# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-26-007430
**Filing Date:** 2026-3
**Character Count:** 304307
**Document Hash:** 337238e67967e33875972417a414d8f6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007430.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007430

**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:** 26805574

**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. Mid Cap Equity ETF (Series ID: S000068165)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000218319 | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | BBMC            |

## Nport-Ex

**JPMorgan BetaBuilders U.S. Mid 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. Mid 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 — 98.5%** | **Common Stocks — 98.5%** | **Common Stocks — 98.5%** |
| **Aerospace & Defense — 3.4%** | **Aerospace & Defense — 3.4%** | **Aerospace & Defense — 3.4%** |
| &nbsp;&nbsp;&nbsp; AeroVironment, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 15249 | &nbsp;&nbsp;&nbsp;&nbsp; 4245169 |
| &nbsp;&nbsp;&nbsp; Archer Aviation, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 204881 | &nbsp;&nbsp;&nbsp;&nbsp; 1473094 |
| &nbsp;&nbsp;&nbsp; ATI, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 54905 | &nbsp;&nbsp;&nbsp;&nbsp; 6605071 |
| &nbsp;&nbsp;&nbsp; BWX Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37364 | &nbsp;&nbsp;&nbsp;&nbsp; 7675687 |
| &nbsp;&nbsp;&nbsp; Carpenter Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 19419 | &nbsp;&nbsp;&nbsp;&nbsp; 6171941 |
| &nbsp;&nbsp;&nbsp; Curtiss-Wright Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15397 | &nbsp;&nbsp;&nbsp;&nbsp; 10111056 |
| &nbsp;&nbsp;&nbsp; Hexcel Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 32870 | &nbsp;&nbsp;&nbsp;&nbsp; 2721965 |
| &nbsp;&nbsp;&nbsp; Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16018 | &nbsp;&nbsp;&nbsp;&nbsp; 6735729 |
| &nbsp;&nbsp;&nbsp; Karman Holdings, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 14482 | &nbsp;&nbsp;&nbsp;&nbsp; 1503232 |
| &nbsp;&nbsp;&nbsp; Kratos Defense & Security Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 67427 | &nbsp;&nbsp;&nbsp;&nbsp; 6945655 |
| &nbsp;&nbsp;&nbsp; Leonardo DRS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 30165 | &nbsp;&nbsp;&nbsp;&nbsp; 1238575 |
| &nbsp;&nbsp;&nbsp; Loar Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9438 | &nbsp;&nbsp;&nbsp;&nbsp; 647258 |
| &nbsp;&nbsp;&nbsp; StandardAero, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 45580 | &nbsp;&nbsp;&nbsp;&nbsp; 1407966 |
| &nbsp;&nbsp;&nbsp; Woodward, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24153 | &nbsp;&nbsp;&nbsp;&nbsp; 7676790 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 65159188 |
| **Air Freight & Logistics — 0.6%** | **Air Freight & Logistics — 0.6%** | **Air Freight & Logistics — 0.6%** |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 48178 | &nbsp;&nbsp;&nbsp;&nbsp; 9392301 |
| &nbsp;&nbsp;&nbsp; GXO Logistics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47769 | &nbsp;&nbsp;&nbsp;&nbsp; 2703248 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 12095549 |
| **Automobile Components — 0.7%** | **Automobile Components — 0.7%** | **Automobile Components — 0.7%** |
| &nbsp;&nbsp;&nbsp; Autoliv, Inc. (Sweden) | &nbsp;&nbsp;&nbsp;&nbsp; 27726 | &nbsp;&nbsp;&nbsp;&nbsp; 3361500 |
| &nbsp;&nbsp;&nbsp; BorgWarner, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 85210 | &nbsp;&nbsp;&nbsp;&nbsp; 4039806 |
| &nbsp;&nbsp;&nbsp; Gentex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 86205 | &nbsp;&nbsp;&nbsp;&nbsp; 1983577 |
| &nbsp;&nbsp;&nbsp; Lear Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 21899 | &nbsp;&nbsp;&nbsp;&nbsp; 2564154 |
| &nbsp;&nbsp;&nbsp; QuantumScape Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 187069 | &nbsp;&nbsp;&nbsp;&nbsp; 1655561 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 13604598 |
| **Automobiles — 0.4%** | **Automobiles — 0.4%** | **Automobiles — 0.4%** |
| &nbsp;&nbsp;&nbsp; Lucid Group, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 58479 | &nbsp;&nbsp;&nbsp;&nbsp; 647362 |
| &nbsp;&nbsp;&nbsp; Rivian Automotive, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 308172 | &nbsp;&nbsp;&nbsp;&nbsp; 4545537 |
| &nbsp;&nbsp;&nbsp; Thor Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20925 | &nbsp;&nbsp;&nbsp;&nbsp; 2340880 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7533779 |
| **Banks — 3.7%** | **Banks — 3.7%** | **Banks — 3.7%** |
| &nbsp;&nbsp;&nbsp; Bank OZK | &nbsp;&nbsp;&nbsp;&nbsp; 41394 | &nbsp;&nbsp;&nbsp;&nbsp; 1968699 |
| &nbsp;&nbsp;&nbsp; BOK Financial Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 8310 | &nbsp;&nbsp;&nbsp;&nbsp; 1079801 |
| &nbsp;&nbsp;&nbsp; Cadence Bank | &nbsp;&nbsp;&nbsp;&nbsp; 1260 | &nbsp;&nbsp;&nbsp;&nbsp; 53059 |
| &nbsp;&nbsp;&nbsp; Columbia Banking System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 116037 | &nbsp;&nbsp;&nbsp;&nbsp; 3416129 |
| &nbsp;&nbsp;&nbsp; Comerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 888 | &nbsp;&nbsp;&nbsp;&nbsp; 78739 |
| &nbsp;&nbsp;&nbsp; Commerce Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 56054 | &nbsp;&nbsp;&nbsp;&nbsp; 2950682 |
| &nbsp;&nbsp;&nbsp; Cullen/Frost Bankers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24616 | &nbsp;&nbsp;&nbsp;&nbsp; 3392577 |
| &nbsp;&nbsp;&nbsp; First Financial Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49264 | &nbsp;&nbsp;&nbsp;&nbsp; 1567580 |
| &nbsp;&nbsp;&nbsp; First Horizon Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 200883 | &nbsp;&nbsp;&nbsp;&nbsp; 4919625 |
| &nbsp;&nbsp;&nbsp; FNB Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 132140 | &nbsp;&nbsp;&nbsp;&nbsp; 2319057 |
| &nbsp;&nbsp;&nbsp; Glacier Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49975 | &nbsp;&nbsp;&nbsp;&nbsp; 2532733 |
| &nbsp;&nbsp;&nbsp; Hancock Whitney Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 33162 | &nbsp;&nbsp;&nbsp;&nbsp; 2281546 |
| &nbsp;&nbsp;&nbsp; Home BancShares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 75331 | &nbsp;&nbsp;&nbsp;&nbsp; 2177066 |
| &nbsp;&nbsp;&nbsp; Old National Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 141362 | &nbsp;&nbsp;&nbsp;&nbsp; 3453474 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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; Pinnacle Financial Partners, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 60247 | &nbsp;&nbsp;&nbsp;&nbsp; 5728887 |
| &nbsp;&nbsp;&nbsp; Popular, Inc. (Puerto Rico) | &nbsp;&nbsp;&nbsp;&nbsp; 26290 | &nbsp;&nbsp;&nbsp;&nbsp; 3510504 |
| &nbsp;&nbsp;&nbsp; Prosperity Bancshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 36958 | &nbsp;&nbsp;&nbsp;&nbsp; 2550472 |
| &nbsp;&nbsp;&nbsp; SouthState Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 39772 | &nbsp;&nbsp;&nbsp;&nbsp; 4069869 |
| &nbsp;&nbsp;&nbsp; TFS Financial Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 21557 | &nbsp;&nbsp;&nbsp;&nbsp; 303415 |
| &nbsp;&nbsp;&nbsp; UMB Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 29321 | &nbsp;&nbsp;&nbsp;&nbsp; 3727872 |
| &nbsp;&nbsp;&nbsp; United Bankshares, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 57368 | &nbsp;&nbsp;&nbsp;&nbsp; 2428387 |
| &nbsp;&nbsp;&nbsp; Valley National Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 183201 | &nbsp;&nbsp;&nbsp;&nbsp; 2282684 |
| &nbsp;&nbsp;&nbsp; Webster Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 66236 | &nbsp;&nbsp;&nbsp;&nbsp; 4356342 |
| &nbsp;&nbsp;&nbsp; Western Alliance Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 45105 | &nbsp;&nbsp;&nbsp;&nbsp; 4021111 |
| &nbsp;&nbsp;&nbsp; Wintrust Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 25788 | &nbsp;&nbsp;&nbsp;&nbsp; 3803472 |
| &nbsp;&nbsp;&nbsp; Zions Bancorp NA | &nbsp;&nbsp;&nbsp;&nbsp; 57817 | &nbsp;&nbsp;&nbsp;&nbsp; 3463816 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 72437598 |
| **Beverages — 0.8%** | **Beverages — 0.8%** | **Beverages — 0.8%** |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 17995 | &nbsp;&nbsp;&nbsp;&nbsp; 500801 |
| &nbsp;&nbsp;&nbsp; Brown-Forman Corp., Class B (a) | &nbsp;&nbsp;&nbsp;&nbsp; 119556 | &nbsp;&nbsp;&nbsp;&nbsp; 3272248 |
| &nbsp;&nbsp;&nbsp; Celsius Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 66843 | &nbsp;&nbsp;&nbsp;&nbsp; 3507920 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Consolidated, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21346 | &nbsp;&nbsp;&nbsp;&nbsp; 3245873 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 68971 | &nbsp;&nbsp;&nbsp;&nbsp; 3313367 |
| &nbsp;&nbsp;&nbsp; Primo Brands Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 84036 | &nbsp;&nbsp;&nbsp;&nbsp; 1591642 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15431851 |
| **Biotechnology — 4.7%** | **Biotechnology — 4.7%** | **Biotechnology — 4.7%** |
| &nbsp;&nbsp;&nbsp; Alkermes plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 64417 | &nbsp;&nbsp;&nbsp;&nbsp; 2183092 |
| &nbsp;&nbsp;&nbsp; Avidity Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47883 | &nbsp;&nbsp;&nbsp;&nbsp; 3474869 |
| &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 77890 | &nbsp;&nbsp;&nbsp;&nbsp; 4403901 |
| &nbsp;&nbsp;&nbsp; Bridgebio Pharma, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 57272 | &nbsp;&nbsp;&nbsp;&nbsp; 4425407 |
| &nbsp;&nbsp;&nbsp; CRISPR Therapeutics AG (Switzerland) \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 38407 | &nbsp;&nbsp;&nbsp;&nbsp; 1918814 |
| &nbsp;&nbsp;&nbsp; Cytokinetics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48008 | &nbsp;&nbsp;&nbsp;&nbsp; 3033626 |
| &nbsp;&nbsp;&nbsp; Exact Sciences Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 75158 | &nbsp;&nbsp;&nbsp;&nbsp; 7691670 |
| &nbsp;&nbsp;&nbsp; Exelixis, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 103046 | &nbsp;&nbsp;&nbsp;&nbsp; 4261983 |
| &nbsp;&nbsp;&nbsp; Halozyme Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 50506 | &nbsp;&nbsp;&nbsp;&nbsp; 3621785 |
| &nbsp;&nbsp;&nbsp; Ionis Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 60746 | &nbsp;&nbsp;&nbsp;&nbsp; 5021872 |
| &nbsp;&nbsp;&nbsp; Madrigal Pharmaceuticals, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7477 | &nbsp;&nbsp;&nbsp;&nbsp; 3658571 |
| &nbsp;&nbsp;&nbsp; Moderna, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 141102 | &nbsp;&nbsp;&nbsp;&nbsp; 6218365 |
| &nbsp;&nbsp;&nbsp; Natera, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53734 | &nbsp;&nbsp;&nbsp;&nbsp; 12420077 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40349 | &nbsp;&nbsp;&nbsp;&nbsp; 5489885 |
| &nbsp;&nbsp;&nbsp; Revolution Medicines, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 61461 | &nbsp;&nbsp;&nbsp;&nbsp; 5958644 |
| &nbsp;&nbsp;&nbsp; Roivant Sciences Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 157949 | &nbsp;&nbsp;&nbsp;&nbsp; 3414857 |
| &nbsp;&nbsp;&nbsp; Summit Therapeutics, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 46168 | &nbsp;&nbsp;&nbsp;&nbsp; 668513 |
| &nbsp;&nbsp;&nbsp; TG Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 59108 | &nbsp;&nbsp;&nbsp;&nbsp; 1739548 |
| &nbsp;&nbsp;&nbsp; United Therapeutics Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16235 | &nbsp;&nbsp;&nbsp;&nbsp; 7622170 |
| &nbsp;&nbsp;&nbsp; Vaxcyte, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 46906 | &nbsp;&nbsp;&nbsp;&nbsp; 2512754 |
| &nbsp;&nbsp;&nbsp; Viking Therapeutics, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 43236 | &nbsp;&nbsp;&nbsp;&nbsp; 1255573 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 90995976 |
| **Broadline Retail — 0.4%** | **Broadline Retail — 0.4%** | **Broadline Retail — 0.4%** |
| &nbsp;&nbsp;&nbsp; Dillard's, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1634 | &nbsp;&nbsp;&nbsp;&nbsp; 992753 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Broadline Retail — continued** | **Broadline Retail — continued** | **Broadline Retail — continued** |
| &nbsp;&nbsp;&nbsp; Etsy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39863 | &nbsp;&nbsp;&nbsp;&nbsp; 2111144 |
| &nbsp;&nbsp;&nbsp; Macy's, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 107233 | &nbsp;&nbsp;&nbsp;&nbsp; 2146805 |
| &nbsp;&nbsp;&nbsp; Ollie's Bargain Outlet Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25226 | &nbsp;&nbsp;&nbsp;&nbsp; 2782680 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8033382 |
| **Building Products — 2.3%** | **Building Products — 2.3%** | **Building Products — 2.3%** |
| &nbsp;&nbsp;&nbsp; A O Smith Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 46587 | &nbsp;&nbsp;&nbsp;&nbsp; 3423679 |
| &nbsp;&nbsp;&nbsp; AAON, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 27625 | &nbsp;&nbsp;&nbsp;&nbsp; 2515533 |
| &nbsp;&nbsp;&nbsp; Advanced Drainage Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28228 | &nbsp;&nbsp;&nbsp;&nbsp; 4291785 |
| &nbsp;&nbsp;&nbsp; Armstrong World Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17749 | &nbsp;&nbsp;&nbsp;&nbsp; 3261201 |
| &nbsp;&nbsp;&nbsp; Builders FirstSource, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 46368 | &nbsp;&nbsp;&nbsp;&nbsp; 5304499 |
| &nbsp;&nbsp;&nbsp; Carlisle Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17712 | &nbsp;&nbsp;&nbsp;&nbsp; 6037844 |
| &nbsp;&nbsp;&nbsp; Fortune Brands Innovations, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 47624 | &nbsp;&nbsp;&nbsp;&nbsp; 2576458 |
| &nbsp;&nbsp;&nbsp; Modine Manufacturing Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20218 | &nbsp;&nbsp;&nbsp;&nbsp; 3733456 |
| &nbsp;&nbsp;&nbsp; Owens Corning | &nbsp;&nbsp;&nbsp;&nbsp; 34929 | &nbsp;&nbsp;&nbsp;&nbsp; 4185891 |
| &nbsp;&nbsp;&nbsp; Simpson Manufacturing Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 17116 | &nbsp;&nbsp;&nbsp;&nbsp; 3025766 |
| &nbsp;&nbsp;&nbsp; Trex Co., Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 43767 | &nbsp;&nbsp;&nbsp;&nbsp; 1812829 |
| &nbsp;&nbsp;&nbsp; UFP Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24778 | &nbsp;&nbsp;&nbsp;&nbsp; 2559072 |
| &nbsp;&nbsp;&nbsp; Zurn Elkay Water Solutions Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 61869 | &nbsp;&nbsp;&nbsp;&nbsp; 2852780 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 45580793 |
| **Capital Markets — 3.3%** | **Capital Markets — 3.3%** | **Capital Markets — 3.3%** |
| &nbsp;&nbsp;&nbsp; Affiliated Managers Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11695 | &nbsp;&nbsp;&nbsp;&nbsp; 3661588 |
| &nbsp;&nbsp;&nbsp; Blue Owl Capital, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 251856 | &nbsp;&nbsp;&nbsp;&nbsp; 3435316 |
| &nbsp;&nbsp;&nbsp; Cohen & Steers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11276 | &nbsp;&nbsp;&nbsp;&nbsp; 724596 |
| &nbsp;&nbsp;&nbsp; Evercore, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 15264 | &nbsp;&nbsp;&nbsp;&nbsp; 5392313 |
| &nbsp;&nbsp;&nbsp; FactSet Research Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15554 | &nbsp;&nbsp;&nbsp;&nbsp; 3956315 |
| &nbsp;&nbsp;&nbsp; Federated Hermes, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 33012 | &nbsp;&nbsp;&nbsp;&nbsp; 1758879 |
| &nbsp;&nbsp;&nbsp; Franklin Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 116961 | &nbsp;&nbsp;&nbsp;&nbsp; 3113502 |
| &nbsp;&nbsp;&nbsp; Freedom Holding Corp. (Kazakhstan) \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 7425 | &nbsp;&nbsp;&nbsp;&nbsp; 918473 |
| &nbsp;&nbsp;&nbsp; Galaxy Digital, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 76414 | &nbsp;&nbsp;&nbsp;&nbsp; 2159460 |
| &nbsp;&nbsp;&nbsp; Hamilton Lane, Inc., Class A (a) | &nbsp;&nbsp;&nbsp;&nbsp; 15619 | &nbsp;&nbsp;&nbsp;&nbsp; 2206028 |
| &nbsp;&nbsp;&nbsp; Houlihan Lokey, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22089 | &nbsp;&nbsp;&nbsp;&nbsp; 3718020 |
| &nbsp;&nbsp;&nbsp; Invesco Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 139615 | &nbsp;&nbsp;&nbsp;&nbsp; 3810093 |
| &nbsp;&nbsp;&nbsp; Janus Henderson Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 48588 | &nbsp;&nbsp;&nbsp;&nbsp; 2338540 |
| &nbsp;&nbsp;&nbsp; Jefferies Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 65251 | &nbsp;&nbsp;&nbsp;&nbsp; 3992056 |
| &nbsp;&nbsp;&nbsp; Lazard, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38680 | &nbsp;&nbsp;&nbsp;&nbsp; 2077890 |
| &nbsp;&nbsp;&nbsp; MarketAxess Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15163 | &nbsp;&nbsp;&nbsp;&nbsp; 2566034 |
| &nbsp;&nbsp;&nbsp; Morningstar, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10353 | &nbsp;&nbsp;&nbsp;&nbsp; 2092238 |
| &nbsp;&nbsp;&nbsp; SEI Investments Co. | &nbsp;&nbsp;&nbsp;&nbsp; 39334 | &nbsp;&nbsp;&nbsp;&nbsp; 3455492 |
| &nbsp;&nbsp;&nbsp; Stifel Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 41409 | &nbsp;&nbsp;&nbsp;&nbsp; 5105730 |
| &nbsp;&nbsp;&nbsp; TPG, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 52274 | &nbsp;&nbsp;&nbsp;&nbsp; 3079461 |
| &nbsp;&nbsp;&nbsp; Tradeweb Markets, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 47430 | &nbsp;&nbsp;&nbsp;&nbsp; 4888610 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 64450634 |
| **Chemicals — 2.4%** | **Chemicals — 2.4%** | **Chemicals — 2.4%** |
| &nbsp;&nbsp;&nbsp; Albemarle Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 47900 | &nbsp;&nbsp;&nbsp;&nbsp; 8173177 |
| &nbsp;&nbsp;&nbsp; Axalta Coating Systems Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 84364 | &nbsp;&nbsp;&nbsp;&nbsp; 2832943 |
| &nbsp;&nbsp;&nbsp; Balchem Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 13322 | &nbsp;&nbsp;&nbsp;&nbsp; 2267005 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Chemicals — continued** | **Chemicals — continued** | **Chemicals — continued** |
| &nbsp;&nbsp;&nbsp; Cabot Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20729 | &nbsp;&nbsp;&nbsp;&nbsp; 1496427 |
| &nbsp;&nbsp;&nbsp; Celanese Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 42123 | &nbsp;&nbsp;&nbsp;&nbsp; 1871946 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 64053 | &nbsp;&nbsp;&nbsp;&nbsp; 5971661 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co. | &nbsp;&nbsp;&nbsp;&nbsp; 47189 | &nbsp;&nbsp;&nbsp;&nbsp; 3271141 |
| &nbsp;&nbsp;&nbsp; Element Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 89430 | &nbsp;&nbsp;&nbsp;&nbsp; 2602413 |
| &nbsp;&nbsp;&nbsp; Mosaic Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 125359 | &nbsp;&nbsp;&nbsp;&nbsp; 3447372 |
| &nbsp;&nbsp;&nbsp; NewMarket Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2959 | &nbsp;&nbsp;&nbsp;&nbsp; 1984868 |
| &nbsp;&nbsp;&nbsp; RPM International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 52674 | &nbsp;&nbsp;&nbsp;&nbsp; 5634011 |
| &nbsp;&nbsp;&nbsp; Sensient Technologies Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 17238 | &nbsp;&nbsp;&nbsp;&nbsp; 1629336 |
| &nbsp;&nbsp;&nbsp; Solstice Advanced Materials, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 64941 | &nbsp;&nbsp;&nbsp;&nbsp; 4011406 |
| &nbsp;&nbsp;&nbsp; Westlake Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 13889 | &nbsp;&nbsp;&nbsp;&nbsp; 1101675 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 46295381 |
| **Commercial Services & Supplies — 0.8%** | **Commercial Services & Supplies — 0.8%** | **Commercial Services & Supplies — 0.8%** |
| &nbsp;&nbsp;&nbsp; Casella Waste Systems, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 25528 | &nbsp;&nbsp;&nbsp;&nbsp; 2575265 |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20839 | &nbsp;&nbsp;&nbsp;&nbsp; 5416264 |
| &nbsp;&nbsp;&nbsp; MSA Safety, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15172 | &nbsp;&nbsp;&nbsp;&nbsp; 2687720 |
| &nbsp;&nbsp;&nbsp; Tetra Tech, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 102494 | &nbsp;&nbsp;&nbsp;&nbsp; 3859924 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14539173 |
| **Communications Equipment — 1.3%** | **Communications Equipment — 1.3%** | **Communications Equipment — 1.3%** |
| &nbsp;&nbsp;&nbsp; Ciena Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 57799 | &nbsp;&nbsp;&nbsp;&nbsp; 14554366 |
| &nbsp;&nbsp;&nbsp; Lumentum Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 28217 | &nbsp;&nbsp;&nbsp;&nbsp; 11056550 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 25610916 |
| **Construction & Engineering — 1.8%** | **Construction & Engineering — 1.8%** | **Construction & Engineering — 1.8%** |
| &nbsp;&nbsp;&nbsp; AECOM | &nbsp;&nbsp;&nbsp;&nbsp; 52332 | &nbsp;&nbsp;&nbsp;&nbsp; 5046375 |
| &nbsp;&nbsp;&nbsp; API Group Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 126599 | &nbsp;&nbsp;&nbsp;&nbsp; 5262720 |
| &nbsp;&nbsp;&nbsp; Arcosa, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18767 | &nbsp;&nbsp;&nbsp;&nbsp; 2148258 |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11350 | &nbsp;&nbsp;&nbsp;&nbsp; 4135827 |
