# EDGAR Filing Document

**Accession Number:** 0001485894
**File Stem:** 0002071691-25-001868
**Filing Date:** 2025-9
**Character Count:** 265839
**Document Hash:** 68e44a642ad02df3145654597f092160
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-001868.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0002071691-25-001868

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22903
- **FILM NUMBER:** 251341883

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

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

## Series and Classes Contracts Data

### JPMorgan Flexible Income ETF (Series ID: S000088766)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000255141 | JPMorgan Flexible Income ETF | JFLI            |

## Nport-Ex

**JPMorgan Flexible Income ETF**

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

**(Unaudited)** 

---

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

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Exchange-Traded Funds — 66.5%** | **Exchange-Traded Funds — 66.5%** | **Exchange-Traded Funds — 66.5%** |
| **United States — 66.5%** | **United States — 66.5%** | **United States — 66.5%** |
| &nbsp;&nbsp;&nbsp; JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (a) | &nbsp;&nbsp;&nbsp;&nbsp; 231052 | &nbsp;&nbsp;&nbsp;&nbsp; 10750850 |
| &nbsp;&nbsp;&nbsp; JPMorgan Equity Premium Income ETF (a) | &nbsp;&nbsp;&nbsp;&nbsp; 24830 | &nbsp;&nbsp;&nbsp;&nbsp; 1402398 |
| &nbsp;&nbsp;&nbsp; JPMorgan Income ETF (a) | &nbsp;&nbsp;&nbsp;&nbsp; 12837 | &nbsp;&nbsp;&nbsp;&nbsp; 593069 |
| &nbsp;&nbsp;&nbsp; JPMorgan Nasdaq Equity Premium Income ETF (a) | &nbsp;&nbsp;&nbsp;&nbsp; 127514 | &nbsp;&nbsp;&nbsp;&nbsp; 7026022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Exchange-Traded Funds <br>(Cost $20,183,082)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 19772339 |
| **Common Stocks — 29.6%** | **Common Stocks — 29.6%** | **Common Stocks — 29.6%** |
| **Australia — 0.6%** | **Australia — 0.6%** | **Australia — 0.6%** |
| &nbsp;&nbsp;&nbsp; AGL Energy Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2289 | &nbsp;&nbsp;&nbsp;&nbsp; 14265 |
| &nbsp;&nbsp;&nbsp; Atlas Arteria Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1211 | &nbsp;&nbsp;&nbsp;&nbsp; 4000 |
| &nbsp;&nbsp;&nbsp; Bendigo & Adelaide Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 660 | &nbsp;&nbsp;&nbsp;&nbsp; 5171 |
| &nbsp;&nbsp;&nbsp; BHP Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 310 | &nbsp;&nbsp;&nbsp;&nbsp; 7829 |
| &nbsp;&nbsp;&nbsp; Dexus, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 828 | &nbsp;&nbsp;&nbsp;&nbsp; 3738 |
| &nbsp;&nbsp;&nbsp; Fortescue Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 207 | &nbsp;&nbsp;&nbsp;&nbsp; 2342 |
| &nbsp;&nbsp;&nbsp; Glencore plc | &nbsp;&nbsp;&nbsp;&nbsp; 849 | &nbsp;&nbsp;&nbsp;&nbsp; 3407 |
| &nbsp;&nbsp;&nbsp; IGO Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 507 | &nbsp;&nbsp;&nbsp;&nbsp; 1426 |
| &nbsp;&nbsp;&nbsp; Insignia Financial Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1198 | &nbsp;&nbsp;&nbsp;&nbsp; 3451 |
| &nbsp;&nbsp;&nbsp; JB Hi-Fi Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 1710 |
| &nbsp;&nbsp;&nbsp; Magellan Financial Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 264 | &nbsp;&nbsp;&nbsp;&nbsp; 1795 |
| &nbsp;&nbsp;&nbsp; Metcash Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2555 | &nbsp;&nbsp;&nbsp;&nbsp; 6379 |
| &nbsp;&nbsp;&nbsp; New Hope Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 866 | &nbsp;&nbsp;&nbsp;&nbsp; 2313 |
| &nbsp;&nbsp;&nbsp; QBE Insurance Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1597 | &nbsp;&nbsp;&nbsp;&nbsp; 23690 |
| &nbsp;&nbsp;&nbsp; Region Group, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1118 | &nbsp;&nbsp;&nbsp;&nbsp; 1673 |
| &nbsp;&nbsp;&nbsp; Rio Tinto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 201 | &nbsp;&nbsp;&nbsp;&nbsp; 14295 |
| &nbsp;&nbsp;&nbsp; Rio Tinto plc | &nbsp;&nbsp;&nbsp;&nbsp; 624 | &nbsp;&nbsp;&nbsp;&nbsp; 37165 |
| &nbsp;&nbsp;&nbsp; Sonic Healthcare Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 528 | &nbsp;&nbsp;&nbsp;&nbsp; 9324 |
| &nbsp;&nbsp;&nbsp; Woodside Energy Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 682 | &nbsp;&nbsp;&nbsp;&nbsp; 11541 |
| &nbsp;&nbsp;&nbsp; Woolworths Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 531 | &nbsp;&nbsp;&nbsp;&nbsp; 10720 |
| &nbsp;&nbsp;&nbsp; Yancoal Australia Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 635 | &nbsp;&nbsp;&nbsp;&nbsp; 2565 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 168799 |
| **Austria — 0.1%** | **Austria — 0.1%** | **Austria — 0.1%** |
| &nbsp;&nbsp;&nbsp; ANDRITZ AG | &nbsp;&nbsp;&nbsp;&nbsp; 59 | &nbsp;&nbsp;&nbsp;&nbsp; 4106 |
| &nbsp;&nbsp;&nbsp; BAWAG Group AG (b) | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 3281 |
| &nbsp;&nbsp;&nbsp; Erste Group Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; 5852 |
| &nbsp;&nbsp;&nbsp; OMV AG | &nbsp;&nbsp;&nbsp;&nbsp; 259 | &nbsp;&nbsp;&nbsp;&nbsp; 13191 |
| &nbsp;&nbsp;&nbsp; Strabag SE | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 1880 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 28310 |
| **Belgium — 0.1%** | **Belgium — 0.1%** | **Belgium — 0.1%** |
| &nbsp;&nbsp;&nbsp; Ageas SA | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 4216 |
| &nbsp;&nbsp;&nbsp; Anheuser-Busch InBev SA | &nbsp;&nbsp;&nbsp;&nbsp; 82 | &nbsp;&nbsp;&nbsp;&nbsp; 4714 |
| &nbsp;&nbsp;&nbsp; KBC Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 3338 |
| &nbsp;&nbsp;&nbsp; Proximus SADP | &nbsp;&nbsp;&nbsp;&nbsp; 545 | &nbsp;&nbsp;&nbsp;&nbsp; 4528 |
| &nbsp;&nbsp;&nbsp; Solvay SA | &nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; 1911 |
| &nbsp;&nbsp;&nbsp; Umicore SA | &nbsp;&nbsp;&nbsp;&nbsp; 215 | &nbsp;&nbsp;&nbsp;&nbsp; 3398 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 22105 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Canada — 1.7%** | **Canada — 1.7%** | **Canada — 1.7%** |
| &nbsp;&nbsp;&nbsp; Agnico Eagle Mines Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 105 | &nbsp;&nbsp;&nbsp;&nbsp; 13035 |
| &nbsp;&nbsp;&nbsp; Bank of Nova Scotia (The) | &nbsp;&nbsp;&nbsp;&nbsp; 550 | &nbsp;&nbsp;&nbsp;&nbsp; 30600 |
| &nbsp;&nbsp;&nbsp; Barrick Mining Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp; 16888 |
| &nbsp;&nbsp;&nbsp; BCE, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1022 | &nbsp;&nbsp;&nbsp;&nbsp; 23839 |
| &nbsp;&nbsp;&nbsp; Canadian Natural Resources Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 914 | &nbsp;&nbsp;&nbsp;&nbsp; 28932 |
| &nbsp;&nbsp;&nbsp; Enbridge, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 722 | &nbsp;&nbsp;&nbsp;&nbsp; 32697 |
| &nbsp;&nbsp;&nbsp; Fortis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 647 | &nbsp;&nbsp;&nbsp;&nbsp; 31659 |
| &nbsp;&nbsp;&nbsp; Great-West Lifeco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 798 | &nbsp;&nbsp;&nbsp;&nbsp; 29965 |
| &nbsp;&nbsp;&nbsp; Hydro One Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp;&nbsp; 2688 |
| &nbsp;&nbsp;&nbsp; Magna International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 789 | &nbsp;&nbsp;&nbsp;&nbsp; 32355 |
| &nbsp;&nbsp;&nbsp; Nutrien Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 562 | &nbsp;&nbsp;&nbsp;&nbsp; 33344 |
| &nbsp;&nbsp;&nbsp; Pembina Pipeline Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 785 | &nbsp;&nbsp;&nbsp;&nbsp; 29177 |
| &nbsp;&nbsp;&nbsp; Power Corp. of Canada | &nbsp;&nbsp;&nbsp;&nbsp; 795 | &nbsp;&nbsp;&nbsp;&nbsp; 32039 |
| &nbsp;&nbsp;&nbsp; Restaurant Brands International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 405 | &nbsp;&nbsp;&nbsp;&nbsp; 27481 |