| &nbsp;&nbsp;&nbsp; Fluor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 64570 | &nbsp;&nbsp;&nbsp;&nbsp; 2982488 |
| &nbsp;&nbsp;&nbsp; MasTec, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25019 | &nbsp;&nbsp;&nbsp;&nbsp; 6016569 |
| &nbsp;&nbsp;&nbsp; Sterling Infrastructure, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12437 | &nbsp;&nbsp;&nbsp;&nbsp; 4451327 |
| &nbsp;&nbsp;&nbsp; Valmont Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8194 | &nbsp;&nbsp;&nbsp;&nbsp; 3650919 |
| &nbsp;&nbsp;&nbsp; WillScot Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 74930 | &nbsp;&nbsp;&nbsp;&nbsp; 1500848 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 35195331 |
| **Construction Materials — 0.1%** | **Construction Materials — 0.1%** | **Construction Materials — 0.1%** |
| &nbsp;&nbsp;&nbsp; Eagle Materials, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13613 | &nbsp;&nbsp;&nbsp;&nbsp; 2774466 |
| **Consumer Finance — 0.8%** | **Consumer Finance — 0.8%** | **Consumer Finance — 0.8%** |
| &nbsp;&nbsp;&nbsp; Ally Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 112737 | &nbsp;&nbsp;&nbsp;&nbsp; 4766520 |
| &nbsp;&nbsp;&nbsp; Credit Acceptance Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 2387 | &nbsp;&nbsp;&nbsp;&nbsp; 1189299 |
| &nbsp;&nbsp;&nbsp; Figure Technology Solutions, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 12887 | &nbsp;&nbsp;&nbsp;&nbsp; 733013 |
| &nbsp;&nbsp;&nbsp; FirstCash Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16335 | &nbsp;&nbsp;&nbsp;&nbsp; 2785117 |
| &nbsp;&nbsp;&nbsp; OneMain Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 48912 | &nbsp;&nbsp;&nbsp;&nbsp; 3205692 |
| &nbsp;&nbsp;&nbsp; SLM Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 80691 | &nbsp;&nbsp;&nbsp;&nbsp; 2190761 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14870402 |
| **Consumer Staples Distribution & Retail — 1.8%** | **Consumer Staples Distribution & Retail — 1.8%** | **Consumer Staples Distribution & Retail — 1.8%** |
| &nbsp;&nbsp;&nbsp; Albertsons Cos., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 154333 | &nbsp;&nbsp;&nbsp;&nbsp; 2569645 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Consumer Staples Distribution & Retail — continued** | **Consumer Staples Distribution & Retail — continued** | **Consumer Staples Distribution & Retail — continued** |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47462 | &nbsp;&nbsp;&nbsp;&nbsp; 4387387 |
| &nbsp;&nbsp;&nbsp; Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14893 | &nbsp;&nbsp;&nbsp;&nbsp; 9032605 |
| &nbsp;&nbsp;&nbsp; Maplebear, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 75199 | &nbsp;&nbsp;&nbsp;&nbsp; 2794395 |
| &nbsp;&nbsp;&nbsp; Performance Food Group Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 63467 | &nbsp;&nbsp;&nbsp;&nbsp; 6057925 |
| &nbsp;&nbsp;&nbsp; Sprouts Farmers Market, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 40107 | &nbsp;&nbsp;&nbsp;&nbsp; 2843987 |
| &nbsp;&nbsp;&nbsp; US Foods Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 93652 | &nbsp;&nbsp;&nbsp;&nbsp; 7831180 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 35517124 |
| **Containers & Packaging — 1.1%** | **Containers & Packaging — 1.1%** | **Containers & Packaging — 1.1%** |
| &nbsp;&nbsp;&nbsp; AptarGroup, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26852 | &nbsp;&nbsp;&nbsp;&nbsp; 3355158 |
| &nbsp;&nbsp;&nbsp; Ball Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 109395 | &nbsp;&nbsp;&nbsp;&nbsp; 6221294 |
| &nbsp;&nbsp;&nbsp; Crown Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 47777 | &nbsp;&nbsp;&nbsp;&nbsp; 5001296 |
| &nbsp;&nbsp;&nbsp; Graphic Packaging Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp; 112344 | &nbsp;&nbsp;&nbsp;&nbsp; 1645840 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 57631 | &nbsp;&nbsp;&nbsp;&nbsp; 2413586 |
| &nbsp;&nbsp;&nbsp; Silgan Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 36156 | &nbsp;&nbsp;&nbsp;&nbsp; 1560131 |
| &nbsp;&nbsp;&nbsp; Sonoco Products Co. | &nbsp;&nbsp;&nbsp;&nbsp; 39925 | &nbsp;&nbsp;&nbsp;&nbsp; 1916400 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 22113705 |
| **Distributors — 0.4%** | **Distributors — 0.4%** | **Distributors — 0.4%** |
| &nbsp;&nbsp;&nbsp; LKQ Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 105293 | &nbsp;&nbsp;&nbsp;&nbsp; 3458875 |
| &nbsp;&nbsp;&nbsp; Pool Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15005 | &nbsp;&nbsp;&nbsp;&nbsp; 3812621 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7271496 |
| **Diversified Consumer Services — 0.8%** | **Diversified Consumer Services — 0.8%** | **Diversified Consumer Services — 0.8%** |
| &nbsp;&nbsp;&nbsp; ADT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 141055 | &nbsp;&nbsp;&nbsp;&nbsp; 1128440 |
| &nbsp;&nbsp;&nbsp; Bright Horizons Family Solutions, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22593 | &nbsp;&nbsp;&nbsp;&nbsp; 2092789 |
| &nbsp;&nbsp;&nbsp; Duolingo, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 15901 | &nbsp;&nbsp;&nbsp;&nbsp; 2131688 |
| &nbsp;&nbsp;&nbsp; Grand Canyon Education, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11442 | &nbsp;&nbsp;&nbsp;&nbsp; 1989077 |
| &nbsp;&nbsp;&nbsp; H&R Block, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 54666 | &nbsp;&nbsp;&nbsp;&nbsp; 2156574 |
| &nbsp;&nbsp;&nbsp; Liberty Live Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 8075 | &nbsp;&nbsp;&nbsp;&nbsp; 649553 |
| &nbsp;&nbsp;&nbsp; Liberty Live Holdings, Inc., Class C \* | &nbsp;&nbsp;&nbsp;&nbsp; 18998 | &nbsp;&nbsp;&nbsp;&nbsp; 1568855 |
| &nbsp;&nbsp;&nbsp; Service Corp. International | &nbsp;&nbsp;&nbsp;&nbsp; 58079 | &nbsp;&nbsp;&nbsp;&nbsp; 4671294 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16388270 |
| **Diversified REITs — 0.1%** | **Diversified REITs — 0.1%** | **Diversified REITs — 0.1%** |
| &nbsp;&nbsp;&nbsp; Essential Properties Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 80798 | &nbsp;&nbsp;&nbsp;&nbsp; 2453027 |
| **Diversified Telecommunication Services — 0.8%** | **Diversified Telecommunication Services — 0.8%** | **Diversified Telecommunication Services — 0.8%** |
| &nbsp;&nbsp;&nbsp; AST SpaceMobile, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 98128 | &nbsp;&nbsp;&nbsp;&nbsp; 10912815 |
| &nbsp;&nbsp;&nbsp; Liberty Global Ltd., Class A (Belgium) \* | &nbsp;&nbsp;&nbsp;&nbsp; 67763 | &nbsp;&nbsp;&nbsp;&nbsp; 751491 |
| &nbsp;&nbsp;&nbsp; Liberty Global Ltd., Class C (Belgium) \* | &nbsp;&nbsp;&nbsp;&nbsp; 52698 | &nbsp;&nbsp;&nbsp;&nbsp; 583894 |
| &nbsp;&nbsp;&nbsp; Lumen Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 372006 | &nbsp;&nbsp;&nbsp;&nbsp; 3281093 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15529293 |
| **Electric Utilities — 1.0%** | **Electric Utilities — 1.0%** | **Electric Utilities — 1.0%** |
| &nbsp;&nbsp;&nbsp; IDACORP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21023 | &nbsp;&nbsp;&nbsp;&nbsp; 2791644 |
| &nbsp;&nbsp;&nbsp; OGE Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 81961 | &nbsp;&nbsp;&nbsp;&nbsp; 3580056 |
| &nbsp;&nbsp;&nbsp; Oklo, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 37838 | &nbsp;&nbsp;&nbsp;&nbsp; 3012662 |
| &nbsp;&nbsp;&nbsp; Pinnacle West Capital Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 48769 | &nbsp;&nbsp;&nbsp;&nbsp; 4562828 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Electric Utilities — continued** | **Electric Utilities — continued** | **Electric Utilities — continued** |
| &nbsp;&nbsp;&nbsp; Portland General Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp; 44766 | &nbsp;&nbsp;&nbsp;&nbsp; 2249491 |
| &nbsp;&nbsp;&nbsp; TXNM Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 38737 | &nbsp;&nbsp;&nbsp;&nbsp; 2282384 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 18479065 |
| **Electrical Equipment — 1.6%** | **Electrical Equipment — 1.6%** | **Electrical Equipment — 1.6%** |
| &nbsp;&nbsp;&nbsp; Acuity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12216 | &nbsp;&nbsp;&nbsp;&nbsp; 3777676 |
| &nbsp;&nbsp;&nbsp; EnerSys | &nbsp;&nbsp;&nbsp;&nbsp; 15512 | &nbsp;&nbsp;&nbsp;&nbsp; 2795107 |
| &nbsp;&nbsp;&nbsp; Generac Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24361 | &nbsp;&nbsp;&nbsp;&nbsp; 4093623 |
| &nbsp;&nbsp;&nbsp; Nextpower, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 58682 | &nbsp;&nbsp;&nbsp;&nbsp; 6871075 |
| &nbsp;&nbsp;&nbsp; nVent Electric plc | &nbsp;&nbsp;&nbsp;&nbsp; 65692 | &nbsp;&nbsp;&nbsp;&nbsp; 7374584 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 27083 | &nbsp;&nbsp;&nbsp;&nbsp; 4373905 |
| &nbsp;&nbsp;&nbsp; Sensata Technologies Holding plc | &nbsp;&nbsp;&nbsp;&nbsp; 58616 | &nbsp;&nbsp;&nbsp;&nbsp; 2027527 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 31313497 |
| **Electronic Equipment, Instruments & Components — 3.1%** | **Electronic Equipment, Instruments & Components — 3.1%** | **Electronic Equipment, Instruments & Components — 3.1%** |
| &nbsp;&nbsp;&nbsp; Advanced Energy Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15438 | &nbsp;&nbsp;&nbsp;&nbsp; 3942248 |
| &nbsp;&nbsp;&nbsp; Arrow Electronics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19341 | &nbsp;&nbsp;&nbsp;&nbsp; 2562489 |
| &nbsp;&nbsp;&nbsp; Avnet, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31730 | &nbsp;&nbsp;&nbsp;&nbsp; 1979635 |
| &nbsp;&nbsp;&nbsp; Badger Meter, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11990 | &nbsp;&nbsp;&nbsp;&nbsp; 1757494 |
| &nbsp;&nbsp;&nbsp; Belden, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15718 | &nbsp;&nbsp;&nbsp;&nbsp; 1847022 |
| &nbsp;&nbsp;&nbsp; Cognex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 65844 | &nbsp;&nbsp;&nbsp;&nbsp; 2550797 |
| &nbsp;&nbsp;&nbsp; Coherent Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 62697 | &nbsp;&nbsp;&nbsp;&nbsp; 13303049 |
| &nbsp;&nbsp;&nbsp; Fabrinet (Thailand) \* | &nbsp;&nbsp;&nbsp;&nbsp; 14862 | &nbsp;&nbsp;&nbsp;&nbsp; 7274057 |
| &nbsp;&nbsp;&nbsp; Jabil, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 40774 | &nbsp;&nbsp;&nbsp;&nbsp; 9671185 |
| &nbsp;&nbsp;&nbsp; Littelfuse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 10139 | &nbsp;&nbsp;&nbsp;&nbsp; 3282603 |
| &nbsp;&nbsp;&nbsp; Novanta, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14573 | &nbsp;&nbsp;&nbsp;&nbsp; 1960651 |
| &nbsp;&nbsp;&nbsp; Sanmina Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20279 | &nbsp;&nbsp;&nbsp;&nbsp; 2873129 |
| &nbsp;&nbsp;&nbsp; TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 30584 | &nbsp;&nbsp;&nbsp;&nbsp; 4852763 |
| &nbsp;&nbsp;&nbsp; Vontier Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 60550 | &nbsp;&nbsp;&nbsp;&nbsp; 2270625 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 60127747 |
| **Energy Equipment & Services — 0.7%** | **Energy Equipment & Services — 0.7%** | **Energy Equipment & Services — 0.7%** |
| &nbsp;&nbsp;&nbsp; NOV, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 148112 | &nbsp;&nbsp;&nbsp;&nbsp; 2717855 |
| &nbsp;&nbsp;&nbsp; TechnipFMC plc (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp; 156050 | &nbsp;&nbsp;&nbsp;&nbsp; 8695106 |
| &nbsp;&nbsp;&nbsp; Weatherford International plc | &nbsp;&nbsp;&nbsp;&nbsp; 29892 | &nbsp;&nbsp;&nbsp;&nbsp; 2812240 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14225201 |
| **Entertainment — 0.7%** | **Entertainment — 0.7%** | **Entertainment — 0.7%** |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Sports Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 6894 | &nbsp;&nbsp;&nbsp;&nbsp; 1954794 |
| &nbsp;&nbsp;&nbsp; Roku, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 52300 | &nbsp;&nbsp;&nbsp;&nbsp; 4978960 |
| &nbsp;&nbsp;&nbsp; TKO Group Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 27964 | &nbsp;&nbsp;&nbsp;&nbsp; 5664947 |
| &nbsp;&nbsp;&nbsp; Warner Music Group Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 56338 | &nbsp;&nbsp;&nbsp;&nbsp; 1689013 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14287714 |
| **Financial Services — 2.2%** | **Financial Services — 2.2%** | **Financial Services — 2.2%** |
| &nbsp;&nbsp;&nbsp; Affirm Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 109377 | &nbsp;&nbsp;&nbsp;&nbsp; 6595433 |
| &nbsp;&nbsp;&nbsp; Enact Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12904 | &nbsp;&nbsp;&nbsp;&nbsp; 513192 |
| &nbsp;&nbsp;&nbsp; Essent Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 40195 | &nbsp;&nbsp;&nbsp;&nbsp; 2529070 |
| &nbsp;&nbsp;&nbsp; Jack Henry & Associates, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 29782 | &nbsp;&nbsp;&nbsp;&nbsp; 5337232 |
| &nbsp;&nbsp;&nbsp; Jackson Financial, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 29099 | &nbsp;&nbsp;&nbsp;&nbsp; 3460453 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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; MGIC Investment Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 85520 | &nbsp;&nbsp;&nbsp;&nbsp; 2302198 |
| &nbsp;&nbsp;&nbsp; PennyMac Financial Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11564 | &nbsp;&nbsp;&nbsp;&nbsp; 1155475 |
| &nbsp;&nbsp;&nbsp; Radian Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 57649 | &nbsp;&nbsp;&nbsp;&nbsp; 1896652 |
| &nbsp;&nbsp;&nbsp; Rocket Cos., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 360329 | &nbsp;&nbsp;&nbsp;&nbsp; 6460699 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments, Inc., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 26953 | &nbsp;&nbsp;&nbsp;&nbsp; 1591305 |
| &nbsp;&nbsp;&nbsp; Toast, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 202634 | &nbsp;&nbsp;&nbsp;&nbsp; 6303944 |
| &nbsp;&nbsp;&nbsp; Voya Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 39255 | &nbsp;&nbsp;&nbsp;&nbsp; 3009288 |
| &nbsp;&nbsp;&nbsp; WEX, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12865 | &nbsp;&nbsp;&nbsp;&nbsp; 1979924 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 43134865 |
| **Food Products — 1.7%** | **Food Products — 1.7%** | **Food Products — 1.7%** |
| &nbsp;&nbsp;&nbsp; Bunge Global SA | &nbsp;&nbsp;&nbsp;&nbsp; 55155 | &nbsp;&nbsp;&nbsp;&nbsp; 6281051 |
| &nbsp;&nbsp;&nbsp; Campbell's Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 81385 | &nbsp;&nbsp;&nbsp;&nbsp; 2277152 |
| &nbsp;&nbsp;&nbsp; Conagra Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 195142 | &nbsp;&nbsp;&nbsp;&nbsp; 3612078 |
| &nbsp;&nbsp;&nbsp; Darling Ingredients, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 59980 | &nbsp;&nbsp;&nbsp;&nbsp; 2738687 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 118488 | &nbsp;&nbsp;&nbsp;&nbsp; 2915990 |
| &nbsp;&nbsp;&nbsp; Ingredion, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 25235 | &nbsp;&nbsp;&nbsp;&nbsp; 2980254 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 42916 | &nbsp;&nbsp;&nbsp;&nbsp; 4500172 |
| &nbsp;&nbsp;&nbsp; Lamb Weston Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 53182 | &nbsp;&nbsp;&nbsp;&nbsp; 2442649 |
| &nbsp;&nbsp;&nbsp; Marzetti Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 8316 | &nbsp;&nbsp;&nbsp;&nbsp; 1426776 |
| &nbsp;&nbsp;&nbsp; Pilgrim's Pride Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 16967 | &nbsp;&nbsp;&nbsp;&nbsp; 735859 |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20440 | &nbsp;&nbsp;&nbsp;&nbsp; 2091216 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 32001884 |
| **Gas Utilities — 0.8%** | **Gas Utilities — 0.8%** | **Gas Utilities — 0.8%** |
| &nbsp;&nbsp;&nbsp; MDU Resources Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 79942 | &nbsp;&nbsp;&nbsp;&nbsp; 1639610 |
| &nbsp;&nbsp;&nbsp; National Fuel Gas Co. | &nbsp;&nbsp;&nbsp;&nbsp; 36999 | &nbsp;&nbsp;&nbsp;&nbsp; 3098666 |
| &nbsp;&nbsp;&nbsp; New Jersey Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 39714 | &nbsp;&nbsp;&nbsp;&nbsp; 1965049 |
| &nbsp;&nbsp;&nbsp; ONE Gas, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23392 | &nbsp;&nbsp;&nbsp;&nbsp; 1861068 |
| &nbsp;&nbsp;&nbsp; Southwest Gas Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24103 | &nbsp;&nbsp;&nbsp;&nbsp; 1996210 |
| &nbsp;&nbsp;&nbsp; Spire, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23677 | &nbsp;&nbsp;&nbsp;&nbsp; 2000470 |
| &nbsp;&nbsp;&nbsp; UGI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 87883 | &nbsp;&nbsp;&nbsp;&nbsp; 3524987 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16086060 |
| **Ground Transportation — 1.3%** | **Ground Transportation — 1.3%** | **Ground Transportation — 1.3%** |
| &nbsp;&nbsp;&nbsp; Avis Budget Group, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 7135 | &nbsp;&nbsp;&nbsp;&nbsp; 820454 |
| &nbsp;&nbsp;&nbsp; Knight-Swift Transportation Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 64170 | &nbsp;&nbsp;&nbsp;&nbsp; 3535767 |
| &nbsp;&nbsp;&nbsp; Landstar System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 14289 | &nbsp;&nbsp;&nbsp;&nbsp; 2134205 |
| &nbsp;&nbsp;&nbsp; Lyft, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 160077 | &nbsp;&nbsp;&nbsp;&nbsp; 2700499 |
| &nbsp;&nbsp;&nbsp; Ryder System, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16600 | &nbsp;&nbsp;&nbsp;&nbsp; 3175248 |
| &nbsp;&nbsp;&nbsp; Saia, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10885 | &nbsp;&nbsp;&nbsp;&nbsp; 3645060 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 3133 | &nbsp;&nbsp;&nbsp;&nbsp; 177171 |
| &nbsp;&nbsp;&nbsp; U-Haul Holding Co. | &nbsp;&nbsp;&nbsp;&nbsp; 39605 | &nbsp;&nbsp;&nbsp;&nbsp; 2032133 |
| &nbsp;&nbsp;&nbsp; XPO, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 48141 | &nbsp;&nbsp;&nbsp;&nbsp; 7130163 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 25350700 |
| **Health Care Equipment & Supplies — 1.8%** | **Health Care Equipment & Supplies — 1.8%** | **Health Care Equipment & Supplies — 1.8%** |
| &nbsp;&nbsp;&nbsp; Align Technology, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 28984 | &nbsp;&nbsp;&nbsp;&nbsp; 4725262 |
| &nbsp;&nbsp;&nbsp; Baxter International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 209659 | &nbsp;&nbsp;&nbsp;&nbsp; 4207856 |
| &nbsp;&nbsp;&nbsp; Glaukos Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21676 | &nbsp;&nbsp;&nbsp;&nbsp; 2587681 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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 Equipment & Supplies — continued** | **Health Care Equipment & Supplies — continued** | **Health Care Equipment & Supplies — continued** |
| &nbsp;&nbsp;&nbsp; Globus Medical, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 47067 | &nbsp;&nbsp;&nbsp;&nbsp; 4268036 |
| &nbsp;&nbsp;&nbsp; Lantheus Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 27632 | &nbsp;&nbsp;&nbsp;&nbsp; 1849133 |
| &nbsp;&nbsp;&nbsp; Masimo Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19216 | &nbsp;&nbsp;&nbsp;&nbsp; 2638933 |
| &nbsp;&nbsp;&nbsp; Merit Medical Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24138 | &nbsp;&nbsp;&nbsp;&nbsp; 1957350 |
| &nbsp;&nbsp;&nbsp; Penumbra, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 15197 | &nbsp;&nbsp;&nbsp;&nbsp; 5443110 |
| &nbsp;&nbsp;&nbsp; Solventum Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 56603 | &nbsp;&nbsp;&nbsp;&nbsp; 4356733 |
| &nbsp;&nbsp;&nbsp; Teleflex, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 18958 | &nbsp;&nbsp;&nbsp;&nbsp; 1978646 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 34012740 |
| **Health Care Providers & Services — 2.3%** | **Health Care Providers & Services — 2.3%** | **Health Care Providers & Services — 2.3%** |
| &nbsp;&nbsp;&nbsp; Chemed Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 6007 | &nbsp;&nbsp;&nbsp;&nbsp; 2565830 |
| &nbsp;&nbsp;&nbsp; CorVel Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12064 | &nbsp;&nbsp;&nbsp;&nbsp; 840016 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14315 | &nbsp;&nbsp;&nbsp;&nbsp; 1565202 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 39389 | &nbsp;&nbsp;&nbsp;&nbsp; 3723442 |
| &nbsp;&nbsp;&nbsp; Ensign Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 23541 | &nbsp;&nbsp;&nbsp;&nbsp; 4041048 |
| &nbsp;&nbsp;&nbsp; Guardant Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47358 | &nbsp;&nbsp;&nbsp;&nbsp; 5400706 |
| &nbsp;&nbsp;&nbsp; HealthEquity, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 34817 | &nbsp;&nbsp;&nbsp;&nbsp; 2982772 |
| &nbsp;&nbsp;&nbsp; Henry Schein, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 43042 | &nbsp;&nbsp;&nbsp;&nbsp; 3248810 |
| &nbsp;&nbsp;&nbsp; Hims & Hers Health, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 83060 | &nbsp;&nbsp;&nbsp;&nbsp; 2250096 |
| &nbsp;&nbsp;&nbsp; Molina Healthcare, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20789 | &nbsp;&nbsp;&nbsp;&nbsp; 3733497 |
| &nbsp;&nbsp;&nbsp; Option Care Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 66922 | &nbsp;&nbsp;&nbsp;&nbsp; 2275348 |