| &nbsp;&nbsp;&nbsp; Suncor Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 774 | &nbsp;&nbsp;&nbsp;&nbsp; 30528 |
| &nbsp;&nbsp;&nbsp; TC Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1277 | &nbsp;&nbsp;&nbsp;&nbsp; 60974 |
| &nbsp;&nbsp;&nbsp; Teck Resources Ltd., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 811 |
| &nbsp;&nbsp;&nbsp; TELUS Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1543 | &nbsp;&nbsp;&nbsp;&nbsp; 24855 |
| &nbsp;&nbsp;&nbsp; Tourmaline Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 617 | &nbsp;&nbsp;&nbsp;&nbsp; 26259 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 508126 |
| **China — 0.0% ^** | **China — 0.0% ^** | **China — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Lenovo Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 7693 |
| &nbsp;&nbsp;&nbsp; Wilmar International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1100 | &nbsp;&nbsp;&nbsp;&nbsp; 2490 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 10183 |
| **Denmark — 0.1%** | **Denmark — 0.1%** | **Denmark — 0.1%** |
| &nbsp;&nbsp;&nbsp; Danske Bank A/S | &nbsp;&nbsp;&nbsp;&nbsp; 803 | &nbsp;&nbsp;&nbsp;&nbsp; 31856 |
| &nbsp;&nbsp;&nbsp; Sydbank A/S | &nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 3408 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 35264 |
| **Finland — 0.5%** | **Finland — 0.5%** | **Finland — 0.5%** |
| &nbsp;&nbsp;&nbsp; Fortum OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 261 | &nbsp;&nbsp;&nbsp;&nbsp; 4788 |
| &nbsp;&nbsp;&nbsp; Kemira OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 179 | &nbsp;&nbsp;&nbsp;&nbsp; 3810 |
| &nbsp;&nbsp;&nbsp; Kone OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 105 | &nbsp;&nbsp;&nbsp;&nbsp; 6448 |
| &nbsp;&nbsp;&nbsp; Konecranes OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 73 | &nbsp;&nbsp;&nbsp;&nbsp; 6083 |
| &nbsp;&nbsp;&nbsp; Mandatum OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 357 | &nbsp;&nbsp;&nbsp;&nbsp; 2422 |
| &nbsp;&nbsp;&nbsp; Nordea Bank Abp | &nbsp;&nbsp;&nbsp;&nbsp; 4394 | &nbsp;&nbsp;&nbsp;&nbsp; 64116 |
| &nbsp;&nbsp;&nbsp; Orion OYJ, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 267 | &nbsp;&nbsp;&nbsp;&nbsp; 21376 |
| &nbsp;&nbsp;&nbsp; UPM-Kymmene OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 192 | &nbsp;&nbsp;&nbsp;&nbsp; 4976 |
| &nbsp;&nbsp;&nbsp; Valmet OYJ | &nbsp;&nbsp;&nbsp;&nbsp; 136 | &nbsp;&nbsp;&nbsp;&nbsp; 4907 |
| &nbsp;&nbsp;&nbsp; Wartsila OYJ Abp | &nbsp;&nbsp;&nbsp;&nbsp; 505 | &nbsp;&nbsp;&nbsp;&nbsp; 13952 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 132878 |
| **France — 1.2%** | **France — 1.2%** | **France — 1.2%** |
| &nbsp;&nbsp;&nbsp; Air Liquide SA | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 4328 |
| &nbsp;&nbsp;&nbsp; Amundi SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 37 | &nbsp;&nbsp;&nbsp;&nbsp; 2734 |
| &nbsp;&nbsp;&nbsp; AXA SA | &nbsp;&nbsp;&nbsp;&nbsp; 210 | &nbsp;&nbsp;&nbsp;&nbsp; 10199 |
| &nbsp;&nbsp;&nbsp; Ayvens SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 195 | &nbsp;&nbsp;&nbsp;&nbsp; 2095 |
| &nbsp;&nbsp;&nbsp; Bouygues SA | &nbsp;&nbsp;&nbsp;&nbsp; 98 | &nbsp;&nbsp;&nbsp;&nbsp; 4035 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **France — continued** | **France — continued** | **France — continued** |
| &nbsp;&nbsp;&nbsp; Capgemini SE | &nbsp;&nbsp;&nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp; 7593 |
| &nbsp;&nbsp;&nbsp; Carrefour SA | &nbsp;&nbsp;&nbsp;&nbsp; 923 | &nbsp;&nbsp;&nbsp;&nbsp; 13228 |
| &nbsp;&nbsp;&nbsp; Cie Generale des Etablissements Michelin SCA | &nbsp;&nbsp;&nbsp;&nbsp; 979 | &nbsp;&nbsp;&nbsp;&nbsp; 34829 |
| &nbsp;&nbsp;&nbsp; Coface SA | &nbsp;&nbsp;&nbsp;&nbsp; 163 | &nbsp;&nbsp;&nbsp;&nbsp; 3031 |
| &nbsp;&nbsp;&nbsp; Covivio SA, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 117 | &nbsp;&nbsp;&nbsp;&nbsp; 7575 |
| &nbsp;&nbsp;&nbsp; Danone SA | &nbsp;&nbsp;&nbsp;&nbsp; 159 | &nbsp;&nbsp;&nbsp;&nbsp; 13012 |
| &nbsp;&nbsp;&nbsp; Eiffage SA | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 4161 |
| &nbsp;&nbsp;&nbsp; Engie SA | &nbsp;&nbsp;&nbsp;&nbsp; 2334 | &nbsp;&nbsp;&nbsp;&nbsp; 52464 |
| &nbsp;&nbsp;&nbsp; FDJ UNITED (b) | &nbsp;&nbsp;&nbsp;&nbsp; 103 | &nbsp;&nbsp;&nbsp;&nbsp; 3213 |
| &nbsp;&nbsp;&nbsp; Gaztransport Et Technigaz SA | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 4326 |
| &nbsp;&nbsp;&nbsp; Klepierre SA, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 819 | &nbsp;&nbsp;&nbsp;&nbsp; 31263 |
| &nbsp;&nbsp;&nbsp; LVMH Moet Hennessy Louis Vuitton SE | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 33282 |
| &nbsp;&nbsp;&nbsp; Orange SA | &nbsp;&nbsp;&nbsp;&nbsp; 1061 | &nbsp;&nbsp;&nbsp;&nbsp; 16139 |
| &nbsp;&nbsp;&nbsp; Pernod Ricard SA | &nbsp;&nbsp;&nbsp;&nbsp; 144 | &nbsp;&nbsp;&nbsp;&nbsp; 14799 |
| &nbsp;&nbsp;&nbsp; Rubis SCA | &nbsp;&nbsp;&nbsp;&nbsp; 130 | &nbsp;&nbsp;&nbsp;&nbsp; 4117 |
| &nbsp;&nbsp;&nbsp; Safran SA | &nbsp;&nbsp;&nbsp;&nbsp; 40 | &nbsp;&nbsp;&nbsp;&nbsp; 13190 |
| &nbsp;&nbsp;&nbsp; TotalEnergies SE | &nbsp;&nbsp;&nbsp;&nbsp; 464 | &nbsp;&nbsp;&nbsp;&nbsp; 27592 |
| &nbsp;&nbsp;&nbsp; Unibail-Rodamco-Westfield, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 3684 |
| &nbsp;&nbsp;&nbsp; Vallourec SACA | &nbsp;&nbsp;&nbsp;&nbsp; 158 | &nbsp;&nbsp;&nbsp;&nbsp; 2953 |
| &nbsp;&nbsp;&nbsp; Vinci SA | &nbsp;&nbsp;&nbsp;&nbsp; 254 | &nbsp;&nbsp;&nbsp;&nbsp; 35283 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 349125 |
| **Germany — 1.2%** | **Germany — 1.2%** | **Germany — 1.2%** |
| &nbsp;&nbsp;&nbsp; Allianz SE (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 113 | &nbsp;&nbsp;&nbsp;&nbsp; 44655 |
| &nbsp;&nbsp;&nbsp; BASF SE | &nbsp;&nbsp;&nbsp;&nbsp; 230 | &nbsp;&nbsp;&nbsp;&nbsp; 11272 |
| &nbsp;&nbsp;&nbsp; Bayerische Motoren Werke AG | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 2283 |
| &nbsp;&nbsp;&nbsp; Bilfinger SE | &nbsp;&nbsp;&nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp; 5487 |
| &nbsp;&nbsp;&nbsp; Commerzbank AG | &nbsp;&nbsp;&nbsp;&nbsp; 187 | &nbsp;&nbsp;&nbsp;&nbsp; 6819 |
| &nbsp;&nbsp;&nbsp; Continental AG | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 5979 |
| &nbsp;&nbsp;&nbsp; Deutsche Boerse AG | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 25466 |
| &nbsp;&nbsp;&nbsp; Deutsche Post AG | &nbsp;&nbsp;&nbsp;&nbsp; 120 | &nbsp;&nbsp;&nbsp;&nbsp; 5377 |
| &nbsp;&nbsp;&nbsp; Deutsche Telekom AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 1194 | &nbsp;&nbsp;&nbsp;&nbsp; 42824 |
| &nbsp;&nbsp;&nbsp; Evonik Industries AG | &nbsp;&nbsp;&nbsp;&nbsp; 326 | &nbsp;&nbsp;&nbsp;&nbsp; 6474 |
| &nbsp;&nbsp;&nbsp; Freenet AG | &nbsp;&nbsp;&nbsp;&nbsp; 143 | &nbsp;&nbsp;&nbsp;&nbsp; 4638 |
| &nbsp;&nbsp;&nbsp; Heidelberg Materials AG | &nbsp;&nbsp;&nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 8997 |
| &nbsp;&nbsp;&nbsp; HOCHTIEF AG | &nbsp;&nbsp;&nbsp;&nbsp; 30 | &nbsp;&nbsp;&nbsp;&nbsp; 6537 |
| &nbsp;&nbsp;&nbsp; Mercedes-Benz Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 287 | &nbsp;&nbsp;&nbsp;&nbsp; 16250 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 115 | &nbsp;&nbsp;&nbsp;&nbsp; 75287 |
| &nbsp;&nbsp;&nbsp; RWE AG | &nbsp;&nbsp;&nbsp;&nbsp; 129 | &nbsp;&nbsp;&nbsp;&nbsp; 5292 |
| &nbsp;&nbsp;&nbsp; SAP SE | &nbsp;&nbsp;&nbsp;&nbsp; 94 | &nbsp;&nbsp;&nbsp;&nbsp; 26880 |
| &nbsp;&nbsp;&nbsp; Siemens AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 171 | &nbsp;&nbsp;&nbsp;&nbsp; 43554 |
| &nbsp;&nbsp;&nbsp; Vonovia SE | &nbsp;&nbsp;&nbsp;&nbsp; 308 | &nbsp;&nbsp;&nbsp;&nbsp; 9559 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 353630 |