| &nbsp;&nbsp;&nbsp; Tenet Healthcare Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 35798 | &nbsp;&nbsp;&nbsp;&nbsp; 6775846 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 22820 | &nbsp;&nbsp;&nbsp;&nbsp; 4592753 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 43995366 |
| **Health Care REITs — 0.8%** | **Health Care REITs — 0.8%** | **Health Care REITs — 0.8%** |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 60792 | &nbsp;&nbsp;&nbsp;&nbsp; 3321675 |
| &nbsp;&nbsp;&nbsp; Healthcare Realty Trust, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 139628 | &nbsp;&nbsp;&nbsp;&nbsp; 2344354 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 285265 | &nbsp;&nbsp;&nbsp;&nbsp; 4917969 |
| &nbsp;&nbsp;&nbsp; Omega Healthcare Investors, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 117245 | &nbsp;&nbsp;&nbsp;&nbsp; 5144710 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15728708 |
| **Health Care Technology — 0.1%** | **Health Care Technology — 0.1%** | **Health Care Technology — 0.1%** |
| &nbsp;&nbsp;&nbsp; Doximity, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 53151 | &nbsp;&nbsp;&nbsp;&nbsp; 1991568 |
| &nbsp;&nbsp;&nbsp; Waystar Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 32629 | &nbsp;&nbsp;&nbsp;&nbsp; 866626 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2858194 |
| **Hotel & Resort REITs — 0.4%** | **Hotel & Resort REITs — 0.4%** | **Hotel & Resort REITs — 0.4%** |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 286008 | &nbsp;&nbsp;&nbsp;&nbsp; 5299728 |
| &nbsp;&nbsp;&nbsp; Ryman Hospitality Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 25155 | &nbsp;&nbsp;&nbsp;&nbsp; 2382179 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7681907 |
| **Hotels, Restaurants & Leisure — 2.8%** | **Hotels, Restaurants & Leisure — 2.8%** | **Hotels, Restaurants & Leisure — 2.8%** |
| &nbsp;&nbsp;&nbsp; Aramark | &nbsp;&nbsp;&nbsp;&nbsp; 107069 | &nbsp;&nbsp;&nbsp;&nbsp; 4121086 |
| &nbsp;&nbsp;&nbsp; Boyd Gaming Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 22909 | &nbsp;&nbsp;&nbsp;&nbsp; 1936727 |
| &nbsp;&nbsp;&nbsp; Caesars Entertainment, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 83341 | &nbsp;&nbsp;&nbsp;&nbsp; 1725159 |
| &nbsp;&nbsp;&nbsp; Cava Group, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 40047 | &nbsp;&nbsp;&nbsp;&nbsp; 2427649 |
| &nbsp;&nbsp;&nbsp; Choice Hotels International, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 11067 | &nbsp;&nbsp;&nbsp;&nbsp; 1137688 |
| &nbsp;&nbsp;&nbsp; Churchill Downs, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 28326 | &nbsp;&nbsp;&nbsp;&nbsp; 2786145 |
| &nbsp;&nbsp;&nbsp; DraftKings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 199249 | &nbsp;&nbsp;&nbsp;&nbsp; 5481340 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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; Dutch Bros, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 46755 | &nbsp;&nbsp;&nbsp;&nbsp; 2543004 |
| &nbsp;&nbsp;&nbsp; Hilton Grand Vacations, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21926 | &nbsp;&nbsp;&nbsp;&nbsp; 989082 |
| &nbsp;&nbsp;&nbsp; Hyatt Hotels Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 16472 | &nbsp;&nbsp;&nbsp;&nbsp; 2575727 |
| &nbsp;&nbsp;&nbsp; Life Time Group Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 49427 | &nbsp;&nbsp;&nbsp;&nbsp; 1441785 |
| &nbsp;&nbsp;&nbsp; MGM Resorts International \* | &nbsp;&nbsp;&nbsp;&nbsp; 81302 | &nbsp;&nbsp;&nbsp;&nbsp; 2726869 |
| &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 181021 | &nbsp;&nbsp;&nbsp;&nbsp; 3975221 |
| &nbsp;&nbsp;&nbsp; Planet Fitness, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 33224 | &nbsp;&nbsp;&nbsp;&nbsp; 3024713 |
| &nbsp;&nbsp;&nbsp; Texas Roadhouse, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 27300 | &nbsp;&nbsp;&nbsp;&nbsp; 4910178 |
| &nbsp;&nbsp;&nbsp; Travel + Leisure Co. | &nbsp;&nbsp;&nbsp;&nbsp; 26161 | &nbsp;&nbsp;&nbsp;&nbsp; 1819236 |
| &nbsp;&nbsp;&nbsp; Vail Resorts, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 14422 | &nbsp;&nbsp;&nbsp;&nbsp; 1919135 |
| &nbsp;&nbsp;&nbsp; Wingstop, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 11432 | &nbsp;&nbsp;&nbsp;&nbsp; 3034396 |
| &nbsp;&nbsp;&nbsp; Wyndham Hotels & Resorts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 29862 | &nbsp;&nbsp;&nbsp;&nbsp; 2173655 |
| &nbsp;&nbsp;&nbsp; Wynn Resorts Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 34137 | &nbsp;&nbsp;&nbsp;&nbsp; 3668021 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 54416816 |
| **Household Durables — 1.7%** | **Household Durables — 1.7%** | **Household Durables — 1.7%** |
| &nbsp;&nbsp;&nbsp; Champion Homes, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21816 | &nbsp;&nbsp;&nbsp;&nbsp; 1709938 |
| &nbsp;&nbsp;&nbsp; Installed Building Products, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 9438 | &nbsp;&nbsp;&nbsp;&nbsp; 2719465 |
| &nbsp;&nbsp;&nbsp; KB Home | &nbsp;&nbsp;&nbsp;&nbsp; 26613 | &nbsp;&nbsp;&nbsp;&nbsp; 1531312 |
| &nbsp;&nbsp;&nbsp; Meritage Homes Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 29267 | &nbsp;&nbsp;&nbsp;&nbsp; 2034349 |
| &nbsp;&nbsp;&nbsp; Mohawk Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20176 | &nbsp;&nbsp;&nbsp;&nbsp; 2388435 |
| &nbsp;&nbsp;&nbsp; Somnigroup International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 76305 | &nbsp;&nbsp;&nbsp;&nbsp; 6703394 |
| &nbsp;&nbsp;&nbsp; Taylor Morrison Home Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 41012 | &nbsp;&nbsp;&nbsp;&nbsp; 2499682 |
| &nbsp;&nbsp;&nbsp; Toll Brothers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 40696 | &nbsp;&nbsp;&nbsp;&nbsp; 5880165 |
| &nbsp;&nbsp;&nbsp; TopBuild Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 11420 | &nbsp;&nbsp;&nbsp;&nbsp; 5345131 |
| &nbsp;&nbsp;&nbsp; Whirlpool Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 22751 | &nbsp;&nbsp;&nbsp;&nbsp; 1819853 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 32631724 |
| **Household Products — 0.0% ^** | **Household Products — 0.0% ^** | **Household Products — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Reynolds Consumer Products, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22248 | &nbsp;&nbsp;&nbsp;&nbsp; 515486 |
| **Independent Power and Renewable Electricity Producers — 0.8%** | **Independent Power and Renewable Electricity Producers — 0.8%** | **Independent Power and Renewable Electricity Producers — 0.8%** |
| &nbsp;&nbsp;&nbsp; AES Corp. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 290162 | &nbsp;&nbsp;&nbsp;&nbsp; 4250873 |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 13662 | &nbsp;&nbsp;&nbsp;&nbsp; 461366 |
| &nbsp;&nbsp;&nbsp; Clearway Energy, Inc., Class C | &nbsp;&nbsp;&nbsp;&nbsp; 33686 | &nbsp;&nbsp;&nbsp;&nbsp; 1217749 |
| &nbsp;&nbsp;&nbsp; Ormat Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23393 | &nbsp;&nbsp;&nbsp;&nbsp; 2922722 |
| &nbsp;&nbsp;&nbsp; Talen Energy Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17115 | &nbsp;&nbsp;&nbsp;&nbsp; 5962181 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14814891 |
| **Industrial REITs — 0.9%** | **Industrial REITs — 0.9%** | **Industrial REITs — 0.9%** |
| &nbsp;&nbsp;&nbsp; Americold Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 102088 | &nbsp;&nbsp;&nbsp;&nbsp; 1266912 |
| &nbsp;&nbsp;&nbsp; EastGroup Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21408 | &nbsp;&nbsp;&nbsp;&nbsp; 3888549 |
| &nbsp;&nbsp;&nbsp; First Industrial Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49400 | &nbsp;&nbsp;&nbsp;&nbsp; 2866682 |
| &nbsp;&nbsp;&nbsp; Lineage, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24289 | &nbsp;&nbsp;&nbsp;&nbsp; 867360 |
| &nbsp;&nbsp;&nbsp; Rexford Industrial Realty, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 96662 | &nbsp;&nbsp;&nbsp;&nbsp; 3917711 |
| &nbsp;&nbsp;&nbsp; STAG Industrial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 76369 | &nbsp;&nbsp;&nbsp;&nbsp; 2864601 |
| &nbsp;&nbsp;&nbsp; Terreno Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 41313 | &nbsp;&nbsp;&nbsp;&nbsp; 2542402 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 18214217 |
| **Insurance — 3.6%** | **Insurance — 3.6%** | **Insurance — 3.6%** |
| &nbsp;&nbsp;&nbsp; American Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 29269 | &nbsp;&nbsp;&nbsp;&nbsp; 3812873 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Insurance — continued** | **Insurance — continued** | **Insurance — continued** |
| &nbsp;&nbsp;&nbsp; Assurant, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20748 | &nbsp;&nbsp;&nbsp;&nbsp; 4940721 |
| &nbsp;&nbsp;&nbsp; Assured Guaranty Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 19532 | &nbsp;&nbsp;&nbsp;&nbsp; 1657290 |
| &nbsp;&nbsp;&nbsp; Axis Capital Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 30971 | &nbsp;&nbsp;&nbsp;&nbsp; 3195588 |
| &nbsp;&nbsp;&nbsp; Erie Indemnity Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 10288 | &nbsp;&nbsp;&nbsp;&nbsp; 2911607 |
| &nbsp;&nbsp;&nbsp; Everest Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 17416 | &nbsp;&nbsp;&nbsp;&nbsp; 5769572 |
| &nbsp;&nbsp;&nbsp; First American Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 40394 | &nbsp;&nbsp;&nbsp;&nbsp; 2552093 |
| &nbsp;&nbsp;&nbsp; Globe Life, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31927 | &nbsp;&nbsp;&nbsp;&nbsp; 4476804 |
| &nbsp;&nbsp;&nbsp; Hanover Insurance Group, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 14098 | &nbsp;&nbsp;&nbsp;&nbsp; 2455026 |
| &nbsp;&nbsp;&nbsp; Kinsale Capital Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9043 | &nbsp;&nbsp;&nbsp;&nbsp; 3579943 |
| &nbsp;&nbsp;&nbsp; Lincoln National Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 69534 | &nbsp;&nbsp;&nbsp;&nbsp; 2893310 |
| &nbsp;&nbsp;&nbsp; Old Republic International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 94031 | &nbsp;&nbsp;&nbsp;&nbsp; 3683194 |
| &nbsp;&nbsp;&nbsp; Primerica, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 13539 | &nbsp;&nbsp;&nbsp;&nbsp; 3561299 |
| &nbsp;&nbsp;&nbsp; Reinsurance Group of America, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26947 | &nbsp;&nbsp;&nbsp;&nbsp; 5463504 |
| &nbsp;&nbsp;&nbsp; RenaissanceRe Holdings Ltd. (Bermuda) | &nbsp;&nbsp;&nbsp;&nbsp; 17812 | &nbsp;&nbsp;&nbsp;&nbsp; 5017640 |
| &nbsp;&nbsp;&nbsp; RLI Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 34237 | &nbsp;&nbsp;&nbsp;&nbsp; 2000468 |
| &nbsp;&nbsp;&nbsp; Ryan Specialty Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 42937 | &nbsp;&nbsp;&nbsp;&nbsp; 2072998 |
| &nbsp;&nbsp;&nbsp; Selective Insurance Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 24785 | &nbsp;&nbsp;&nbsp;&nbsp; 2083923 |
| &nbsp;&nbsp;&nbsp; Unum Group | &nbsp;&nbsp;&nbsp;&nbsp; 65532 | &nbsp;&nbsp;&nbsp;&nbsp; 4978466 |
| &nbsp;&nbsp;&nbsp; White Mountains Insurance Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 996 | &nbsp;&nbsp;&nbsp;&nbsp; 2036750 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 69143069 |
| **Interactive Media & Services — 0.9%** | **Interactive Media & Services — 0.9%** | **Interactive Media & Services — 0.9%** |
| &nbsp;&nbsp;&nbsp; Match Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 100735 | &nbsp;&nbsp;&nbsp;&nbsp; 3137895 |
| &nbsp;&nbsp;&nbsp; Reddit, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 51652 | &nbsp;&nbsp;&nbsp;&nbsp; 9311306 |
| &nbsp;&nbsp;&nbsp; Snap, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 432493 | &nbsp;&nbsp;&nbsp;&nbsp; 2997176 |
| &nbsp;&nbsp;&nbsp; Trump Media & Technology Group Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48561 | &nbsp;&nbsp;&nbsp;&nbsp; 620610 |
| &nbsp;&nbsp;&nbsp; ZoomInfo Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 100950 | &nbsp;&nbsp;&nbsp;&nbsp; 812648 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16879635 |
| **IT Services — 0.8%** | **IT Services — 0.8%** | **IT Services — 0.8%** |
| &nbsp;&nbsp;&nbsp; Akamai Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 57059 | &nbsp;&nbsp;&nbsp;&nbsp; 5543282 |
| &nbsp;&nbsp;&nbsp; Applied Digital Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 101273 | &nbsp;&nbsp;&nbsp;&nbsp; 3431129 |
| &nbsp;&nbsp;&nbsp; EPAM Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22619 | &nbsp;&nbsp;&nbsp;&nbsp; 4718324 |
| &nbsp;&nbsp;&nbsp; Kyndryl Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 94556 | &nbsp;&nbsp;&nbsp;&nbsp; 2174788 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 15867523 |
| **Leisure Products — 0.6%** | **Leisure Products — 0.6%** | **Leisure Products — 0.6%** |
| &nbsp;&nbsp;&nbsp; Acushnet Holdings Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 11459 | &nbsp;&nbsp;&nbsp;&nbsp; 1110836 |
| &nbsp;&nbsp;&nbsp; Brunswick Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 25574 | &nbsp;&nbsp;&nbsp;&nbsp; 2051546 |
| &nbsp;&nbsp;&nbsp; Hasbro, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 53644 | &nbsp;&nbsp;&nbsp;&nbsp; 4790946 |
| &nbsp;&nbsp;&nbsp; Mattel, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 131842 | &nbsp;&nbsp;&nbsp;&nbsp; 2754179 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10707507 |
| **Life Sciences Tools & Services — 1.7%** | **Life Sciences Tools & Services — 1.7%** | **Life Sciences Tools & Services — 1.7%** |
| &nbsp;&nbsp;&nbsp; Avantor, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 276457 | &nbsp;&nbsp;&nbsp;&nbsp; 3018910 |
| &nbsp;&nbsp;&nbsp; Bio-Rad Laboratories, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 7997 | &nbsp;&nbsp;&nbsp;&nbsp; 2348719 |
| &nbsp;&nbsp;&nbsp; Bio-Techne Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 64622 | &nbsp;&nbsp;&nbsp;&nbsp; 4141624 |
| &nbsp;&nbsp;&nbsp; Bruker Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 42238 | &nbsp;&nbsp;&nbsp;&nbsp; 1870721 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18495 | &nbsp;&nbsp;&nbsp;&nbsp; 3892828 |
| &nbsp;&nbsp;&nbsp; Medpace Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 9366 | &nbsp;&nbsp;&nbsp;&nbsp; 5455508 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Life Sciences Tools & Services — continued** | **Life Sciences Tools & Services — continued** | **Life Sciences Tools & Services — continued** |
| &nbsp;&nbsp;&nbsp; Repligen Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21656 | &nbsp;&nbsp;&nbsp;&nbsp; 3234757 |
| &nbsp;&nbsp;&nbsp; Revvity, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49175 | &nbsp;&nbsp;&nbsp;&nbsp; 5350240 |
| &nbsp;&nbsp;&nbsp; Sotera Health Co. \* | &nbsp;&nbsp;&nbsp;&nbsp; 62338 | &nbsp;&nbsp;&nbsp;&nbsp; 1129564 |
| &nbsp;&nbsp;&nbsp; Tempus AI, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 34488 | &nbsp;&nbsp;&nbsp;&nbsp; 2063072 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 32505943 |
| **Machinery — 5.6%** | **Machinery — 5.6%** | **Machinery — 5.6%** |
| &nbsp;&nbsp;&nbsp; AGCO Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24351 | &nbsp;&nbsp;&nbsp;&nbsp; 2761647 |
| &nbsp;&nbsp;&nbsp; Alliance Laundry Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19102 | &nbsp;&nbsp;&nbsp;&nbsp; 421772 |
| &nbsp;&nbsp;&nbsp; Allison Transmission Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 34829 | &nbsp;&nbsp;&nbsp;&nbsp; 3785912 |
| &nbsp;&nbsp;&nbsp; Chart Industries, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18380 | &nbsp;&nbsp;&nbsp;&nbsp; 3810909 |
| &nbsp;&nbsp;&nbsp; CNH Industrial NV | &nbsp;&nbsp;&nbsp;&nbsp; 360130 | &nbsp;&nbsp;&nbsp;&nbsp; 3874999 |
| &nbsp;&nbsp;&nbsp; Crane Co. | &nbsp;&nbsp;&nbsp;&nbsp; 20150 | &nbsp;&nbsp;&nbsp;&nbsp; 3680196 |
| &nbsp;&nbsp;&nbsp; Donaldson Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 49269 | &nbsp;&nbsp;&nbsp;&nbsp; 5022482 |
| &nbsp;&nbsp;&nbsp; Esab Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 23162 | &nbsp;&nbsp;&nbsp;&nbsp; 2804918 |
| &nbsp;&nbsp;&nbsp; Federal Signal Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24889 | &nbsp;&nbsp;&nbsp;&nbsp; 2690252 |
| &nbsp;&nbsp;&nbsp; Flowserve Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 53620 | &nbsp;&nbsp;&nbsp;&nbsp; 4190403 |
| &nbsp;&nbsp;&nbsp; Franklin Electric Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 16222 | &nbsp;&nbsp;&nbsp;&nbsp; 1616036 |
| &nbsp;&nbsp;&nbsp; Gates Industrial Corp. plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 99963 | &nbsp;&nbsp;&nbsp;&nbsp; 2301148 |
| &nbsp;&nbsp;&nbsp; Graco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 68906 | &nbsp;&nbsp;&nbsp;&nbsp; 6017561 |
| &nbsp;&nbsp;&nbsp; IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 29366 | &nbsp;&nbsp;&nbsp;&nbsp; 5830619 |
| &nbsp;&nbsp;&nbsp; ITT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 35411 | &nbsp;&nbsp;&nbsp;&nbsp; 6455425 |
| &nbsp;&nbsp;&nbsp; JBT Marel Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 21100 | &nbsp;&nbsp;&nbsp;&nbsp; 3319241 |
| &nbsp;&nbsp;&nbsp; Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22892 | &nbsp;&nbsp;&nbsp;&nbsp; 6074392 |
| &nbsp;&nbsp;&nbsp; Middleby Corp. (The) \* | &nbsp;&nbsp;&nbsp;&nbsp; 20588 | &nbsp;&nbsp;&nbsp;&nbsp; 3029936 |
| &nbsp;&nbsp;&nbsp; Mueller Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 45216 | &nbsp;&nbsp;&nbsp;&nbsp; 6155706 |
| &nbsp;&nbsp;&nbsp; Nordson Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 21270 | &nbsp;&nbsp;&nbsp;&nbsp; 5839253 |
| &nbsp;&nbsp;&nbsp; Oshkosh Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24544 | &nbsp;&nbsp;&nbsp;&nbsp; 3529918 |
| &nbsp;&nbsp;&nbsp; RBC Bearings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12651 | &nbsp;&nbsp;&nbsp;&nbsp; 6321325 |
| &nbsp;&nbsp;&nbsp; SPX Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20144 | &nbsp;&nbsp;&nbsp;&nbsp; 4198211 |
| &nbsp;&nbsp;&nbsp; Stanley Black & Decker, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 62518 | &nbsp;&nbsp;&nbsp;&nbsp; 4917666 |
| &nbsp;&nbsp;&nbsp; Symbotic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20596 | &nbsp;&nbsp;&nbsp;&nbsp; 1119805 |
| &nbsp;&nbsp;&nbsp; Timken Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 26177 | &nbsp;&nbsp;&nbsp;&nbsp; 2439435 |
| &nbsp;&nbsp;&nbsp; Toro Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 40819 | &nbsp;&nbsp;&nbsp;&nbsp; 3734939 |
| &nbsp;&nbsp;&nbsp; Watts Water Technologies, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 11163 | &nbsp;&nbsp;&nbsp;&nbsp; 3341198 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 109285304 |
| **Marine Transportation — 0.1%** | **Marine Transportation — 0.1%** | **Marine Transportation — 0.1%** |
| &nbsp;&nbsp;&nbsp; Kirby Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22298 | &nbsp;&nbsp;&nbsp;&nbsp; 2623583 |
| **Media — 1.1%** | **Media — 1.1%** | **Media — 1.1%** |
| &nbsp;&nbsp;&nbsp; EchoStar Corp., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 54685 | &nbsp;&nbsp;&nbsp;&nbsp; 6191436 |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 6943 | &nbsp;&nbsp;&nbsp;&nbsp; 333403 |
| &nbsp;&nbsp;&nbsp; Liberty Broadband Corp., Class C \* | &nbsp;&nbsp;&nbsp;&nbsp; 42902 | &nbsp;&nbsp;&nbsp;&nbsp; 2064015 |
| &nbsp;&nbsp;&nbsp; New York Times Co. (The), Class A | &nbsp;&nbsp;&nbsp;&nbsp; 63745 | &nbsp;&nbsp;&nbsp;&nbsp; 4673146 |
| &nbsp;&nbsp;&nbsp; Nexstar Media Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 11202 | &nbsp;&nbsp;&nbsp;&nbsp; 2379081 |
| &nbsp;&nbsp;&nbsp; Paramount Skydance Corp., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 361531 | &nbsp;&nbsp;&nbsp;&nbsp; 4052762 |
| &nbsp;&nbsp;&nbsp; Sirius XM Holdings, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 77766 | &nbsp;&nbsp;&nbsp;&nbsp; 1582538 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 21276381 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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 — 2.2%** | **Metals & Mining — 2.2%** | **Metals & Mining — 2.2%** |
| &nbsp;&nbsp;&nbsp; Alcoa Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 106679 | &nbsp;&nbsp;&nbsp;&nbsp; 6060434 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 224095 | &nbsp;&nbsp;&nbsp;&nbsp; 3083547 |
| &nbsp;&nbsp;&nbsp; Coeur Mining, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 256925 | &nbsp;&nbsp;&nbsp;&nbsp; 5251547 |
| &nbsp;&nbsp;&nbsp; Commercial Metals Co. | &nbsp;&nbsp;&nbsp;&nbsp; 43322 | &nbsp;&nbsp;&nbsp;&nbsp; 3330162 |
| &nbsp;&nbsp;&nbsp; Hecla Mining Co. | &nbsp;&nbsp;&nbsp;&nbsp; 248973 | &nbsp;&nbsp;&nbsp;&nbsp; 5606872 |
| &nbsp;&nbsp;&nbsp; MP Materials Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 51110 | &nbsp;&nbsp;&nbsp;&nbsp; 3003735 |
| &nbsp;&nbsp;&nbsp; Reliance, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21485 | &nbsp;&nbsp;&nbsp;&nbsp; 7079307 |
| &nbsp;&nbsp;&nbsp; Royal Gold, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 32944 | &nbsp;&nbsp;&nbsp;&nbsp; 8674485 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 42090089 |