| **Guatemala — 0.0% ^** | **Guatemala — 0.0% ^** | **Guatemala — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Millicom International Cellular SA | &nbsp;&nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp; 4417 |
| **Hong Kong — 0.2%** | **Hong Kong — 0.2%** | **Hong Kong — 0.2%** |
| &nbsp;&nbsp;&nbsp; Cathay Pacific Airways Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2973 |
| &nbsp;&nbsp;&nbsp; Hang Lung Properties Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6179 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Hong Kong — continued** | **Hong Kong — continued** | **Hong Kong — continued** |
| &nbsp;&nbsp;&nbsp; Henderson Land Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 3499 |
| &nbsp;&nbsp;&nbsp; Hysan Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1990 |
| &nbsp;&nbsp;&nbsp; Man Wah Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2800 | &nbsp;&nbsp;&nbsp;&nbsp; 1580 |
| &nbsp;&nbsp;&nbsp; New World Development Co. Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 819 |
| &nbsp;&nbsp;&nbsp; Orient Overseas International Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 8996 |
| &nbsp;&nbsp;&nbsp; PCCW Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1433 |
| &nbsp;&nbsp;&nbsp; Power Assets Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 9876 |
| &nbsp;&nbsp;&nbsp; Prudential plc | &nbsp;&nbsp;&nbsp;&nbsp; 482 | &nbsp;&nbsp;&nbsp;&nbsp; 6115 |
| &nbsp;&nbsp;&nbsp; United Energy Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 2173 |
| &nbsp;&nbsp;&nbsp; VTech Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 2964 |
| &nbsp;&nbsp;&nbsp; Yue Yuen Industrial Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 5474 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 54071 |
| **Ireland — 0.1%** | **Ireland — 0.1%** | **Ireland — 0.1%** |
| &nbsp;&nbsp;&nbsp; Accenture plc, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 114 | &nbsp;&nbsp;&nbsp;&nbsp; 30450 |
| &nbsp;&nbsp;&nbsp; AIB Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 556 | &nbsp;&nbsp;&nbsp;&nbsp; 4386 |
| &nbsp;&nbsp;&nbsp; Bank of Ireland Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 252 | &nbsp;&nbsp;&nbsp;&nbsp; 3379 |
| &nbsp;&nbsp;&nbsp; Cairn Homes plc | &nbsp;&nbsp;&nbsp;&nbsp; 1655 | &nbsp;&nbsp;&nbsp;&nbsp; 4117 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 42332 |
| **Israel — 0.0% ^** | **Israel — 0.0% ^** | **Israel — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Delek Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 4062 |
| &nbsp;&nbsp;&nbsp; Plus500 Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; 2840 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6902 |
| **Italy — 0.7%** | **Italy — 0.7%** | **Italy — 0.7%** |
| &nbsp;&nbsp;&nbsp; A2A SpA | &nbsp;&nbsp;&nbsp;&nbsp; 1237 | &nbsp;&nbsp;&nbsp;&nbsp; 3014 |
| &nbsp;&nbsp;&nbsp; Azimut Holding SpA | &nbsp;&nbsp;&nbsp;&nbsp; 99 | &nbsp;&nbsp;&nbsp;&nbsp; 3365 |
| &nbsp;&nbsp;&nbsp; Banca Generali SpA | &nbsp;&nbsp;&nbsp;&nbsp; 56 | &nbsp;&nbsp;&nbsp;&nbsp; 3128 |
| &nbsp;&nbsp;&nbsp; Banca Mediolanum SpA | &nbsp;&nbsp;&nbsp;&nbsp; 891 | &nbsp;&nbsp;&nbsp;&nbsp; 15716 |
| &nbsp;&nbsp;&nbsp; Banca Monte dei Paschi di Siena SpA | &nbsp;&nbsp;&nbsp;&nbsp; 243 | &nbsp;&nbsp;&nbsp;&nbsp; 2069 |
| &nbsp;&nbsp;&nbsp; Banco BPM SpA | &nbsp;&nbsp;&nbsp;&nbsp; 362 | &nbsp;&nbsp;&nbsp;&nbsp; 4617 |
| &nbsp;&nbsp;&nbsp; BPER Banca SpA | &nbsp;&nbsp;&nbsp;&nbsp; 446 | &nbsp;&nbsp;&nbsp;&nbsp; 4389 |
| &nbsp;&nbsp;&nbsp; Coca-Cola HBC AG | &nbsp;&nbsp;&nbsp;&nbsp; 91 | &nbsp;&nbsp;&nbsp;&nbsp; 4729 |
| &nbsp;&nbsp;&nbsp; Enel SpA | &nbsp;&nbsp;&nbsp;&nbsp; 3421 | &nbsp;&nbsp;&nbsp;&nbsp; 30167 |
| &nbsp;&nbsp;&nbsp; Eni SpA | &nbsp;&nbsp;&nbsp;&nbsp; 1364 | &nbsp;&nbsp;&nbsp;&nbsp; 23280 |
| &nbsp;&nbsp;&nbsp; FinecoBank Banca Fineco SpA | &nbsp;&nbsp;&nbsp;&nbsp; 147 | &nbsp;&nbsp;&nbsp;&nbsp; 3130 |
| &nbsp;&nbsp;&nbsp; Generali | &nbsp;&nbsp;&nbsp;&nbsp; 157 | &nbsp;&nbsp;&nbsp;&nbsp; 5857 |
| &nbsp;&nbsp;&nbsp; Intesa Sanpaolo SpA | &nbsp;&nbsp;&nbsp;&nbsp; 6056 | &nbsp;&nbsp;&nbsp;&nbsp; 36489 |
| &nbsp;&nbsp;&nbsp; Maire SpA | &nbsp;&nbsp;&nbsp;&nbsp; 345 | &nbsp;&nbsp;&nbsp;&nbsp; 4792 |
| &nbsp;&nbsp;&nbsp; Mediobanca Banca di Credito Finanziario SpA | &nbsp;&nbsp;&nbsp;&nbsp; 186 | &nbsp;&nbsp;&nbsp;&nbsp; 4095 |
| &nbsp;&nbsp;&nbsp; Poste Italiane SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 198 | &nbsp;&nbsp;&nbsp;&nbsp; 4278 |
| &nbsp;&nbsp;&nbsp; Ryanair Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 438 | &nbsp;&nbsp;&nbsp;&nbsp; 12878 |
| &nbsp;&nbsp;&nbsp; Snam SpA | &nbsp;&nbsp;&nbsp;&nbsp; 676 | &nbsp;&nbsp;&nbsp;&nbsp; 3918 |
| &nbsp;&nbsp;&nbsp; Technogym SpA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 292 | &nbsp;&nbsp;&nbsp;&nbsp; 4505 |
| &nbsp;&nbsp;&nbsp; UniCredit SpA | &nbsp;&nbsp;&nbsp;&nbsp; 447 | &nbsp;&nbsp;&nbsp;&nbsp; 32888 |
| &nbsp;&nbsp;&nbsp; Unipol Assicurazioni SpA | &nbsp;&nbsp;&nbsp;&nbsp; 201 | &nbsp;&nbsp;&nbsp;&nbsp; 4032 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 211336 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Ivory Coast — 0.0% ^** | **Ivory Coast — 0.0% ^** | **Ivory Coast — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Endeavour Mining plc | &nbsp;&nbsp;&nbsp;&nbsp; 171 | &nbsp;&nbsp;&nbsp;&nbsp; 5187 |
| **Japan — 1.6%** | **Japan — 1.6%** | **Japan — 1.6%** |
| &nbsp;&nbsp;&nbsp; Activia Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 2563 |
| &nbsp;&nbsp;&nbsp; AEON REIT Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 3410 |
| &nbsp;&nbsp;&nbsp; Aozora Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 14671 |
| &nbsp;&nbsp;&nbsp; Bridgestone Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 16180 |
| &nbsp;&nbsp;&nbsp; Canon, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 14201 |
| &nbsp;&nbsp;&nbsp; Chubu Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 3669 |
| &nbsp;&nbsp;&nbsp; Chugoku Electric Power Co., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 5445 |
| &nbsp;&nbsp;&nbsp; Cosmo Energy Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 4438 |
| &nbsp;&nbsp;&nbsp; Dai Nippon Printing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 9240 |
| &nbsp;&nbsp;&nbsp; Dai-ichi Life Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp; 6330 |
| &nbsp;&nbsp;&nbsp; Electric Power Development Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 12114 |
| &nbsp;&nbsp;&nbsp; ENEOS Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 7873 |
| &nbsp;&nbsp;&nbsp; FANUC Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 11135 |
| &nbsp;&nbsp;&nbsp; Frontier Real Estate Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 2282 |
| &nbsp;&nbsp;&nbsp; Idemitsu Kosan Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 12857 |
| &nbsp;&nbsp;&nbsp; Industrial & Infrastructure Fund Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 4091 |
| &nbsp;&nbsp;&nbsp; Inpex Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 5696 |
| &nbsp;&nbsp;&nbsp; Isuzu Motors Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 1282 |
| &nbsp;&nbsp;&nbsp; Japan Exchange Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1200 | &nbsp;&nbsp;&nbsp;&nbsp; 11727 |
| &nbsp;&nbsp;&nbsp; Japan Metropolitan Fund Invest, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 16001 |
| &nbsp;&nbsp;&nbsp; Japan Post Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 6482 |
| &nbsp;&nbsp;&nbsp; Japan Tobacco, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 8568 |
| &nbsp;&nbsp;&nbsp; Kansai Electric Power Co., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 3602 |
| &nbsp;&nbsp;&nbsp; KDX Realty Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 5373 |
| &nbsp;&nbsp;&nbsp; Kirin Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp; 10542 |