| **Mortgage Real Estate Investment Trusts (REITs) — 0.5%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.5%** | **Mortgage Real Estate Investment Trusts (REITs) — 0.5%** |
| &nbsp;&nbsp;&nbsp; AGNC Investment Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 424106 | &nbsp;&nbsp;&nbsp;&nbsp; 4834808 |
| &nbsp;&nbsp;&nbsp; Rithm Capital Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 216961 | &nbsp;&nbsp;&nbsp;&nbsp; 2373553 |
| &nbsp;&nbsp;&nbsp; Starwood Property Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 141162 | &nbsp;&nbsp;&nbsp;&nbsp; 2531035 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9739396 |
| **Multi-Utilities — 0.2%** | **Multi-Utilities — 0.2%** | **Multi-Utilities — 0.2%** |
| &nbsp;&nbsp;&nbsp; Black Hills Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 29473 | &nbsp;&nbsp;&nbsp;&nbsp; 2150940 |
| &nbsp;&nbsp;&nbsp; Northwestern Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23514 | &nbsp;&nbsp;&nbsp;&nbsp; 1595660 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3746600 |
| **Office REITs — 0.5%** | **Office REITs — 0.5%** | **Office REITs — 0.5%** |
| &nbsp;&nbsp;&nbsp; BXP, Inc. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 59053 | &nbsp;&nbsp;&nbsp;&nbsp; 3818958 |
| &nbsp;&nbsp;&nbsp; Cousins Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 64031 | &nbsp;&nbsp;&nbsp;&nbsp; 1616142 |
| &nbsp;&nbsp;&nbsp; Kilroy Realty Corp. (a) | &nbsp;&nbsp;&nbsp;&nbsp; 43986 | &nbsp;&nbsp;&nbsp;&nbsp; 1516637 |
| &nbsp;&nbsp;&nbsp; Vornado Realty Trust (a) | &nbsp;&nbsp;&nbsp;&nbsp; 66510 | &nbsp;&nbsp;&nbsp;&nbsp; 2120339 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 9072076 |
| **Oil, Gas & Consumable Fuels — 2.4%** | **Oil, Gas & Consumable Fuels — 2.4%** | **Oil, Gas & Consumable Fuels — 2.4%** |
| &nbsp;&nbsp;&nbsp; Antero Midstream Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 129143 | &nbsp;&nbsp;&nbsp;&nbsp; 2430471 |
| &nbsp;&nbsp;&nbsp; Antero Resources Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 108080 | &nbsp;&nbsp;&nbsp;&nbsp; 3930869 |
| &nbsp;&nbsp;&nbsp; APA Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 147067 | &nbsp;&nbsp;&nbsp;&nbsp; 3884039 |
| &nbsp;&nbsp;&nbsp; California Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 26164 | &nbsp;&nbsp;&nbsp;&nbsp; 1399774 |
| &nbsp;&nbsp;&nbsp; Centrus Energy Corp., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 6610 | &nbsp;&nbsp;&nbsp;&nbsp; 1839431 |
| &nbsp;&nbsp;&nbsp; Chord Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 24508 | &nbsp;&nbsp;&nbsp;&nbsp; 2456682 |
| &nbsp;&nbsp;&nbsp; Comstock Resources, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 28696 | &nbsp;&nbsp;&nbsp;&nbsp; 698748 |
| &nbsp;&nbsp;&nbsp; DT Midstream, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 40086 | &nbsp;&nbsp;&nbsp;&nbsp; 5051638 |
| &nbsp;&nbsp;&nbsp; HF Sinclair Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 62458 | &nbsp;&nbsp;&nbsp;&nbsp; 3247191 |
| &nbsp;&nbsp;&nbsp; Magnolia Oil & Gas Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 71968 | &nbsp;&nbsp;&nbsp;&nbsp; 1835904 |
| &nbsp;&nbsp;&nbsp; Matador Resources Co. | &nbsp;&nbsp;&nbsp;&nbsp; 45549 | &nbsp;&nbsp;&nbsp;&nbsp; 2060637 |
| &nbsp;&nbsp;&nbsp; Murphy Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 54355 | &nbsp;&nbsp;&nbsp;&nbsp; 1635542 |
| &nbsp;&nbsp;&nbsp; Ovintiv, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 105966 | &nbsp;&nbsp;&nbsp;&nbsp; 4606342 |
| &nbsp;&nbsp;&nbsp; Permian Resources Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 260062 | &nbsp;&nbsp;&nbsp;&nbsp; 4194800 |
| &nbsp;&nbsp;&nbsp; Range Resources Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 98055 | &nbsp;&nbsp;&nbsp;&nbsp; 3711382 |
| &nbsp;&nbsp;&nbsp; Viper Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 68430 | &nbsp;&nbsp;&nbsp;&nbsp; 2897326 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 45880776 |
| **Paper & Forest Products — 0.1%** | **Paper & Forest Products — 0.1%** | **Paper & Forest Products — 0.1%** |
| &nbsp;&nbsp;&nbsp; Louisiana-Pacific Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 26057 | &nbsp;&nbsp;&nbsp;&nbsp; 2182013 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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 — 0.4%** | **Passenger Airlines — 0.4%** | **Passenger Airlines — 0.4%** |
| &nbsp;&nbsp;&nbsp; Alaska Air Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 44864 | &nbsp;&nbsp;&nbsp;&nbsp; 2280437 |
| &nbsp;&nbsp;&nbsp; American Airlines Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 264436 | &nbsp;&nbsp;&nbsp;&nbsp; 3516999 |
| &nbsp;&nbsp;&nbsp; Joby Aviation, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 228212 | &nbsp;&nbsp;&nbsp;&nbsp; 2412201 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 8209637 |
| **Personal Care Products — 0.2%** | **Personal Care Products — 0.2%** | **Personal Care Products — 0.2%** |
| &nbsp;&nbsp;&nbsp; BellRing Brands, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 52158 | &nbsp;&nbsp;&nbsp;&nbsp; 1297170 |
| &nbsp;&nbsp;&nbsp; elf Beauty, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20580 | &nbsp;&nbsp;&nbsp;&nbsp; 1749094 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3046264 |
| **Pharmaceuticals — 1.0%** | **Pharmaceuticals — 1.0%** | **Pharmaceuticals — 1.0%** |
| &nbsp;&nbsp;&nbsp; Axsome Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 16040 | &nbsp;&nbsp;&nbsp;&nbsp; 2955370 |
| &nbsp;&nbsp;&nbsp; Corcept Therapeutics, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 39554 | &nbsp;&nbsp;&nbsp;&nbsp; 1577018 |
| &nbsp;&nbsp;&nbsp; Elanco Animal Health, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 194166 | &nbsp;&nbsp;&nbsp;&nbsp; 4675517 |
| &nbsp;&nbsp;&nbsp; Jazz Pharmaceuticals plc \* | &nbsp;&nbsp;&nbsp;&nbsp; 24327 | &nbsp;&nbsp;&nbsp;&nbsp; 4001548 |
| &nbsp;&nbsp;&nbsp; Viatris, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 490353 | &nbsp;&nbsp;&nbsp;&nbsp; 6418721 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19628174 |
| **Professional Services — 2.0%** | **Professional Services — 2.0%** | **Professional Services — 2.0%** |
| &nbsp;&nbsp;&nbsp; Amentum Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53905 | &nbsp;&nbsp;&nbsp;&nbsp; 1928721 |
| &nbsp;&nbsp;&nbsp; Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 49910 | &nbsp;&nbsp;&nbsp;&nbsp; 4413042 |
| &nbsp;&nbsp;&nbsp; CACI International, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 8973 | &nbsp;&nbsp;&nbsp;&nbsp; 5568464 |
| &nbsp;&nbsp;&nbsp; Dayforce, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 63709 | &nbsp;&nbsp;&nbsp;&nbsp; 4413122 |
| &nbsp;&nbsp;&nbsp; ExlService Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 66256 | &nbsp;&nbsp;&nbsp;&nbsp; 2593922 |
| &nbsp;&nbsp;&nbsp; Exponent, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20652 | &nbsp;&nbsp;&nbsp;&nbsp; 1484259 |
| &nbsp;&nbsp;&nbsp; FTI Consulting, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13195 | &nbsp;&nbsp;&nbsp;&nbsp; 2304771 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 61047 | &nbsp;&nbsp;&nbsp;&nbsp; 2692173 |
| &nbsp;&nbsp;&nbsp; KBR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 53984 | &nbsp;&nbsp;&nbsp;&nbsp; 2311055 |
| &nbsp;&nbsp;&nbsp; Maximus, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 22888 | &nbsp;&nbsp;&nbsp;&nbsp; 2161543 |
| &nbsp;&nbsp;&nbsp; Parsons Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21879 | &nbsp;&nbsp;&nbsp;&nbsp; 1532843 |
| &nbsp;&nbsp;&nbsp; Paycom Software, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20644 | &nbsp;&nbsp;&nbsp;&nbsp; 2781779 |
| &nbsp;&nbsp;&nbsp; Paylocity Holding Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18109 | &nbsp;&nbsp;&nbsp;&nbsp; 2444353 |
| &nbsp;&nbsp;&nbsp; Science Applications International Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 19245 | &nbsp;&nbsp;&nbsp;&nbsp; 1958371 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 38588418 |
| **Real Estate Management & Development — 0.4%** | **Real Estate Management & Development — 0.4%** | **Real Estate Management & Development — 0.4%** |
| &nbsp;&nbsp;&nbsp; Howard Hughes Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 12756 | &nbsp;&nbsp;&nbsp;&nbsp; 1041655 |
| &nbsp;&nbsp;&nbsp; Jones Lang LaSalle, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 19376 | &nbsp;&nbsp;&nbsp;&nbsp; 6934864 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 7976519 |
| **Residential REITs — 1.0%** | **Residential REITs — 1.0%** | **Residential REITs — 1.0%** |
| &nbsp;&nbsp;&nbsp; American Homes 4 Rent, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 125634 | &nbsp;&nbsp;&nbsp;&nbsp; 3934857 |
| &nbsp;&nbsp;&nbsp; Camden Property Trust | &nbsp;&nbsp;&nbsp;&nbsp; 44340 | &nbsp;&nbsp;&nbsp;&nbsp; 4835277 |
| &nbsp;&nbsp;&nbsp; Equity LifeStyle Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 78205 | &nbsp;&nbsp;&nbsp;&nbsp; 4940210 |
| &nbsp;&nbsp;&nbsp; Independence Realty Trust, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 90777 | &nbsp;&nbsp;&nbsp;&nbsp; 1515976 |
| &nbsp;&nbsp;&nbsp; UDR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 122483 | &nbsp;&nbsp;&nbsp;&nbsp; 4550243 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 19776563 |
| **Retail REITs — 1.1%** | **Retail REITs — 1.1%** | **Retail REITs — 1.1%** |
| &nbsp;&nbsp;&nbsp; Agree Realty Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 44265 | &nbsp;&nbsp;&nbsp;&nbsp; 3197261 |
| &nbsp;&nbsp;&nbsp; Brixmor Property Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 124970 | &nbsp;&nbsp;&nbsp;&nbsp; 3347946 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Retail REITs — continued** | **Retail REITs — continued** | **Retail REITs — continued** |
| &nbsp;&nbsp;&nbsp; Federal Realty Investment Trust | &nbsp;&nbsp;&nbsp;&nbsp; 35108 | &nbsp;&nbsp;&nbsp;&nbsp; 3551525 |
| &nbsp;&nbsp;&nbsp; Kite Realty Group Trust | &nbsp;&nbsp;&nbsp;&nbsp; 89689 | &nbsp;&nbsp;&nbsp;&nbsp; 2106795 |
| &nbsp;&nbsp;&nbsp; NNN REIT, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 76858 | &nbsp;&nbsp;&nbsp;&nbsp; 3202673 |
| &nbsp;&nbsp;&nbsp; Phillips Edison & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 48790 | &nbsp;&nbsp;&nbsp;&nbsp; 1767662 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 67147 | &nbsp;&nbsp;&nbsp;&nbsp; 4893002 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 22066864 |
| **Semiconductors & Semiconductor Equipment — 2.8%** | **Semiconductors & Semiconductor Equipment — 2.8%** | **Semiconductors & Semiconductor Equipment — 2.8%** |
| &nbsp;&nbsp;&nbsp; Allegro MicroSystems, Inc. (Japan) \* | &nbsp;&nbsp;&nbsp;&nbsp; 50396 | &nbsp;&nbsp;&nbsp;&nbsp; 1860116 |
| &nbsp;&nbsp;&nbsp; Amkor Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 46492 | &nbsp;&nbsp;&nbsp;&nbsp; 2246958 |
| &nbsp;&nbsp;&nbsp; Cirrus Logic, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21727 | &nbsp;&nbsp;&nbsp;&nbsp; 2831897 |
| &nbsp;&nbsp;&nbsp; Enphase Energy, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 53677 | &nbsp;&nbsp;&nbsp;&nbsp; 1984975 |
| &nbsp;&nbsp;&nbsp; Lattice Semiconductor Corp. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 56206 | &nbsp;&nbsp;&nbsp;&nbsp; 4525707 |
| &nbsp;&nbsp;&nbsp; MACOM Technology Solutions Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 25854 | &nbsp;&nbsp;&nbsp;&nbsp; 5663577 |
| &nbsp;&nbsp;&nbsp; MKS, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 21527 | &nbsp;&nbsp;&nbsp;&nbsp; 5067671 |
| &nbsp;&nbsp;&nbsp; Onto Innovation, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20070 | &nbsp;&nbsp;&nbsp;&nbsp; 4055144 |
| &nbsp;&nbsp;&nbsp; Qnity Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 85463 | &nbsp;&nbsp;&nbsp;&nbsp; 8219831 |
| &nbsp;&nbsp;&nbsp; Qorvo, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 34724 | &nbsp;&nbsp;&nbsp;&nbsp; 2712292 |
| &nbsp;&nbsp;&nbsp; Rambus, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 43892 | &nbsp;&nbsp;&nbsp;&nbsp; 4996226 |
| &nbsp;&nbsp;&nbsp; Rigetti Computing, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 119091 | &nbsp;&nbsp;&nbsp;&nbsp; 2163884 |
| &nbsp;&nbsp;&nbsp; Silicon Laboratories, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 13217 | &nbsp;&nbsp;&nbsp;&nbsp; 1882762 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 60772 | &nbsp;&nbsp;&nbsp;&nbsp; 3388647 |
| &nbsp;&nbsp;&nbsp; Universal Display Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 19303 | &nbsp;&nbsp;&nbsp;&nbsp; 2216371 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 53816058 |
| **Software — 3.4%** | **Software — 3.4%** | **Software — 3.4%** |
| &nbsp;&nbsp;&nbsp; Aurora Innovation, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 480755 | &nbsp;&nbsp;&nbsp;&nbsp; 2019167 |
| &nbsp;&nbsp;&nbsp; Bill Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 34158 | &nbsp;&nbsp;&nbsp;&nbsp; 1474601 |
| &nbsp;&nbsp;&nbsp; BitMine Immersion Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 115793 | &nbsp;&nbsp;&nbsp;&nbsp; 2906404 |
| &nbsp;&nbsp;&nbsp; BlackLine, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20507 | &nbsp;&nbsp;&nbsp;&nbsp; 952960 |
| &nbsp;&nbsp;&nbsp; Box, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 58528 | &nbsp;&nbsp;&nbsp;&nbsp; 1483685 |
| &nbsp;&nbsp;&nbsp; CCC Intelligent Solutions Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 208091 | &nbsp;&nbsp;&nbsp;&nbsp; 1577330 |
| &nbsp;&nbsp;&nbsp; Commvault Systems, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 17864 | &nbsp;&nbsp;&nbsp;&nbsp; 1530945 |
| &nbsp;&nbsp;&nbsp; Confluent, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 115428 | &nbsp;&nbsp;&nbsp;&nbsp; 3525171 |
| &nbsp;&nbsp;&nbsp; Dolby Laboratories, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 24929 | &nbsp;&nbsp;&nbsp;&nbsp; 1600192 |
| &nbsp;&nbsp;&nbsp; Dropbox, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 68329 | &nbsp;&nbsp;&nbsp;&nbsp; 1741023 |
| &nbsp;&nbsp;&nbsp; D-Wave Quantum, Inc. (Canada) \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 135572 | &nbsp;&nbsp;&nbsp;&nbsp; 2876838 |
| &nbsp;&nbsp;&nbsp; Elastic NV \* | &nbsp;&nbsp;&nbsp;&nbsp; 35902 | &nbsp;&nbsp;&nbsp;&nbsp; 2367019 |
| &nbsp;&nbsp;&nbsp; Gitlab, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 53653 | &nbsp;&nbsp;&nbsp;&nbsp; 1876782 |
| &nbsp;&nbsp;&nbsp; Guidewire Software, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 34046 | &nbsp;&nbsp;&nbsp;&nbsp; 4792315 |
| &nbsp;&nbsp;&nbsp; Hut 8 Corp. (Canada) \* | &nbsp;&nbsp;&nbsp;&nbsp; 38187 | &nbsp;&nbsp;&nbsp;&nbsp; 2131980 |
| &nbsp;&nbsp;&nbsp; InterDigital, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 9773 | &nbsp;&nbsp;&nbsp;&nbsp; 3190298 |
| &nbsp;&nbsp;&nbsp; Manhattan Associates, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 24761 | &nbsp;&nbsp;&nbsp;&nbsp; 3739159 |
| &nbsp;&nbsp;&nbsp; Nutanix, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 104529 | &nbsp;&nbsp;&nbsp;&nbsp; 4111126 |
| &nbsp;&nbsp;&nbsp; Pegasystems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 37416 | &nbsp;&nbsp;&nbsp;&nbsp; 1634705 |
| &nbsp;&nbsp;&nbsp; Procore Technologies, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 48194 | &nbsp;&nbsp;&nbsp;&nbsp; 2722479 |
| &nbsp;&nbsp;&nbsp; Qualys, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 14331 | &nbsp;&nbsp;&nbsp;&nbsp; 1890259 |
| &nbsp;&nbsp;&nbsp; Rubrik, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 55292 | &nbsp;&nbsp;&nbsp;&nbsp; 3093587 |
| &nbsp;&nbsp;&nbsp; SailPoint, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 24603 | &nbsp;&nbsp;&nbsp;&nbsp; 386021 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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; Samsara, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 124582 | &nbsp;&nbsp;&nbsp;&nbsp; 3494525 |
| &nbsp;&nbsp;&nbsp; SentinelOne, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 127913 | &nbsp;&nbsp;&nbsp;&nbsp; 1788224 |
| &nbsp;&nbsp;&nbsp; ServiceTitan, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 4591 | &nbsp;&nbsp;&nbsp;&nbsp; 359659 |
| &nbsp;&nbsp;&nbsp; UiPath, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 174921 | &nbsp;&nbsp;&nbsp;&nbsp; 2202255 |
| &nbsp;&nbsp;&nbsp; Unity Software, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 131236 | &nbsp;&nbsp;&nbsp;&nbsp; 3818968 |
| &nbsp;&nbsp;&nbsp; Workiva, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 21211 | &nbsp;&nbsp;&nbsp;&nbsp; 1633671 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 66921348 |
| **Specialized REITs — 0.8%** | **Specialized REITs — 0.8%** | **Specialized REITs — 0.8%** |
| &nbsp;&nbsp;&nbsp; CubeSmart | &nbsp;&nbsp;&nbsp;&nbsp; 93273 | &nbsp;&nbsp;&nbsp;&nbsp; 3500536 |
| &nbsp;&nbsp;&nbsp; EPR Properties | &nbsp;&nbsp;&nbsp;&nbsp; 30761 | &nbsp;&nbsp;&nbsp;&nbsp; 1668477 |
| &nbsp;&nbsp;&nbsp; Gaming and Leisure Properties, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 107854 | &nbsp;&nbsp;&nbsp;&nbsp; 4826466 |
| &nbsp;&nbsp;&nbsp; Lamar Advertising Co., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 35579 | &nbsp;&nbsp;&nbsp;&nbsp; 4565141 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14560620 |
| **Specialty Retail — 2.9%** | **Specialty Retail — 2.9%** | **Specialty Retail — 2.9%** |
| &nbsp;&nbsp;&nbsp; Asbury Automotive Group, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7398 | &nbsp;&nbsp;&nbsp;&nbsp; 1734905 |
| &nbsp;&nbsp;&nbsp; AutoNation, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 10653 | &nbsp;&nbsp;&nbsp;&nbsp; 2183652 |
| &nbsp;&nbsp;&nbsp; Bath & Body Works, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 83792 | &nbsp;&nbsp;&nbsp;&nbsp; 1826666 |
| &nbsp;&nbsp;&nbsp; CarMax, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 62224 | &nbsp;&nbsp;&nbsp;&nbsp; 2771457 |
| &nbsp;&nbsp;&nbsp; Chewy, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 89809 | &nbsp;&nbsp;&nbsp;&nbsp; 2614340 |
| &nbsp;&nbsp;&nbsp; Dick's Sporting Goods, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26665 | &nbsp;&nbsp;&nbsp;&nbsp; 5386330 |
| &nbsp;&nbsp;&nbsp; Five Below, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 22055 | &nbsp;&nbsp;&nbsp;&nbsp; 4226620 |
| &nbsp;&nbsp;&nbsp; Floor & Decor Holdings, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 42924 | &nbsp;&nbsp;&nbsp;&nbsp; 2831267 |
| &nbsp;&nbsp;&nbsp; GameStop Corp., Class A \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 166442 | &nbsp;&nbsp;&nbsp;&nbsp; 3974635 |
| &nbsp;&nbsp;&nbsp; Gap, Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 96627 | &nbsp;&nbsp;&nbsp;&nbsp; 2703624 |
| &nbsp;&nbsp;&nbsp; Group 1 Automotive, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 5194 | &nbsp;&nbsp;&nbsp;&nbsp; 1840026 |
| &nbsp;&nbsp;&nbsp; Lithia Motors, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 9353 | &nbsp;&nbsp;&nbsp;&nbsp; 3025134 |
| &nbsp;&nbsp;&nbsp; Murphy USA, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7386 | &nbsp;&nbsp;&nbsp;&nbsp; 3120659 |
| &nbsp;&nbsp;&nbsp; Penske Automotive Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8095 | &nbsp;&nbsp;&nbsp;&nbsp; 1269215 |
| &nbsp;&nbsp;&nbsp; Valvoline, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 51968 | &nbsp;&nbsp;&nbsp;&nbsp; 1700393 |
| &nbsp;&nbsp;&nbsp; Wayfair, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 40513 | &nbsp;&nbsp;&nbsp;&nbsp; 4192690 |
| &nbsp;&nbsp;&nbsp; Williams-Sonoma, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 50264 | &nbsp;&nbsp;&nbsp;&nbsp; 10286528 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 55688141 |
| **Technology Hardware, Storage & Peripherals — 1.7%** | **Technology Hardware, Storage & Peripherals — 1.7%** | **Technology Hardware, Storage & Peripherals — 1.7%** |
| &nbsp;&nbsp;&nbsp; IonQ, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 143215 | &nbsp;&nbsp;&nbsp;&nbsp; 5725735 |
| &nbsp;&nbsp;&nbsp; Sandisk Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 47515 | &nbsp;&nbsp;&nbsp;&nbsp; 27380519 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 33106254 |
| **Textiles, Apparel & Luxury Goods — 1.5%** | **Textiles, Apparel & Luxury Goods — 1.5%** | **Textiles, Apparel & Luxury Goods — 1.5%** |
| &nbsp;&nbsp;&nbsp; Crocs, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 20491 | &nbsp;&nbsp;&nbsp;&nbsp; 1719605 |
| &nbsp;&nbsp;&nbsp; Deckers Outdoor Corp. \* | &nbsp;&nbsp;&nbsp;&nbsp; 61895 | &nbsp;&nbsp;&nbsp;&nbsp; 7386549 |
| &nbsp;&nbsp;&nbsp; PVH Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 19446 | &nbsp;&nbsp;&nbsp;&nbsp; 1212653 |
| &nbsp;&nbsp;&nbsp; Ralph Lauren Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 15705 | &nbsp;&nbsp;&nbsp;&nbsp; 5550304 |
| &nbsp;&nbsp;&nbsp; Tapestry, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 84621 | &nbsp;&nbsp;&nbsp;&nbsp; 10739251 |
| &nbsp;&nbsp;&nbsp; VF Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 134595 | &nbsp;&nbsp;&nbsp;&nbsp; 2636716 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 29245078 |