| &nbsp;&nbsp;&nbsp; Kobe Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 5494 |
| &nbsp;&nbsp;&nbsp; Kyushu Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 2660 |
| &nbsp;&nbsp;&nbsp; Kyushu Railway Co. | &nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 14510 |
| &nbsp;&nbsp;&nbsp; Lixil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 3476 |
| &nbsp;&nbsp;&nbsp; Matsui Securities Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 978 |
| &nbsp;&nbsp;&nbsp; Mazda Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 300 | &nbsp;&nbsp;&nbsp;&nbsp; 1799 |
| &nbsp;&nbsp;&nbsp; Mitsubishi Chemical Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1800 | &nbsp;&nbsp;&nbsp;&nbsp; 9804 |
| &nbsp;&nbsp;&nbsp; Mitsubishi UFJ Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1600 | &nbsp;&nbsp;&nbsp;&nbsp; 22052 |
| &nbsp;&nbsp;&nbsp; Nippon Building Fund, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp;&nbsp; 917 |
| &nbsp;&nbsp;&nbsp; Nippon Shokubai Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 2274 |
| &nbsp;&nbsp;&nbsp; Nippon Steel Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp; 15406 |
| &nbsp;&nbsp;&nbsp; Nomura Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 4624 |
| &nbsp;&nbsp;&nbsp; Ono Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 1118 |
| &nbsp;&nbsp;&nbsp; Pola Orbis Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 1688 |
| &nbsp;&nbsp;&nbsp; Sekisui House REIT, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 5 | &nbsp;&nbsp;&nbsp;&nbsp; 2597 |
| &nbsp;&nbsp;&nbsp; Shin-Etsu Chemical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1100 | &nbsp;&nbsp;&nbsp;&nbsp; 31655 |
| &nbsp;&nbsp;&nbsp; SoftBank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 14600 | &nbsp;&nbsp;&nbsp;&nbsp; 21095 |
| &nbsp;&nbsp;&nbsp; Sony Group Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 700 | &nbsp;&nbsp;&nbsp;&nbsp; 16837 |
| &nbsp;&nbsp;&nbsp; Sumitomo Rubber Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 2286 |
| &nbsp;&nbsp;&nbsp; Suzuki Motor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 16481 |
| &nbsp;&nbsp;&nbsp; Takeda Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 16482 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Japan — continued** | **Japan — continued** | **Japan — continued** |
| &nbsp;&nbsp;&nbsp; Tokio Marine Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 600 | &nbsp;&nbsp;&nbsp;&nbsp; 24092 |
| &nbsp;&nbsp;&nbsp; Tokyo Electron Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 31796 |
| &nbsp;&nbsp;&nbsp; Toyo Tire Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 4236 |
| &nbsp;&nbsp;&nbsp; United Urban Investment Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 9882 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 464011 |
| **Netherlands — 0.5%** | **Netherlands — 0.5%** | **Netherlands — 0.5%** |
| &nbsp;&nbsp;&nbsp; ABN AMRO Bank NV, CVA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 497 | &nbsp;&nbsp;&nbsp;&nbsp; 14368 |
| &nbsp;&nbsp;&nbsp; ASML Holding NV | &nbsp;&nbsp;&nbsp;&nbsp; 51 | &nbsp;&nbsp;&nbsp;&nbsp; 35347 |
| &nbsp;&nbsp;&nbsp; ASR Nederland NV | &nbsp;&nbsp;&nbsp;&nbsp; 63 | &nbsp;&nbsp;&nbsp;&nbsp; 4185 |
| &nbsp;&nbsp;&nbsp; BE Semiconductor Industries NV | &nbsp;&nbsp;&nbsp;&nbsp; 86 | &nbsp;&nbsp;&nbsp;&nbsp; 11620 |
| &nbsp;&nbsp;&nbsp; Heineken NV | &nbsp;&nbsp;&nbsp;&nbsp; 128 | &nbsp;&nbsp;&nbsp;&nbsp; 10047 |
| &nbsp;&nbsp;&nbsp; ING Groep NV | &nbsp;&nbsp;&nbsp;&nbsp; 331 | &nbsp;&nbsp;&nbsp;&nbsp; 7714 |
| &nbsp;&nbsp;&nbsp; Koninklijke Ahold Delhaize NV | &nbsp;&nbsp;&nbsp;&nbsp; 199 | &nbsp;&nbsp;&nbsp;&nbsp; 7860 |
| &nbsp;&nbsp;&nbsp; Koninklijke BAM Groep NV | &nbsp;&nbsp;&nbsp;&nbsp; 722 | &nbsp;&nbsp;&nbsp;&nbsp; 6303 |
| &nbsp;&nbsp;&nbsp; Koninklijke Heijmans N.V., CVA | &nbsp;&nbsp;&nbsp;&nbsp; 90 | &nbsp;&nbsp;&nbsp;&nbsp; 5736 |