---

------

**JPMorgan BetaBuilders U.S. Mid 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** |
| **Trading Companies & Distributors — 1.6%** | **Trading Companies & Distributors — 1.6%** | **Trading Companies & Distributors — 1.6%** |
| &nbsp;&nbsp;&nbsp; Air Lease Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 38673 | &nbsp;&nbsp;&nbsp;&nbsp; 2499436 |
| &nbsp;&nbsp;&nbsp; Applied Industrial Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 15795 | &nbsp;&nbsp;&nbsp;&nbsp; 4113176 |
| &nbsp;&nbsp;&nbsp; Core & Main, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 68710 | &nbsp;&nbsp;&nbsp;&nbsp; 3666366 |
| &nbsp;&nbsp;&nbsp; GATX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14331 | &nbsp;&nbsp;&nbsp;&nbsp; 2606952 |
| &nbsp;&nbsp;&nbsp; Herc Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 12642 | &nbsp;&nbsp;&nbsp;&nbsp; 1812104 |
| &nbsp;&nbsp;&nbsp; MSC Industrial Direct Co., Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 16268 | &nbsp;&nbsp;&nbsp;&nbsp; 1372043 |
| &nbsp;&nbsp;&nbsp; QXO, Inc. \* (a) | &nbsp;&nbsp;&nbsp;&nbsp; 240242 | &nbsp;&nbsp;&nbsp;&nbsp; 5328568 |
| &nbsp;&nbsp;&nbsp; Rush Enterprises, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 25630 | &nbsp;&nbsp;&nbsp;&nbsp; 1645190 |
| &nbsp;&nbsp;&nbsp; Rush Enterprises, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 3147 | &nbsp;&nbsp;&nbsp;&nbsp; 185704 |
| &nbsp;&nbsp;&nbsp; SiteOne Landscape Supply, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18207 | &nbsp;&nbsp;&nbsp;&nbsp; 2613433 |
| &nbsp;&nbsp;&nbsp; WESCO International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 19589 | &nbsp;&nbsp;&nbsp;&nbsp; 5669644 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 31512616 |
| **Water Utilities — 0.2%** | **Water Utilities — 0.2%** | **Water Utilities — 0.2%** |
| &nbsp;&nbsp;&nbsp; Essential Utilities, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 102358 | &nbsp;&nbsp;&nbsp;&nbsp; 3970467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $1,629,974,694)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 1912871630 |
| **Short-Term Investments — 6.7%** | **Short-Term Investments — 6.7%** | **Short-Term Investments — 6.7%** |
| **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 $20,288,307)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 20288307 | &nbsp;&nbsp;&nbsp;&nbsp; 20288307 |
| **Investment of Cash Collateral from Securities Loaned — 5.7%** | **Investment of Cash Collateral from Securities Loaned — 5.7%** | **Investment of Cash Collateral from Securities Loaned — 5.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 3.68% (b) (c) <br>(Cost $109,730,233)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 109730233 | &nbsp;&nbsp;&nbsp;&nbsp; 109730233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $130,018,540)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 130018540 |
| **Total Investments — 105.2%** <br>**(Cost $1,759,993,234)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **2042890170** |
| **Liabilities in Excess of Other Assets — (5.2)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(100347062)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **1942543108** |

---

&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 January 31, 2026. The total value of securities on loan at January 31, 2026 is <br> $103,205,033.<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. |

---

------

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

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

**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** |  |  |  |  |  |
| S&P MidCap 400 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; 03/20/2026 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 21039510 | &nbsp;&nbsp;&nbsp;&nbsp; 297635 |

---

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

---

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

---

------

**JPMorgan BetaBuilders U.S. Mid 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.

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.

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Total Investments in Securities** (a) | &nbsp;&nbsp;&nbsp;&nbsp; $2042890170 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $2042890170 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts (a) | &nbsp;&nbsp;&nbsp;&nbsp; $297635 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $297635 |

---

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

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

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

------

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

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended 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 <br> Agency SL Class Shares, <br> 3.68% (a) (b)<br>| $60570482 | $239988247 | $190828496 | $— | $— | $109730233 | 109730233 | $892111 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan U.S. Government <br> Money Market Fund <br> Class IM Shares, 3.64% <br> (a) (b)<br>| 11753162 | 29253236 | 20718091 |  |  | 20288307 | 20288307 | 173013 |  |
| **Total** | $72323644 | $269241483 | $211546587 | $— | $— | $130018540 |  | $1065124 | $— |

---

&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. Mid Cap Equity ETF

- **b. EDGAR series identifier (if any):** S000068165

- **c. LEI of Series:** 549300S2VYDS8QJGW220

**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:** $2052381859.50

**Total Liabilities:** $109838859.07

**Net Assets:** $1942543000.43

**Cash Not Reported:** $38862.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218319 | 2.09%                | 0.13%                | 4.49%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3060139.47              | $35231201.70                               |
| Month 2  | $81568309.74             | $-78063652.94                              |
| Month 3  | $35106070.36             | $43039313.96                               |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Radian Group, Inc.                             | Radian Group, Inc.                                                    | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     57649 | NS      | $1896652.10   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts, Inc.                    | Host Hotels & Resorts, Inc.                                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    286008 | NS      | $5299728.24   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                       | Group 1 Automotive, Inc.                                              | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      5194 | NS      | $1840026.44   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp.                        | Acushnet Holdings Corp.                                               | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |     11459 | NS      | $1110835.46   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp.                             | Agree Realty Corp.                                                    | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44265 | NS      | $3197260.95   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan, Inc.                             | ServiceTitan, Inc., Class A                                           | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4591 | NS      | $359658.94    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs, Inc.                                    | Crocs, Inc.                                                           | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     20491 | NS      | $1719604.72   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Wintrust Financial Corp.                       | Wintrust Financial Corp.                                              | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     25788 | NS      | $3803472.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                             | InterDigital, Inc.                                                    | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9773 | NS      | $3190298.12   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp.                                      | RLI Corp.                                                             | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     34237 | NS      | $2000467.91   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Match Group, Inc.                              | Match Group, Inc.                                                     | CUSIP: 57667L107<br>LEI: 15OMOPB0A8K0EFUVD031 | Long             | EC               | CORP              | US        |    100735 | NS      | $3137895.25   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BitMine Immersion Technologies, Inc.           | BitMine Immersion Technologies, Inc.                                  | CUSIP: 09175A206<br>LEI: 254900TGJJ1D9JNAQT27 | Long             | EC               | CORP              | US        |    115793 | NS      | $2906404.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dolby Laboratories, Inc.                       | Dolby Laboratories, Inc., Class A                                     | CUSIP: 25659T107<br>LEI: 549300X04FB2QPCJ5J24 | Long             | EC               | CORP              | US        |     24929 | NS      | $1600192.51   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp.                                     | Pool Corp.                                                            | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |     15005 | NS      | $3812620.45   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings, Inc.                       | FirstCash Holdings, Inc.                                              | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16335 | NS      | $2785117.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corp.                          | Hancock Whitney Corp.                                                 | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |     33162 | NS      | $2281545.60   | 0.12%             |  |  |  | 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        |  20288307 | NS      | $20288307.21  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                        | Louisiana-Pacific Corp.                                               | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     26057 | NS      | $2182013.18   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals, Inc.                    | Ionis Pharmaceuticals, Inc.                                           | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |     60746 | NS      | $5021871.82   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.                      | United Therapeutics Corp.                                             | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     16235 | NS      | $7622170.15   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                      | CubeSmart                                                             | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93273 | NS      | $3500535.69   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorp NA                               | Zions Bancorp NA                                                      | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |     57817 | NS      | $3463816.47   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion, Inc.                                | Ingredion, Inc.                                                       | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     25235 | NS      | $2980253.50   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| QuantumScape Corp.                             | QuantumScape Corp.                                                    | CUSIP: 74767V109<br>LEI: 529900JQVOM1M73BJE28 | Long             | EC               | CORP              | US        |    187069 | NS      | $1655560.65   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Autoliv, Inc.                                  | Autoliv, Inc.                                                         | CUSIP: 052800109<br>LEI: A23RUXWKASG834LTMK28 | Long             | EC               | CORP              | US        |     27726 | NS      | $3361500.24   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp.                                     | Esab Corp.                                                            | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |     23162 | NS      | $2804918.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp.                               | OGE Energy Corp.                                                      | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |     81961 | NS      | $3580056.48   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| D-Wave Quantum, Inc.                           | D-Wave Quantum, Inc.                                                  | CUSIP: 26740W109<br>LEI: 5493001U37G4PRD4GW95 | Long             | EC               | CORP              | US        |    135572 | NS      | $2876837.84   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Landstar System, Inc.                          | Landstar System, Inc.                                                 | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     14289 | NS      | $2134205.04   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals, Inc.                 | Madrigal Pharmaceuticals, Inc.                                        | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |      7477 | NS      | $3658570.87   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp.                        | Permian Resources Corp., Class A                                      | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    260062 | NS      | $4194800.06   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Music Group Corp.                       | Warner Music Group Corp., Class A                                     | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56338 | NS      | $1689013.24   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp.                                  | Balchem Corp.                                                         | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |     13322 | NS      | $2267004.74   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings, Inc.                         | Kyndryl Holdings, Inc.                                                | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |     94556 | NS      | $2174788.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International, Inc.                     | Baxter International, Inc.                                            | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    209659 | NS      | $4207856.13   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                           | Meritage Homes Corp.                                                  | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     29267 | NS      | $2034349.17   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentex Corp.                                   | Gentex Corp.                                                          | CUSIP: 371901109<br>LEI: 549300S3UD8XV1MN0287 | Long             | EC               | CORP              | US        |     86205 | NS      | $1983577.05   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BioMarin Pharmaceutical, Inc.                  | BioMarin Pharmaceutical, Inc.                                         | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |     77890 | NS      | $4403900.60   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv, Inc.                                  | Ovintiv, Inc.                                                         | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |    105966 | NS      | $4606342.02   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.              | Equity LifeStyle Properties, Inc.                                     | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     78205 | NS      | $4940209.85   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp.                     | New Jersey Resources Corp.                                            | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |     39714 | NS      | $1965048.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hut 8 Corp.                                    | Hut 8 Corp.                                                           | CUSIP: 44812J104<br>LEI: 98450066FEF9C1D3FC20 | Long             | EC               | CORP              | US        |     38187 | NS      | $2131980.21   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos., Inc.                            | Carlisle Cos., Inc.                                                   | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |     17712 | NS      | $6037843.68   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR Properties                                 | EPR Properties                                                        | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |     30761 | NS      | $1668476.64   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co. (The)                               | Timken Co. (The)                                                      | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     26177 | NS      | $2439434.63   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil, Inc.                                    | Jabil, Inc.                                                           | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     40774 | NS      | $9671185.06   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric plc                             | nVent Electric plc                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     65692 | NS      | $7374583.92   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                          | AECOM                                                                 | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     52332 | NS      | $5046374.76   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                    | Lattice Semiconductor Corp.                                           | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     56206 | NS      | $4525707.12   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Trump Media & Technology Group Corp.           | Trump Media & Technology Group Corp.                                  | CUSIP: 25400Q105<br>LEI: 6488S3A83U2SRQ48O215 | Long             | EC               | CORP              | US        |     48561 | NS      | $620609.58    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp, Inc.                          | Glacier Bancorp, Inc.                                                 | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     49975 | NS      | $2532733.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity, Inc.                                 | Doximity, Inc., Class A                                               | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53151 | NS      | $1991567.97   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                           | Curtiss-Wright Corp.                                                  | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     15397 | NS      | $10111055.93  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals plc                       | Jazz Pharmaceuticals plc                                              | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |     24327 | NS      | $4001548.23   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health, Inc.                       | Option Care Health, Inc.                                              | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     66922 | NS      | $2275348.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ's Wholesale Club Holdings, Inc.             | BJ's Wholesale Club Holdings, Inc.                                    | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     47462 | NS      | $4387387.28   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                 | TechnipFMC plc                                                        | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |    156050 | NS      | $8695106.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SpaceMobile, Inc.                          | AST SpaceMobile, Inc.                                                 | CUSIP: 00217D100<br>LEI: 254900MBSC9P2UCI6623 | Long             | EC               | CORP              | US        |     98128 | NS      | $10912814.88  | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Elastic NV                                     | Elastic NV                                                            | CUSIP: N/A<br>LEI: 2549003I48WHHH937I59       | Long             | EC               | CORP              | NL        |     35902 | NS      | $2367018.86   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp.                          | Deckers Outdoor Corp.                                                 | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |     61895 | NS      | $7386549.30   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| J M Smucker Co. (The)                          | J M Smucker Co. (The)                                                 | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     42916 | NS      | $4500171.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group, Inc.                    | Kinsale Capital Group, Inc.                                           | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      9043 | NS      | $3579942.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Floor & Decor Holdings, Inc.                   | Floor & Decor Holdings, Inc., Class A                                 | CUSIP: 339750101<br>LEI: 549300M5FR3N688XGQ36 | Long             | EC               | CORP              | US        |     42924 | NS      | $2831267.04   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings, Inc.                         | Medpace Holdings, Inc.                                                | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      9366 | NS      | $5455507.68   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp.                                 | Repligen Corp.                                                        | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     21656 | NS      | $3234756.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences, Inc.                   | Neurocrine Biosciences, Inc.                                          | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |     40349 | NS      | $5489884.94   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI, Inc.                                      | ATI, Inc.                                                             | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     54905 | NS      | $6605071.50   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                  | Owens Corning                                                         | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |     34929 | NS      | $4185891.36   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                            | S&P MidCap 400 E-Mini Index                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        61 | NC      | $297635.07    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Sports Corp.             | Madison Square Garden Sports Corp.                                    | CUSIP: 55825T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6894 | NS      | $1954793.70   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                       | Bank OZK                                                              | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     41394 | NS      | $1968698.64   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                           | Old National Bancorp                                                  | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    141362 | NS      | $3453473.66   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane, Inc.                            | Hamilton Lane, Inc., Class A                                          | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |     15619 | NS      | $2206027.56   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Saia, Inc.                                     | Saia, Inc.                                                            | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |     10885 | NS      | $3645059.95   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd.                             | Everest Group Ltd.                                                    | CUSIP: N/A<br>LEI: 549300N24XF2VV0B3570       | Long             | EC               | CORP              | BM        |     17416 | NS      | $5769572.48   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide, Inc.                    | CH Robinson Worldwide, Inc.                                           | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     48178 | NS      | $9392301.10   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Comstock Resources, Inc.                       | Comstock Resources, Inc.                                              | CUSIP: 205768302<br>LEI: I03QQGEA4SS774AURI46 | Long             | EC               | CORP              | US        |     28696 | NS      | $698747.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International, Inc. | Charles River Laboratories International, Inc.                        | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |     18495 | NS      | $3892827.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties, Inc.            | Gaming and Leisure Properties, Inc.                                   | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               | CORP              | US        |    107854 | NS      | $4826466.50   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corp.                                   | CorVel Corp.                                                          | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12064 | NS      | $840016.32    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems, Inc.                    | Merit Medical Systems, Inc.                                           | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     24138 | NS      | $1957350.42   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                            | Toll Brothers, Inc.                                                   | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     40696 | NS      | $5880165.04   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Henry & Associates, Inc.                  | Jack Henry & Associates, Inc.                                         | CUSIP: 426281101<br>LEI: 529900X1QS8C54W0JB21 | Long             | EC               | CORP              | US        |     29782 | NS      | $5337232.22   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp.                         | Stifel Financial Corp.                                                | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     41409 | NS      | $5105729.70   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox, Inc.                                  | Dropbox, Inc., Class A                                                | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |     68329 | NS      | $1741022.92   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Live Holdings, Inc.                    | Liberty Live Holdings, Inc., Class C                                  | CUSIP: 530909308<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18998 | NS      | $1568854.84   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings, Inc.                        | Lantheus Holdings, Inc.                                               | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |     27632 | NS      | $1849133.44   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Hotels International, Inc.              | Choice Hotels International, Inc.                                     | CUSIP: 169905106<br>LEI: 5493003CYRY5RFGTIR97 | Long             | EC               | CORP              | US        |     11067 | NS      | $1137687.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Starwood Property Trust, Inc.                  | Starwood Property Trust, Inc.                                         | CUSIP: 85571B105<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | EC               | CORP              | US        |    141162 | NS      | $2531034.66   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Albertsons Cos., Inc.                          | Albertsons Cos., Inc., Class A                                        | CUSIP: 013091103<br>LEI: 549300YKWOC0AOR16R51 | Long             | EC               | CORP              | US        |    154333 | NS      | $2569644.45   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| UGI Corp.                                      | UGI Corp.                                                             | CUSIP: 902681105<br>LEI: DX6GCWD4Q1JO9CRE5I40 | Long             | EC               | CORP              | US        |     87883 | NS      | $3524987.13   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp.                          | Applied Digital Corp.                                                 | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |    101273 | NS      | $3431129.24   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Viper Energy, Inc.                             | Viper Energy, Inc.                                                    | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68430 | NS      | $2897326.20   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Nextpower, Inc.                                | Nextpower, Inc., Class A                                              | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58682 | NS      | $6871075.38   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                          | Camden Property Trust                                                 | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     44340 | NS      | $4835277.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines, Inc.                     | Revolution Medicines, Inc.                                            | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |     61461 | NS      | $5958643.95   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                          | MGIC Investment Corp.                                                 | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     85520 | NS      | $2302198.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp.                                    | Fluor Corp.                                                           | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     64570 | NS      | $2982488.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp.                             | Hormel Foods Corp.                                                    | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |    118488 | NS      | $2915989.68   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                          | American Homes 4 Rent, Class A                                        | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    125634 | NS      | $3934856.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp.                        | Liberty Broadband Corp., Class A                                      | CUSIP: 530307107<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |      6943 | NS      | $333402.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Howard Hughes Holdings, Inc.                   | Howard Hughes Holdings, Inc.                                          | CUSIP: 44267T102<br>LEI: 254900TY494BHXIU6M60 | Long             | EC               | CORP              | US        |     12756 | NS      | $1041654.96   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings, Inc.                        | Lumentum Holdings, Inc.                                               | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |     28217 | NS      | $11056549.28  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Confluent, Inc.                                | Confluent, Inc., Class A                                              | CUSIP: 20717M103<br>LEI: 254900MRZ83YWUV7SN74 | Long             | EC               | CORP              | US        |    115428 | NS      | $3525171.12   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Software, Inc.                           | Unity Software, Inc.                                                  | CUSIP: 91332U101<br>LEI: 549300D1ESJMGNQNG432 | Long             | EC               | CORP              | US        |    131236 | NS      | $3818967.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp.                               | Bio-Techne Corp.                                                      | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     64622 | NS      | $4141623.98   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial, Inc.                           | Ally Financial, Inc.                                                  | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |    112737 | NS      | $4766520.36   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutions, Inc.         | Bright Horizons Family Solutions, Inc.                                | CUSIP: 109194100<br>LEI: 2549009BKSVTM7UEYT38 | Long             | EC               | CORP              | US        |     22593 | NS      | $2092789.59   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties, Inc.                     | EastGroup Properties, Inc.                                            | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     21408 | NS      | $3888549.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex, Inc.                                 | Teleflex, Inc.                                                        | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     18958 | NS      | $1978646.46   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp. (The)                           | Middleby Corp. (The)                                                  | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     20588 | NS      | $3029935.96   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp.                     | Taylor Morrison Home Corp.                                            | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     41012 | NS      | $2499681.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies, Inc.                       | Ormat Technologies, Inc.                                              | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |     23393 | NS      | $2922721.42   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health, Inc.                       | Hims & Hers Health, Inc.                                              | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |     83060 | NS      | $2250095.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Leonardo DRS, Inc.                             | Leonardo DRS, Inc.                                                    | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     30165 | NS      | $1238574.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries, Inc.                       | Mueller Industries, Inc.                                              | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     45216 | NS      | $6155706.24   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies, Inc.                 | Watts Water Technologies, Inc., Class A                               | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |     11163 | NS      | $3341197.53   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                                        | KB Home                                                               | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     26613 | NS      | $1531312.02   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp.                          | Range Resources Corp.                                                 | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     98055 | NS      | $3711381.75   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies, Inc.                         | SPX Technologies, Inc.                                                | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |     20144 | NS      | $4198211.04   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust                | Federal Realty Investment Trust                                       | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |     35108 | NS      | $3551525.28   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd.                          | Assured Guaranty Ltd.                                                 | CUSIP: N/A<br>LEI: 549300BBOQUJEPH87M14       | Long             | EC               | CORP              | BM        |     19532 | NS      | $1657290.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings, Inc.                             | RBC Bearings, Inc.                                                    | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12651 | NS      | $6321325.17   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings, Inc.                         | Amentum Holdings, Inc.                                                | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |     53905 | NS      | $1928720.90   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempus AI, Inc.                                | Tempus AI, Inc.                                                       | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Long             | EC               | CORP              | US        |     34488 | NS      | $2063072.16   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| LKQ Corp.                                      | LKQ Corp.                                                             | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |    105293 | NS      | $3458875.05   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Grand Canyon Education, Inc.                   | Grand Canyon Education, Inc.                                          | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     11442 | NS      | $1989077.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                       | Fabrinet                                                              | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | KY        |     14862 | NS      | $7274057.28   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp.                                    | Kirby Corp.                                                           | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |     22298 | NS      | $2623582.68   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TopBuild Corp.                                 | TopBuild Corp.                                                        | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |     11420 | NS      | $5345131.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.        | Essential Properties Realty Trust, Inc.                               | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |     80798 | NS      | $2453027.28   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar, Inc.                              | Morningstar, Inc.                                                     | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     10353 | NS      | $2092237.77   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings, Inc.     | Knight-Swift Transportation Holdings, Inc.                            | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64170 | NS      | $3535767.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors, Inc.               | Omega Healthcare Investors, Inc.                                      | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               | CORP              | US        |    117245 | NS      | $5144710.60   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Gitlab, Inc.                                   | Gitlab, Inc., Class A                                                 | CUSIP: 37637K108<br>LEI: 9845004Y40FACG81ED49 | Long             | EC               | CORP              | US        |     53653 | NS      | $1876781.94   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital, Inc.                           | Galaxy Digital, Inc., Class A                                         | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |     76414 | NS      | $2159459.64   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp.                         | US Foods Holding Corp.                                                | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     93652 | NS      | $7831180.24   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp.                             | Chord Energy Corp.                                                    | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     24508 | NS      | $2456681.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TG Therapeutics, Inc.                          | TG Therapeutics, Inc.                                                 | CUSIP: 88322Q108<br>LEI: 529900X21UKABN9NJ529 | Long             | EC               | CORP              | US        |     59108 | NS      | $1739548.44   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                        | Aramark                                                               | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |    107069 | NS      | $4121085.81   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Solstice Advanced Materials, Inc.              | Solstice Advanced Materials, Inc.                                     | CUSIP: 83443Q103<br>LEI: 2138004GZ4H9TW6HK435 | Long             | EC               | CORP              | US        |     64941 | NS      | $4011405.57   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dutch Bros, Inc.                               | Dutch Bros, Inc., Class A                                             | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46755 | NS      | $2543004.45   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp.                                   | Bruker Corp.                                                          | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |     42238 | NS      | $1870721.02   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Roivant Sciences Ltd.                          | Roivant Sciences Ltd.                                                 | CUSIP: N/A<br>LEI: 549300DL466NY5J6U724       | Long             | EC               | CORP              | BM        |    157949 | NS      | $3414857.38   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant, Inc.                                 | Assurant, Inc.                                                        | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     20748 | NS      | $4940721.24   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                        | Molina Healthcare, Inc.                                               | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     20789 | NS      | $3733496.51   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DraftKings, Inc.                               | DraftKings, Inc., Class A                                             | CUSIP: 26142V105<br>LEI: 2549006G33IUL6IVOD83 | Long             | EC               | CORP              | US        |    199249 | NS      | $5481339.99   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Box, Inc.                                      | Box, Inc., Class A                                                    | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     58528 | NS      | $1483684.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems, Inc.                              | Pegasystems, Inc.                                                     | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     37416 | NS      | $1634705.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life, Inc.                               | Globe Life, Inc.                                                      | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     31927 | NS      | $4476803.94   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                              | Essent Group Ltd.                                                     | CUSIP: N/A<br>LEI: 254900QUO860OUT6ZF83       | Long             | EC               | CORP              | BM        |     40195 | NS      | $2529069.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp.                              | HF Sinclair Corp.                                                     | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     62458 | NS      | $3247191.42   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Acceptance Corp.                        | Credit Acceptance Corp.                                               | CUSIP: 225310101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2387 | NS      | $1189298.88   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments, Inc.                          | Shift4 Payments, Inc., Class A                                        | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26953 | NS      | $1591305.12   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Tetra Tech, Inc.                               | Tetra Tech, Inc.                                                      | CUSIP: 88162G103<br>LEI: 549300UJ1LP7JGJC5P32 | Long             | EC               | CORP              | US        |    102494 | NS      | $3859924.04   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings, Inc.                     | Lamb Weston Holdings, Inc.                                            | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     53182 | NS      | $2442649.26   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics, Inc.                             | Cytokinetics, Inc.                                                    | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |     48008 | NS      | $3033625.52   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Bill Holdings, Inc.                            | Bill Holdings, Inc.                                                   | CUSIP: 090043100<br>LEI: 549300IBF9VZZIGOZW63 | Long             | EC               | CORP              | US        |     34158 | NS      | $1474600.86   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| StandardAero, Inc.                             | StandardAero, Inc.                                                    | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45580 | NS      | $1407966.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group, Inc.                      | Nexstar Media Group, Inc.                                             | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     11202 | NS      | $2379080.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Paylocity Holding Corp.                        | Paylocity Holding Corp.                                               | CUSIP: 70438V106<br>LEI: 549300VH75FTB4DIEE07 | Long             | EC               | CORP              | US        |     18109 | NS      | $2444352.82   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes, Inc.                           | Champion Homes, Inc.                                                  | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21816 | NS      | $1709938.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp.                                     | GATX Corp.                                                            | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |     14331 | NS      | $2606952.21   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp.                             | Talen Energy Corp.                                                    | CUSIP: 87422Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17115 | NS      | $5962181.40   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Solventum Corp.                                | Solventum Corp.                                                       | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |     56603 | NS      | $4356732.91   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle, Inc.                       | Jones Lang LaSalle, Inc.                                              | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     19376 | NS      | $6934864.16   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp.                                  | Parsons Corp.                                                         | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     21879 | NS      | $1532842.74   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.                    | Casella Waste Systems, Inc., Class A                                  | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     25528 | NS      | $2575264.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy, Inc.                          | Clearway Energy, Inc., Class A                                        | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     13662 | NS      | $461365.74    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica, Inc.                                 | Comerica, Inc.                                                        | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |     51804 | NS      | $4593460.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems, Inc.                             | EPAM Systems, Inc.                                                    | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     22619 | NS      | $4718323.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis, Inc.                                 | Exelixis, Inc.                                                        | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |    103046 | NS      | $4261982.56   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity, Inc.                             | HealthEquity, Inc.                                                    | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     34817 | NS      | $2982772.39   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR, Inc.                                      | UDR, Inc.                                                             | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |    122483 | NS      | $4550243.45   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bankshares, Inc.                        | United Bankshares, Inc.                                               | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |     57368 | NS      | $2428387.44   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                                  | Popular, Inc.                                                         | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     26290 | NS      | $3510503.70   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp.                                 | Coherent Corp.                                                        | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     62697 | NS      | $13303049.46  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear, Inc.                                | Maplebear, Inc.                                                       | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75199 | NS      | $2794394.84   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                       | Skyworks Solutions, Inc.                                              | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     60772 | NS      | $3388646.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners, Inc.              | Pinnacle Financial Partners, Inc.                                     | CUSIP: 72348N109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60247 | NS      | $5728887.23   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical, Inc.                           | Globus Medical, Inc., Class A                                         | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     47067 | NS      | $4268035.56   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                         | Lincoln National Corp.                                                | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     69534 | NS      | $2893309.74   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Enphase Energy, Inc.                           | Enphase Energy, Inc.                                                  | CUSIP: 29355A107<br>LEI: 5493008U7KIGMI59Z314 | Long             | EC               | CORP              | US        |     53677 | NS      | $1984975.46   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp.               | Old Republic International Corp.                                      | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     94031 | NS      | $3683194.27   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CarMax, Inc.                                   | CarMax, Inc.                                                          | CUSIP: 143130102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62224 | NS      | $2771456.96   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd.                                   | Genpact Ltd.                                                          | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | BM        |     61047 | NS      | $2692172.70   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp.                            | Regal Rexnord Corp.                                                   | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     27083 | NS      | $4373904.50   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                            | Rithm Capital Corp.                                                   | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |    216961 | NS      | $2373553.34   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Acuity, Inc.                                   | Acuity, Inc.                                                          | CUSIP: 00508Y102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12216 | NS      | $3777675.84   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                          | Regency Centers Corp.                                                 | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     67147 | NS      | $4893001.89   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group, Inc.                | Northwestern Energy Group, Inc.                                       | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |     23514 | NS      | $1595660.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp.                          | Pilgrim's Pride Corp.                                                 | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     16967 | NS      | $735858.79    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp.                                | NewMarket Corp.                                                       | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      2959 | NS      | $1984867.61   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent, Inc.                                 | Exponent, Inc.                                                        | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     20652 | NS      | $1484259.24   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Revvity, Inc.                                  | Revvity, Inc.                                                         | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |     49175 | NS      | $5350240.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys, Inc.                                   | Qualys, Inc.                                                          | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     14331 | NS      | $1890258.90   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group, Inc. (The)                       | Ensign Group, Inc. (The)                                              | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     23541 | NS      | $4041048.06   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Amkor Technology, Inc.                         | Amkor Technology, Inc.                                                | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |     46492 | NS      | $2246958.36   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies, Inc.                    | ZoomInfo Technologies, Inc.                                           | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    100950 | NS      | $812647.50    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                     | Performance Food Group Co.                                            | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     63467 | NS      | $6057925.15   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Workiva, Inc.                                  | Workiva, Inc.                                                         | CUSIP: 98139A105<br>LEI: 529900RTOQ8GRWHY1O58 | Long             | EC               | CORP              | US        |     21211 | NS      | $1633671.22   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Aurora Innovation, Inc.                        | Aurora Innovation, Inc.                                               | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Long             | EC               | CORP              | US        |    480754 | NS      | $2019166.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Ralph Lauren Corp.                             | Ralph Lauren Corp.                                                    | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     15705 | NS      | $5550304.05   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories, Inc.                     | Bio-Rad Laboratories, Inc., Class A                                   | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |      7997 | NS      | $2348718.90   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings, Inc.                     | MarketAxess Holdings, Inc.                                            | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     15163 | NS      | $2566034.49   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Services, Inc.                | Universal Health Services, Inc., Class B                              | CUSIP: 913903100<br>LEI: 549300YGMGQDO0NMJD09 | Long             | EC               | CORP              | US        |     22820 | NS      | $4592753.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource, Inc.                     | Builders FirstSource, Inc.                                            | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     46368 | NS      | $5304499.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lyft, Inc.                                     | Lyft, Inc., Class A                                                   | CUSIP: 55087P104<br>LEI: 549300H7I5VN334XVZ52 | Long             | EC               | CORP              | US        |    160077 | NS      | $2700498.99   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Display Corp.                        | Universal Display Corp.                                               | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19303 | NS      | $2216370.46   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                            | UMB Financial Corp.                                                   | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     29321 | NS      | $3727871.94   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd.                     | Axis Capital Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 635400VD2NQBYAHMEM55       | Long             | EC               | CORP              | BM        |     30971 | NS      | $3195587.78   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings, Inc.                | Lincoln Electric Holdings, Inc.                                       | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     22892 | NS      | $6074392.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera, Inc.                                   | Natera, Inc.                                                          | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |     53734 | NS      | $12420076.76  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Drainage Systems, Inc.                | Advanced Drainage Systems, Inc.                                       | CUSIP: 00790R104<br>LEI: 6QQTOZ5MF5DHM7K92I60 | Long             | EC               | CORP              | US        |     28228 | NS      | $4291785.12   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics, Inc.                            | GXO Logistics, Inc.                                                   | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     47769 | NS      | $2703247.71   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corp.                                 | Celanese Corp.                                                        | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |     42123 | NS      | $1871946.12   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                                   | Mattel, Inc.                                                          | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    131842 | NS      | $2754179.38   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings, Inc.                            | Loar Holdings, Inc.                                                   | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9438 | NS      | $647258.04    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp.                                | Brunswick Corp.                                                       | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     25574 | NS      | $2051546.28   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries, Inc.                           | UFP Industries, Inc.                                                  | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     24778 | NS      | $2559071.84   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Darling Ingredients, Inc.                      | Darling Ingredients, Inc.                                             | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |     59980 | NS      | $2738686.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties, Inc.                       | Cousins Properties, Inc.                                              | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     64031 | NS      | $1616142.44   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp.                                   | Cognex Corp.                                                          | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |     65844 | NS      | $2550796.56   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co., Inc.                | Simpson Manufacturing Co., Inc.                                       | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |     17116 | NS      | $3025766.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System, Inc.                             | Ryder System, Inc.                                                    | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     16600 | NS      | $3175248.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold, Inc.                               | Royal Gold, Inc.                                                      | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |     32944 | NS      | $8674484.64   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries, Inc.                         | Chart Industries, Inc.                                                | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     18380 | NS      | $3810909.20   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corp.                           | Exact Sciences Corp.                                                  | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |     75158 | NS      | $7691669.72   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma, Inc.                          | Williams-Sonoma, Inc.                                                 | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |     50264 | NS      | $10286527.60  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions, Inc.                        | Element Solutions, Inc.                                               | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |     89430 | NS      | $2602413.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Live Holdings, Inc.                    | Liberty Live Holdings, Inc., Class A                                  | CUSIP: 530909100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8075 | NS      | $649553.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings, Inc.                      | ExlService Holdings, Inc.                                             | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     66256 | NS      | $2593922.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp.                                  | Sandisk Corp.                                                         | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47515 | NS      | $27380518.75  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp.                                | TD SYNNEX Corp.                                                       | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     30584 | NS      | $4852763.28   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp.                         | Encompass Health Corp.                                                | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     39389 | NS      | $3723442.17   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp.                                      | APA Corp.                                                             | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    147067 | NS      | $3884039.47   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON, Inc.                                     | AAON, Inc.                                                            | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27625 | NS      | $2515532.50   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Prosperity Bancshares, Inc.                    | Prosperity Bancshares, Inc.                                           | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36958 | NS      | $2550471.58   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd.           | White Mountains Insurance Group Ltd.                                  | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | BM        |       996 | NS      | $2036750.28   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp.                                | JBT Marel Corp.                                                       | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     21100 | NS      | $3319241.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline, Inc.                                | Valvoline, Inc.                                                       | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     51968 | NS      | $1700392.96   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial, Inc.                        | Jackson Financial, Inc., Class A                                      | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     29099 | NS      | $3460453.08   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TKO Group Holdings, Inc.                       | TKO Group Holdings, Inc.                                              | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27964 | NS      | $5664947.12   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp.                           | Federal Signal Corp.                                                  | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     24889 | NS      | $2690252.01   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensient Technologies Corp.                    | Sensient Technologies Corp.                                           | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |     17238 | NS      | $1629335.76   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                             | Brown-Forman Corp., Class A                                           | CUSIP: 115637100<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     17995 | NS      | $500800.85    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings, Inc.                            | Herc Holdings, Inc.                                                   | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     12642 | NS      | $1812104.28   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd.                                   | Invesco Ltd.                                                          | CUSIP: N/A<br>LEI: ECPGFXU8A2SHKVVGJI15       | Long             | EC               | CORP              | BM        |    139615 | NS      | $3810093.35   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT, Inc.                                      | ADT, Inc.                                                             | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    141055 | NS      | $1128440.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap, Inc. (The)                                | Gap, Inc. (The)                                                       | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |     96627 | NS      | $2703623.46   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp.                            | Kilroy Realty Corp.                                                   | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               | CORP              | US        |     43986 | NS      | $1516637.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Oklo, Inc.                                     | Oklo, Inc., Class A                                                   | CUSIP: 02156V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37838 | NS      | $3012661.56   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse, Inc.                               | Littelfuse, Inc.                                                      | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |     10139 | NS      | $3282602.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Whirlpool Corp.                                | Whirlpool Corp.                                                       | CUSIP: 963320106<br>LEI: WHENKOULSSK7WUM60H03 | Long             | EC               | CORP              | US        |     22751 | NS      | $1819852.49   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Alaska Air Group, Inc.                         | Alaska Air Group, Inc.                                                | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |     44864 | NS      | $2280437.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp.                       | Magnolia Oil & Gas Corp., Class A                                     | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71968 | NS      | $1835903.68   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Therapeutics, Inc.                      | Summit Therapeutics, Inc.                                             | CUSIP: 86627T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46168 | NS      | $668512.64    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Five Below, Inc.                               | Five Below, Inc.                                                      | CUSIP: 33829M101<br>LEI: 529900AAXP5Z6BGI7418 | Long             | EC               | CORP              | US        |     22055 | NS      | $4226620.20   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.                      | MDU Resources Group, Inc.                                             | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79942 | NS      | $1639610.42   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                         | BWX Technologies, Inc.                                                | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     37364 | NS      | $7675686.52   | 0.40%             |  |  |  | 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        | 109730233 | NS      | $109730233.35 | 5.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co.                  | Graphic Packaging Holding Co.                                         | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112344 | NS      | $1645839.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| elf Beauty, Inc.                               | elf Beauty, Inc.                                                      | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |     20580 | NS      | $1749094.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TFS Financial Corp.                            | TFS Financial Corp.                                                   | CUSIP: 87240R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21557 | NS      | $303414.78    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Generac Holdings, Inc.                         | Generac Holdings, Inc.                                                | CUSIP: 368736104<br>LEI: 529900S2H2AHJHSFFI84 | Long             | EC               | CORP              | US        |     24361 | NS      | $4093622.44   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX, Inc.                                      | WEX, Inc.                                                             | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     12865 | NS      | $1979923.50   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group, Inc.                               | Cava Group, Inc.                                                      | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40047 | NS      | $2427649.14   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Lucid Group, Inc.                              | Lucid Group, Inc.                                                     | CUSIP: 549498202<br>LEI: 529900MRL9Z13ZCRVD74 | Long             | EC               | CORP              | US        |     58479 | NS      | $647362.53    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| VF Corp.                                       | VF Corp.                                                              | CUSIP: 918204108<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | EC               | CORP              | US        |    134595 | NS      | $2636716.05   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Avis Budget Group, Inc.                        | Avis Budget Group, Inc.                                               | CUSIP: 053774105<br>LEI: 529900E95812SYWMCE44 | Long             | EC               | CORP              | US        |      7135 | NS      | $820453.65    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Figure Technology Solutions, Inc.              | Figure Technology Solutions, Inc., Class A                            | CUSIP: 349381103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12887 | NS      | $733012.56    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| IDEX Corp.                                     | IDEX Corp.                                                            | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     29366 | NS      | $5830619.30   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Co.                            | Sonoco Products Co.                                                   | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |     39925 | NS      | $1916400.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings, Inc.                 | Life Time Group Holdings, Inc.                                        | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49427 | NS      | $1441785.59   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp.                                   | Chemed Corp.                                                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      6007 | NS      | $2565829.98   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                            | Clean Harbors, Inc.                                                   | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     20839 | NS      | $5416264.49   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte, Inc.                                  | Vaxcyte, Inc.                                                         | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |     46906 | NS      | $2512754.42   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining, Inc.                             | Coeur Mining, Inc.                                                    | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |    256925 | NS      | $5251547.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp.                               | Murphy Oil Corp.                                                      | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     54355 | NS      | $1635541.95   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.                     | Procore Technologies, Inc.                                            | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |     48194 | NS      | $2722479.06   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes, Inc.                         | Federated Hermes, Inc.                                                | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |     33012 | NS      | $1758879.36   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Broadband Corp.                        | Liberty Broadband Corp., Class C                                      | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |     42902 | NS      | $2064015.22   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holdings, Inc.          | Ollie's Bargain Outlet Holdings, Inc.                                 | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |     25226 | NS      | $2782680.06   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands, Inc.                           | Conagra Brands, Inc.                                                  | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    195142 | NS      | $3612078.42   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply, Inc.                 | SiteOne Landscape Supply, Inc.                                        | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     18207 | NS      | $2613432.78   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayforce, Inc.                                 | Dayforce, Inc.                                                        | CUSIP: 15677J108<br>LEI: 549300T64GVCHFJ8L449 | Long             | EC               | CORP              | US        |     63709 | NS      | $4413122.43   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                              | Black Hills Corp.                                                     | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     29473 | NS      | $2150939.54   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies, Inc.                       | Lumen Technologies, Inc.                                              | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |    372006 | NS      | $3281092.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics, Inc.                      | Axsome Therapeutics, Inc.                                             | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |     16040 | NS      | $2955370.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| GameStop Corp.                                 | GameStop Corp., Class A                                               | CUSIP: 36467W109<br>LEI: 549300505KLOET039L77 | Long             | EC               | CORP              | US        |    166442 | NS      | $3974634.96   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Antero Resources Corp.                         | Antero Resources Corp.                                                | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |    108080 | NS      | $3930869.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials, Inc.                          | Eagle Materials, Inc.                                                 | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     13613 | NS      | $2774465.53   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp.                                | API Group Corp.                                                       | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |    126599 | NS      | $5262720.43   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital, Inc.                         | Blue Owl Capital, Inc.                                                | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    251856 | NS      | $3435315.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Rubrik, Inc.                                   | Rubrik, Inc., Class A                                                 | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |     55292 | NS      | $3093587.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp.                         | Tenet Healthcare Corp.                                                | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     35798 | NS      | $6775845.44   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Macy's, Inc.                                   | Macy's, Inc.                                                          | CUSIP: 55616P104<br>LEI: 529900NZQ81TIOW3CW52 | Long             | EC               | CORP              | US        |    107233 | NS      | $2146804.66   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                   | Cadence Bank                                                          | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     73647 | NS      | $3101275.17   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.          | Alexandria Real Estate Equities, Inc.                                 | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     60792 | NS      | $3321674.88   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Midstream Corp.                         | Antero Midstream Corp.                                                | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129143 | NS      | $2430471.26   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                          | BellRing Brands, Inc.                                                 | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     52158 | NS      | $1297169.46   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Travel + Leisure Co.                           | Travel + Leisure Co.                                                  | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     26161 | NS      | $1819235.94   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                          | Matador Resources Co.                                                 | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     45549 | NS      | $2060636.76   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd.                            | Liberty Global Ltd., Class C                                          | CUSIP: N/A<br>LEI: 213800HRMKKTYH7SKA24       | Long             | EC               | CORP              | BM        |     52698 | NS      | $583893.84    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR, Inc.                                      | KBR, Inc.                                                             | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     53984 | NS      | $2311055.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated, Inc.                   | Coca-Cola Consolidated, Inc.                                          | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |     21346 | NS      | $3245872.76   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AptarGroup, Inc.                               | AptarGroup, Inc.                                                      | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     26852 | NS      | $3355157.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleveland-Cliffs, Inc.                         | Cleveland-Cliffs, Inc.                                                | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    224095 | NS      | $3083547.20   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                   | Casey's General Stores, Inc.                                          | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     14893 | NS      | $9032604.50   | 0.46%             |  |  |  | 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        |     49400 | NS      | $2866682.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp.                                  | Oshkosh Corp.                                                         | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     24544 | NS      | $3529918.08   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Therapeutics, Inc.                      | Viking Therapeutics, Inc.                                             | CUSIP: 92686J106<br>LEI: 529900IVC72YPFA25M37 | Long             | EC               | CORP              | US        |     43236 | NS      | $1255573.44   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Silicon Laboratories, Inc.                     | Silicon Laboratories, Inc.                                            | CUSIP: 826919102<br>LEI: 4PRDF8Q9TDHRVZKZSZ47 | Long             | EC               | CORP              | US        |     13217 | NS      | $1882761.65   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises, Inc.                         | Rush Enterprises, Inc., Class A                                       | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     25630 | NS      | $1645189.70   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.            | Huntington Ingalls Industries, Inc.                                   | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |     16018 | NS      | $6735729.18   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group, Inc. (The)            | Hanover Insurance Group, Inc. (The)                                   | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     14098 | NS      | $2455025.72   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Freedom Holding Corp.                          | Freedom Holding Corp.                                                 | CUSIP: 356390104<br>LEI: 254900RKI81EPUJ3RW71 | Long             | EC               | CORP              | US        |      7425 | NS      | $918472.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Affirm Holdings, Inc.                          | Affirm Holdings, Inc., Class A                                        | CUSIP: 00827B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    109377 | NS      | $6595433.10   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety, Inc.                               | MSA Safety, Inc.                                                      | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |     15172 | NS      | $2687719.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore, Inc.                                 | Evercore, Inc., Class A                                               | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     15264 | NS      | $5392313.28   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| QXO, Inc.                                      | QXO, Inc.                                                             | CUSIP: 82846H405<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    240242 | NS      | $5328567.56   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Axalta Coating Systems Ltd.                    | Axalta Coating Systems Ltd.                                           | CUSIP: N/A<br>LEI: 529900AGLPA40GV6H619       | Long             | EC               | CORP              | BM        |     84364 | NS      | $2832943.12   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp.                                     | Ball Corp.                                                            | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |    109395 | NS      | $6221293.65   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp.                                    | Ciena Corp.                                                           | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     57799 | NS      | $14554366.19  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV, Inc.                                      | NOV, Inc.                                                             | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    148112 | NS      | $2717855.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO Corp.                                     | AGCO Corp.                                                            | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     24351 | NS      | $2761646.91   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp.                                  | Sanmina Corp.                                                         | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     20279 | NS      | $2873128.72   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Post Holdings, Inc.                            | Post Holdings, Inc.                                                   | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |     20440 | NS      | $2091216.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                                | Primerica, Inc.                                                       | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |     13539 | NS      | $3561298.56   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UiPath, Inc.                                   | UiPath, Inc., Class A                                                 | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |    174921 | NS      | $2202255.39   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Laundry Holdings, Inc.                | Alliance Laundry Holdings, Inc.                                       | CUSIP: 01862Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19102 | NS      | $421772.16    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra, Inc.                                 | Penumbra, Inc.                                                        | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |     15197 | NS      | $5443109.49   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates, Inc.                     | Manhattan Associates, Inc.                                            | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     24761 | NS      | $3739158.61   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty, Inc.                | Rexford Industrial Realty, Inc.                                       | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               | CORP              | US        |     96662 | NS      | $3917710.86   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's, Inc.                                | Dillard's, Inc., Class A                                              | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |      1634 | NS      | $992753.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers, Inc.                           | Cohen & Steers, Inc.                                                  | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |     11276 | NS      | $724595.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                             | Henry Schein, Inc.                                                    | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     43042 | NS      | $3248810.16   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown-Forman Corp.                             | Brown-Forman Corp., Class B                                           | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |    119556 | NS      | $3272247.72   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Allegro MicroSystems, Inc.                     | Allegro MicroSystems, Inc.                                            | CUSIP: 01749D105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50396 | NS      | $1860116.36   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsara, Inc.                                  | Samsara, Inc., Class A                                                | CUSIP: 79589L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    124582 | NS      | $3494525.10   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG, Inc.                                      | TPG, Inc.                                                             | CUSIP: 872657101<br>LEI: 549300NLO4R8MX77XJ02 | Long             | EC               | CORP              | US        |     52274 | NS      | $3079461.34   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy, Inc.                              | TXNM Energy, Inc.                                                     | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |     38737 | NS      | $2282384.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries, Inc.                        | Mohawk Industries, Inc.                                               | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |     20176 | NS      | $2388434.88   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| SailPoint, Inc.                                | SailPoint, Inc.                                                       | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24603 | NS      | $386021.07    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| RenaissanceRe Holdings Ltd.                    | RenaissanceRe Holdings Ltd.                                           | CUSIP: N/A<br>LEI: EK6GB9U3U58PDI411C94       | Long             | EC               | CORP              | BM        |     17812 | NS      | $5017640.40   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness, Inc.                           | Planet Fitness, Inc., Class A                                         | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |     33224 | NS      | $3024712.96   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.                | Independence Realty Trust, Inc.                                       | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     90777 | NS      | $1515975.90   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer Aviation, Inc.                          | Archer Aviation, Inc., Class A                                        | CUSIP: 03945R102<br>LEI: 529900UGYVU0KY2RLD83 | Long             | EC               | CORP              | US        |    204881 | NS      | $1473094.39   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop, Inc.                                 | Wingstop, Inc.                                                        | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |     11432 | NS      | $3034395.76   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Rush Enterprises, Inc.                         | Rush Enterprises, Inc., Class B                                       | CUSIP: 781846308<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |      3147 | NS      | $185704.47    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                   | Stanley Black & Decker, Inc.                                          | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     62518 | NS      | $4917665.88   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| American Airlines Group, Inc.                  | American Airlines Group, Inc.                                         | CUSIP: 02376R102<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | EC               | CORP              | US        |    264436 | NS      | $3516998.80   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products, Inc.              | Installed Building Products, Inc.                                     | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      9438 | NS      | $2719465.32   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Avidity Biosciences, Inc.                      | Avidity Biosciences, Inc.                                             | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47883 | NS      | $3474869.31   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Campbell's Co. (The)                           | Campbell's Co. (The)                                                  | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     81385 | NS      | $2277152.30   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Co.                             | Erie Indemnity Co., Class A                                           | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |     10288 | NS      | $2911606.88   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| RPM International, Inc.                        | RPM International, Inc.                                               | CUSIP: 749685103<br>LEI: 549300TJCKW4BRXPJ474 | Long             | EC               | CORP              | US        |     52674 | NS      | $5634011.04   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey, Inc.                           | Houlihan Lokey, Inc.                                                  | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     22089 | NS      | $3718020.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp.                            | BOK Financial Corp.                                                   | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |      8310 | NS      | $1079801.40   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| MKS, Inc.                                      | MKS, Inc.                                                             | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     21527 | NS      | $5067671.07   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp.                                  | Vontier Corp.                                                         | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |     60550 | NS      | $2270625.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                          | Commercial Metals Co.                                                 | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     43322 | NS      | $3330162.14   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                | Bunge Global SA                                                       | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | CH        |     55155 | NS      | $6281051.40   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Core & Main, Inc.                              | Core & Main, Inc., Class A                                            | CUSIP: 21874C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68710 | NS      | $3666365.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.                     | Cullen/Frost Bankers, Inc.                                            | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     24616 | NS      | $3392577.12   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Somnigroup International, Inc.                 | Somnigroup International, Inc.                                        | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     76305 | NS      | $6703394.25   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts, Inc.                 | Wyndham Hotels & Resorts, Inc.                                        | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     29862 | NS      | $2173654.98   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                       | Western Alliance Bancorp                                              | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     45105 | NS      | $4021110.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co., Inc.                | MSC Industrial Direct Co., Inc., Class A                              | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     16268 | NS      | $1372043.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies, Inc.                      | Akamai Technologies, Inc.                                             | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |     57059 | NS      | $5543281.85   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance, Inc.                                 | Reliance, Inc.                                                        | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     21485 | NS      | $7079307.50   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Lineage, Inc.                                  | Lineage, Inc.                                                         | CUSIP: 53566V106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24289 | NS      | $867360.19    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Masimo Corp.                                   | Masimo Corp.                                                          | CUSIP: 574795100<br>LEI: 549300Q4A8JK0PIYCU29 | Long             | EC               | CORP              | US        |     19216 | NS      | $2638933.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group, Inc.                  | Asbury Automotive Group, Inc.                                         | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      7398 | NS      | $1734904.98   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Wynn Resorts Ltd.                              | Wynn Resorts Ltd.                                                     | CUSIP: 983134107<br>LEI: 254900CEKKWIHTEAB172 | Long             | EC               | CORP              | US        |     34137 | NS      | $3668020.65   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp.                                 | Westlake Corp.                                                        | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |     13889 | NS      | $1101675.48   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Duolingo, Inc.                                 | Duolingo, Inc., Class A                                               | CUSIP: 26603R106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15901 | NS      | $2131688.06   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corp.                     | California Resources Corp.                                            | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |     26164 | NS      | $1399774.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris, Inc.                                  | Viatris, Inc.                                                         | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    490353 | NS      | $6418720.77   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software, Inc.                       | Guidewire Software, Inc.                                              | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |     34046 | NS      | $4792314.96   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co., Inc.                                 | Trex Co., Inc.                                                        | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43767 | NS      | $1812829.14   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications International Corp.       | Science Applications International Corp.                              | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |     19245 | NS      | $1958371.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Reynolds Consumer Products, Inc.               | Reynolds Consumer Products, Inc.                                      | CUSIP: 76171L106<br>LEI: 894500ZQLNYY77S80A06 | Long             | EC               | CORP              | US        |     22248 | NS      | $515486.16    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment, Inc.                            | AeroVironment, Inc.                                                   | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |     15249 | NS      | $4245169.11   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| MACOM Technology Solutions Holdings, Inc.      | MACOM Technology Solutions Holdings, Inc.                             | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25854 | NS      | $5663577.24   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group plc                      | Janus Henderson Group plc                                             | CUSIP: N/A<br>LEI: 2138009WPYMWJN3RVF44       | Long             | EC               | CORP              | JE        |     48588 | NS      | $2338540.44   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Skydance Corp.                       | Paramount Skydance Corp., Class B                                     | CUSIP: 69932A204<br>LEI: 529900B6VAJG54Y9QF02 | Long             | EC               | CORP              | US        |    361531 | NS      | $4052762.51   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO, Inc.                                      | XPO, Inc.                                                             | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     48141 | NS      | $7130163.51   | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| WillScot Holdings Corp.                        | WillScot Holdings Corp.                                               | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |     74930 | NS      | $1500847.90   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Penske Automotive Group, Inc.                  | Penske Automotive Group, Inc.                                         | CUSIP: 70959W103<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | EC               | CORP              | US        |      8095 | NS      | $1269215.05   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire, Inc.                                    | Spire, Inc.                                                           | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     23677 | NS      | $2000469.73   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries, Inc.                          | Thor Industries, Inc.                                                 | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |     20925 | NS      | $2340879.75   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp.                                     | Lear Corp.                                                            | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     21899 | NS      | $2564153.91   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta, Inc.                                  | Novanta, Inc.                                                         | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     14573 | NS      | $1960651.42   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust, Inc.                   | Americold Realty Trust, Inc.                                          | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               | CORP              | US        |    102088 | NS      | $1266912.08   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp.                             | Primo Brands Corp.                                                    | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     84036 | NS      | $1591641.84   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp.                                 | EchoStar Corp., Class A                                               | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |     54685 | NS      | $6191435.70   | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| PennyMac Financial Services, Inc.              | PennyMac Financial Services, Inc.                                     | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |     11564 | NS      | $1155474.88   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation, Inc.                          | Onto Innovation, Inc.                                                 | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     20070 | NS      | $4055143.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares, Inc.                      | Commerce Bancshares, Inc.                                             | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56054 | NS      | $2950682.56   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.                 | American Financial Group, Inc.                                        | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     29269 | NS      | $3812872.63   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden, Inc.                                   | Belden, Inc.                                                          | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     15718 | NS      | $1847022.18   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy, Inc.                          | Clearway Energy, Inc., Class C                                        | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     33686 | NS      | $1217748.90   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic, Inc.                                 | Symbotic, Inc.                                                        | CUSIP: 87151X101<br>LEI: 529900UN9QT55OG9I235 | Long             | EC               | CORP              | US        |     20596 | NS      | $1119804.52   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics, Inc.                     | Corcept Therapeutics, Inc.                                            | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |     39554 | NS      | $1577017.98   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma, Inc.                         | Bridgebio Pharma, Inc.                                                | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     57272 | NS      | $4425407.44   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| SentinelOne, Inc.                              | SentinelOne, Inc., Class A                                            | CUSIP: 81730H109<br>LEI: 984500DCD44DBF954221 | Long             | EC               | CORP              | US        |    127913 | NS      | $1788223.74   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackLine, Inc.                                | BlackLine, Inc.                                                       | CUSIP: 09239B109<br>LEI: 529900P9N7PK9LV5EK56 | Long             | EC               | CORP              | US        |     20507 | NS      | $952960.29    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                    | Dick's Sporting Goods, Inc.                                           | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     26665 | NS      | $5386330.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp.                 | First American Financial Corp.                                        | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     40394 | NS      | $2552092.92   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings, Inc.                  | Ryan Specialty Holdings, Inc.                                         | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42937 | NS      | $2072998.36   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| CNH Industrial NV                              | CNH Industrial NV                                                     | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | NL        |    360130 | NS      | $3874998.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries, Inc.               | Advanced Energy Industries, Inc.                                      | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     15438 | NS      | $3942247.68   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp.                                  | Nordson Corp.                                                         | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |     21270 | NS      | $5839253.10   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| IonQ, Inc.                                     | IonQ, Inc.                                                            | CUSIP: 46222L108<br>LEI: 529900RB2VEFGLQS7G28 | Long             | EC               | CORP              | US        |    143215 | NS      | $5725735.70   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| First Financial Bankshares, Inc.               | First Financial Bankshares, Inc.                                      | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |     49264 | NS      | $1567580.48   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp.                           | Terreno Realty Corp.                                                  | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41313 | NS      | $2542402.02   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rocket Cos., Inc.                              | Rocket Cos., Inc., Class A                                            | CUSIP: 77311W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    360329 | NS      | $6460698.97   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT, Inc.                                 | NNN REIT, Inc.                                                        | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               | CORP              | US        |     76858 | NS      | $3202672.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                        | Kite Realty Group Trust                                               | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89689 | NS      | $2106794.61   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corp.               | Zurn Elkay Water Solutions Corp.                                      | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     61869 | NS      | $2852779.59   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| MGM Resorts International                      | MGM Resorts International                                             | CUSIP: 552953101<br>LEI: 54930066VBP7DZEGGJ87 | Long             | EC               | CORP              | US        |     81302 | NS      | $2726869.08   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources, Inc.                       | Franklin Resources, Inc.                                              | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |    116961 | NS      | $3113501.82   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation, Inc.                               | AutoNation, Inc.                                                      | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10653 | NS      | $2183651.94   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. plc                     | Gates Industrial Corp. plc                                            | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |     99963 | NS      | $2301148.26   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co., Inc.                    | Franklin Electric Co., Inc.                                           | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |     16222 | NS      | $1616035.64   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System, Inc.                  | Columbia Banking System, Inc.                                         | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |    116037 | NS      | $3416129.28   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Molson Coors Beverage Co.                      | Molson Coors Beverage Co., Class B                                    | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     68971 | NS      | $3313366.84   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Armstrong World Industries, Inc.               | Armstrong World Industries, Inc.                                      | CUSIP: 04247X102<br>LEI: KXMRXXOJ88Q45Y45MG74 | Long             | EC               | CORP              | US        |     17749 | NS      | $3261201.26   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Alcoa Corp.                                    | Alcoa Corp.                                                           | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    106679 | NS      | $6060433.99   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment, Inc.                    | Caesars Entertainment, Inc.                                           | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |     83341 | NS      | $1725158.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                       | Modine Manufacturing Co.                                              | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     20218 | NS      | $3733455.88   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                   | CF Industries Holdings, Inc.                                          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     64053 | NS      | $5971661.19   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                                    | Avnet, Inc.                                                           | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     31730 | NS      | $1979634.70   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Rivian Automotive, Inc.                        | Rivian Automotive, Inc., Class A                                      | CUSIP: 76954A103<br>LEI: 25490004LNKJ84MFYY24 | Long             | EC               | CORP              | US        |    308172 | NS      | $4545537.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Nutanix, Inc.                                  | Nutanix, Inc., Class A                                                | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |    104529 | NS      | $4111125.57   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems, Inc.                 | FactSet Research Systems, Inc.                                        | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     15554 | NS      | $3956315.44   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group, Inc.                | Selective Insurance Group, Inc.                                       | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     24785 | NS      | $2083922.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.                    | Halozyme Therapeutics, Inc.                                           | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     50506 | NS      | $3621785.26   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter, Inc.                             | Badger Meter, Inc.                                                    | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     11990 | NS      | $1757494.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties, Inc.             | Ryman Hospitality Properties, Inc.                                    | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     25155 | NS      | $2382178.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor, Inc.                                  | Avantor, Inc.                                                         | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    276457 | NS      | $3018910.44   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Graco, Inc.                                    | Graco, Inc.                                                           | CUSIP: 384109104<br>LEI: 4T5VJ4S81BRT6Q7GGT78 | Long             | EC               | CORP              | US        |     68906 | NS      | $6017560.98   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy USA, Inc.                               | Murphy USA, Inc.                                                      | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      7386 | NS      | $3120658.86   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations, Inc.                   | Hilton Grand Vacations, Inc.                                          | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     21926 | NS      | $989081.86    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hexcel Corp.                                   | Hexcel Corp.                                                          | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |     32870 | NS      | $2721964.70   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Qnity Electronics, Inc.                        | Qnity Electronics, Inc.                                               | CUSIP: 74743L100<br>LEI: 254900RSUG4J9TFFZX53 | Long             | EC               | CORP              | US        |     85463 | NS      | $8219831.34   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corp.                            | First Horizon Corp.                                                   | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    200883 | NS      | $4919624.67   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Celsius Holdings, Inc.                         | Celsius Holdings, Inc.                                                | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66843 | NS      | $3507920.64   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors, Inc.                            | Lithia Motors, Inc., Class A                                          | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |      9353 | NS      | $3025134.32   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry, Inc.                                 | Tapestry, Inc.                                                        | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     84621 | NS      | $10739251.11  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT, Inc.                                      | ITT, Inc.                                                             | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     35411 | NS      | $6455425.30   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp.                           | Centrus Energy Corp., Class A                                         | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      6610 | NS      | $1839430.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| BXP, Inc.                                      | BXP, Inc.                                                             | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     59053 | NS      | $3818957.51   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Enact Holdings, Inc.                           | Enact Holdings, Inc.                                                  | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     12904 | NS      | $513192.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp.                          | AGNC Investment Corp.                                                 | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               | CORP              | US        |    424106 | NS      | $4834808.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Maximus, Inc.                                  | Maximus, Inc.                                                         | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     22888 | NS      | $2161542.72   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Hasbro, Inc.                                   | Hasbro, Inc.                                                          | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |     53644 | NS      | $4790945.64   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                              | Boyd Gaming Corp.                                                     | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     22909 | NS      | $1936726.86   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp.                                  | Glaukos Corp.                                                         | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |     21676 | NS      | $2587680.88   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| OneMain Holdings, Inc.                         | OneMain Holdings, Inc.                                                | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     48912 | NS      | $3205692.48   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co.                            | SEI Investments Co.                                                   | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |     39334 | NS      | $3455491.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corp.                    | Pinnacle West Capital Corp.                                           | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     48769 | NS      | $4562827.64   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Healthcare Realty Trust, Inc.                  | Healthcare Realty Trust, Inc., Class A                                | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |    139628 | NS      | $2344354.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp.                          | Waystar Holding Corp.                                                 | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32629 | NS      | $866626.24    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                     | Unum Group                                                            | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     65532 | NS      | $4978466.04   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa, Inc.                                   | Arcosa, Inc.                                                          | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     18767 | NS      | $2148258.49   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Marzetti Co. (The)                             | Marzetti Co. (The)                                                    | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      8316 | NS      | $1426776.12   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                           | Vornado Realty Trust                                                  | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     66510 | NS      | $2120338.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Etsy, Inc.                                     | Etsy, Inc.                                                            | CUSIP: 29786A106<br>LEI: 54930089Q7XT501AEA40 | Long             | EC               | CORP              | US        |     39863 | NS      | $2111144.48   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealed Air Corp.                               | Sealed Air Corp.                                                      | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     57631 | NS      | $2413586.28   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics, Inc.                        | Arrow Electronics, Inc.                                               | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     19341 | NS      | $2562489.09   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure, Inc.                  | Sterling Infrastructure, Inc.                                         | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |     12437 | NS      | $4451326.67   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Inc.             | Reinsurance Group of America, Inc.                                    | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     26947 | NS      | $5463504.25   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co.                             | U-Haul Holding Co.                                                    | CUSIP: 023586100<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |      3133 | NS      | $177171.15    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| SouthState Bank Corp.                          | SouthState Bank Corp.                                                 | CUSIP: 84472E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39772 | NS      | $4069868.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co., Inc.                            | Donaldson Co., Inc.                                                   | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     49269 | NS      | $5022481.86   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International, Inc.                      | WESCO International, Inc.                                             | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     19589 | NS      | $5669644.27   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group, Inc.                | Affiliated Managers Group, Inc.                                       | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |     11695 | NS      | $3661587.55   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Qorvo, Inc.                                    | Qorvo, Inc.                                                           | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |     34724 | NS      | $2712291.64   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets, Inc.                         | Tradeweb Markets, Inc., Class A                                       | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47430 | NS      | $4888610.10   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FNB Corp.                                      | FNB Corp.                                                             | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |    132140 | NS      | $2319057.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings, Inc.            | Allison Transmission Holdings, Inc.                                   | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     34829 | NS      | $3785912.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                  | IDACORP, Inc.                                                         | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     21023 | NS      | $2791644.17   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings, Inc.                          | Karman Holdings, Inc.                                                 | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14482 | NS      | $1503231.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Southwest Gas Holdings, Inc.                   | Southwest Gas Holdings, Inc.                                          | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     24103 | NS      | $1996210.46   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CRISPR Therapeutics AG                         | CRISPR Therapeutics AG                                                | CUSIP: N/A<br>LEI: 506700O6IRRIQLT3W370       | Long             | EC               | CORP              | CH        |     38407 | NS      | $1918813.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| EnerSys                                        | EnerSys                                                               | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     15512 | NS      | $2795107.28   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Global Ltd.                            | Liberty Global Ltd., Class A                                          | CUSIP: N/A<br>LEI: 213800HRMKKTYH7SKA24       | Long             | EC               | CORP              | BM        |     67763 | NS      | $751491.67    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.                     | Carpenter Technology Corp.                                            | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     19419 | NS      | $6171940.77   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Utilities, Inc.                      | Essential Utilities, Inc.                                             | CUSIP: 29670G102<br>LEI: 549300ILTEOF3E3QY357 | Long             | EC               | CORP              | US        |    102358 | NS      | $3970466.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International, Inc.                       | CACI International, Inc., Class A                                     | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      8973 | NS      | $5568464.34   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health, Inc.                          | Guardant Health, Inc.                                                 | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |     47358 | NS      | $5400706.32   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Wayfair, Inc.                                  | Wayfair, Inc., Class A                                                | CUSIP: 94419L101<br>LEI: 54930027N9ZAVYFDHK53 | Long             | EC               | CORP              | US        |     40513 | NS      | $4192690.37   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems, Inc.                        | Commvault Systems, Inc.                                               | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     17864 | NS      | $1530944.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Churchill Downs, Inc.                          | Churchill Downs, Inc.                                                 | CUSIP: 171484108<br>LEI: 529900FODTBQC8MIS994 | Long             | EC               | CORP              | US        |     28326 | NS      | $2786145.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial, Inc.                           | Voya Financial, Inc.                                                  | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     39255 | NS      | $3009288.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Haul Holding Co.                             | U-Haul Holding Co.                                                    | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |     39605 | NS      | $2032132.55   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings, Inc.                           | Crown Holdings, Inc.                                                  | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     47777 | NS      | $5001296.36   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                          | STAG Industrial, Inc.                                                 | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     76369 | NS      | $2864601.19   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp.                                | Albemarle Corp.                                                       | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     47900 | NS      | $8173177.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health, Inc.                     | Elanco Animal Health, Inc.                                            | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |    194166 | NS      | $4675517.28   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PVH Corp.                                      | PVH Corp.                                                             | CUSIP: 693656100<br>LEI: 123WALMHY1GZXG2YDL90 | Long             | EC               | CORP              | US        |     19446 | NS      | $1212652.56   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic, Inc.                             | Cirrus Logic, Inc.                                                    | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     21727 | NS      | $2831897.18   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software, Inc.                          | Paycom Software, Inc.                                                 | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |     20644 | NS      | $2781779.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co., Inc.                    | Phillips Edison & Co., Inc.                                           | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |     48790 | NS      | $1767661.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                          | Texas Roadhouse, Inc.                                                 | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     27300 | NS      | $4910178.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co.                               | Hecla Mining Co.                                                      | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |    248973 | NS      | $5606871.96   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International plc                  | Weatherford International plc                                         | CUSIP: N/A<br>LEI: 529900LPBDSCQDJKHQ39       | Long             | EC               | CORP              | IE        |     29892 | NS      | $2812239.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Toro Co. (The)                                 | Toro Co. (The)                                                        | CUSIP: 891092108<br>LEI: YJKE4YIT6BWQHVEW0D14 | Long             | EC               | CORP              | US        |     40819 | NS      | $3734938.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Co.                  | Portland General Electric Co.                                         | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     44766 | NS      | $2249491.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties, Inc.                    | Healthpeak Properties, Inc.                                           | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |    285265 | NS      | $4917968.60   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas, Inc.                                  | ONE Gas, Inc.                                                         | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     23392 | NS      | $1861067.52   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream, Inc.                             | DT Midstream, Inc.                                                    | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     40086 | NS      | $5051637.72   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Rigetti Computing, Inc.                        | Rigetti Computing, Inc.                                               | CUSIP: 76655K103<br>LEI: 52990024JHY459DH8W71 | Long             | EC               | CORP              | US        |    119091 | NS      | $2163883.47   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Crane Co.                                      | Crane Co.                                                             | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |     20150 | NS      | $3680196.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works, Inc.                        | Bath & Body Works, Inc.                                               | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     83792 | NS      | $1826665.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprouts Farmers Market, Inc.                   | Sprouts Farmers Market, Inc.                                          | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     40107 | NS      | $2843987.37   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings, Inc.                          | Silgan Holdings, Inc.                                                 | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |     36156 | NS      | $1560131.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| DaVita, Inc.                                   | DaVita, Inc.                                                          | CUSIP: 23918K108<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | EC               | CORP              | US        |     14315 | NS      | $1565202.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp.                             | Hyatt Hotels Corp., Class A                                           | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |     16472 | NS      | $2575726.64   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner, Inc.                               | BorgWarner, Inc.                                                      | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     85210 | NS      | $4039806.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co. (The)                       | New York Times Co. (The), Class A                                     | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |     63745 | NS      | $4673145.95   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MasTec, Inc.                                   | MasTec, Inc.                                                          | CUSIP: 576323109<br>LEI: 549300TMDIT8WREDOF45 | Long             | EC               | CORP              | US        |     25019 | NS      | $6016569.12   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                        | Webster Financial Corp.                                               | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     66236 | NS      | $4356341.72   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Joby Aviation, Inc.                            | Joby Aviation, Inc.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    228212 | NS      | $2412200.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodward, Inc.                                 | Woodward, Inc.                                                        | CUSIP: 980745103<br>LEI: YPYKXXTR8TFDH54ZMB45 | Long             | EC               | CORP              | US        |     24153 | NS      | $7676789.52   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Norwegian Cruise Line Holdings Ltd.            | Norwegian Cruise Line Holdings Ltd.                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |    181021 | NS      | $3975221.16   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sirius XM Holdings, Inc.                       | Sirius XM Holdings, Inc.                                              | CUSIP: 829933100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77766 | NS      | $1582538.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| MP Materials Corp.                             | MP Materials Corp.                                                    | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |     51110 | NS      | $3003734.70   | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Fortune Brands Innovations, Inc.               | Fortune Brands Innovations, Inc.                                      | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     47624 | NS      | $2576458.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AES Corp. (The)                                | AES Corp. (The)                                                       | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    290162 | NS      | $4250873.30   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus, Inc.                                   | Rambus, Inc.                                                          | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     43892 | NS      | $4996226.36   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast, Inc.                                    | Toast, Inc., Class A                                                  | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    202634 | NS      | $6303943.74   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co. (The)                               | Mosaic Co. (The)                                                      | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    125359 | NS      | $3447372.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp                        | Valley National Bancorp                                               | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    183201 | NS      | $2282684.46   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Reddit, Inc.                                   | Reddit, Inc., Class A                                                 | CUSIP: 75734B100<br>LEI: 529900APN1YHPBHPI679 | Long             | EC               | CORP              | US        |     51652 | NS      | $9311306.04   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp.                                | Flowserve Corp.                                                       | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     53620 | NS      | $4190403.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares, Inc.                          | Home BancShares, Inc.                                                 | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     75331 | NS      | $2177065.90   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts, Inc.                             | Vail Resorts, Inc.                                                    | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |     14422 | NS      | $1919135.54   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Eastman Chemical Co.                           | Eastman Chemical Co.                                                  | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     47189 | NS      | $3271141.48   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                   | Brixmor Property Group, Inc.                                          | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    124970 | NS      | $3347946.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.              | Booz Allen Hamilton Holding Corp.                                     | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     49910 | NS      | $4413042.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna, Inc.                                  | Moderna, Inc.                                                         | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |    141102 | NS      | $6218365.14   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                         | Dycom Industries, Inc.                                                | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     11350 | NS      | $4135826.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corp.                                      | SLM Corp.                                                             | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     80691 | NS      | $2190760.65   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Air Lease Corp.                                | Air Lease Corp., Class A                                              | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     38673 | NS      | $2499435.99   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy, Inc.                                    | Chewy, Inc., Class A                                                  | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |     89809 | NS      | $2614339.99   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.      | Kratos Defense & Security Solutions, Inc.                             | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     67427 | NS      | $6945655.27   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology, Inc.                         | Align Technology, Inc.                                                | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |     28984 | NS      | $4725261.52   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CCC Intelligent Solutions Holdings, Inc.       | CCC Intelligent Solutions Holdings, Inc.                              | CUSIP: 12510Q100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    208091 | NS      | $1577329.78   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes plc                                   | Alkermes plc                                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |     64417 | NS      | $2183092.13   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co.                          | National Fuel Gas Co.                                                 | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |     36999 | NS      | $3098666.25   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding plc               | Sensata Technologies Holding plc                                      | CUSIP: N/A<br>LEI: 529900MS7KFYCY9MS037       | Long             | EC               | CORP              | GB        |     58616 | NS      | $2027527.44   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamar Advertising Co.                          | Lamar Advertising Co., Class A                                        | CUSIP: 512816109<br>LEI: 529900Y8WW4MKVPTB543 | Long             | EC               | CORP              | US        |     35579 | NS      | $4565141.49   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| H&R Block, Inc.                                | H&R Block, Inc.                                                       | CUSIP: 093671105<br>LEI: 549300CE3KUCWLZBG404 | Long             | EC               | CORP              | US        |     54666 | NS      | $2156573.70   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Corp. International                    | Service Corp. International                                           | CUSIP: 817565104<br>LEI: 549300RKVM2ME20JHZ15 | Long             | EC               | CORP              | US        |     58079 | NS      | $4671293.97   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                       | Valmont Industries, Inc.                                              | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      8194 | NS      | $3650918.64   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group, Inc.                | Jefferies Financial Group, Inc.                                       | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     65251 | NS      | $3992056.18   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cabot Corp.                                    | Cabot Corp.                                                           | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |     20729 | NS      | $1496426.51   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku, Inc.                                     | Roku, Inc.                                                            | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |     52300 | NS      | $4978960.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap, Inc.                                     | Snap, Inc., Class A                                                   | CUSIP: 83304A106<br>LEI: 549300JNC0L6VP8A2Q35 | Long             | EC               | CORP              | US        |    432493 | NS      | $2997176.49   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                           | FTI Consulting, Inc.                                                  | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |     13195 | NS      | $2304770.65   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard, Inc.                                   | Lazard, Inc.                                                          | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |     38680 | NS      | $2077889.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies, Inc.          | Applied Industrial Technologies, Inc.                                 | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |     15795 | NS      | $4113175.95   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sotera Health Co.                              | Sotera Health Co.                                                     | CUSIP: 83601L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     62338 | NS      | $1129564.56   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| A O Smith Corp.                                | A O Smith Corp.                                                       | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |     46587 | NS      | $3423678.63   | 0.18%             |  |  |  | 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