| &nbsp;&nbsp;&nbsp; Koninklijke KPN NV | &nbsp;&nbsp;&nbsp;&nbsp; 4749 | &nbsp;&nbsp;&nbsp;&nbsp; 21216 |
| &nbsp;&nbsp;&nbsp; NN Group NV | &nbsp;&nbsp;&nbsp;&nbsp; 76 | &nbsp;&nbsp;&nbsp;&nbsp; 5118 |
| &nbsp;&nbsp;&nbsp; NXP Semiconductors NV | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 13254 |
| &nbsp;&nbsp;&nbsp; OCI NV | &nbsp;&nbsp;&nbsp;&nbsp; 575 | &nbsp;&nbsp;&nbsp;&nbsp; 4789 |
| &nbsp;&nbsp;&nbsp; Randstad NV | &nbsp;&nbsp;&nbsp;&nbsp; 99 | &nbsp;&nbsp;&nbsp;&nbsp; 4705 |
| &nbsp;&nbsp;&nbsp; SBM Offshore NV | &nbsp;&nbsp;&nbsp;&nbsp; 231 | &nbsp;&nbsp;&nbsp;&nbsp; 6024 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 158286 |
| **New Zealand — 0.0% ^** | **New Zealand — 0.0% ^** | **New Zealand — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Spark New Zealand Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2964 | &nbsp;&nbsp;&nbsp;&nbsp; 4243 |
| **Norway — 0.4%** | **Norway — 0.4%** | **Norway — 0.4%** |
| &nbsp;&nbsp;&nbsp; Aker BP ASA | &nbsp;&nbsp;&nbsp;&nbsp; 507 | &nbsp;&nbsp;&nbsp;&nbsp; 12197 |
| &nbsp;&nbsp;&nbsp; Aker Solutions ASA | &nbsp;&nbsp;&nbsp;&nbsp; 1162 | &nbsp;&nbsp;&nbsp;&nbsp; 3437 |
| &nbsp;&nbsp;&nbsp; DNB Bank ASA | &nbsp;&nbsp;&nbsp;&nbsp; 177 | &nbsp;&nbsp;&nbsp;&nbsp; 4478 |
| &nbsp;&nbsp;&nbsp; DOF Group ASA | &nbsp;&nbsp;&nbsp;&nbsp; 433 | &nbsp;&nbsp;&nbsp;&nbsp; 3965 |
| &nbsp;&nbsp;&nbsp; Equinor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 1236 | &nbsp;&nbsp;&nbsp;&nbsp; 31750 |
| &nbsp;&nbsp;&nbsp; Gjensidige Forsikring ASA | &nbsp;&nbsp;&nbsp;&nbsp; 98 | &nbsp;&nbsp;&nbsp;&nbsp; 2578 |
| &nbsp;&nbsp;&nbsp; Norsk Hydro ASA | &nbsp;&nbsp;&nbsp;&nbsp; 906 | &nbsp;&nbsp;&nbsp;&nbsp; 5370 |
| &nbsp;&nbsp;&nbsp; Orkla ASA | &nbsp;&nbsp;&nbsp;&nbsp; 226 | &nbsp;&nbsp;&nbsp;&nbsp; 2376 |
| &nbsp;&nbsp;&nbsp; Salmar ASA | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 3575 |
| &nbsp;&nbsp;&nbsp; Telenor ASA | &nbsp;&nbsp;&nbsp;&nbsp; 1993 | &nbsp;&nbsp;&nbsp;&nbsp; 30574 |
| &nbsp;&nbsp;&nbsp; Var Energi ASA | &nbsp;&nbsp;&nbsp;&nbsp; 1456 | &nbsp;&nbsp;&nbsp;&nbsp; 4987 |
| &nbsp;&nbsp;&nbsp; Vend Marketplaces ASA, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 131 | &nbsp;&nbsp;&nbsp;&nbsp; 5171 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 110458 |
| **Peru — 0.0% ^** | **Peru — 0.0% ^** | **Peru — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Credicorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 6636 |
| **Poland — 0.0% ^** | **Poland — 0.0% ^** | **Poland — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Santander Bank Polska SA | &nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 2333 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Portugal — 0.0% ^** | **Portugal — 0.0% ^** | **Portugal — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Banco Comercial Portugues SA, Class R | &nbsp;&nbsp;&nbsp;&nbsp; 3724 | &nbsp;&nbsp;&nbsp;&nbsp; 3058 |
| &nbsp;&nbsp;&nbsp; NOS SGPS SA | &nbsp;&nbsp;&nbsp;&nbsp; 934 | &nbsp;&nbsp;&nbsp;&nbsp; 3850 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 6908 |
| **Singapore — 0.3%** | **Singapore — 0.3%** | **Singapore — 0.3%** |
| &nbsp;&nbsp;&nbsp; CapitaLand Ascendas, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 3200 | &nbsp;&nbsp;&nbsp;&nbsp; 6851 |
| &nbsp;&nbsp;&nbsp; DBS Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1400 | &nbsp;&nbsp;&nbsp;&nbsp; 51386 |
| &nbsp;&nbsp;&nbsp; Singapore Telecommunications Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 17881 |
| &nbsp;&nbsp;&nbsp; Venture Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 400 | &nbsp;&nbsp;&nbsp;&nbsp; 3968 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 80086 |
| **South Africa — 0.0% ^** | **South Africa — 0.0% ^** | **South Africa — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Anglo American plc | &nbsp;&nbsp;&nbsp;&nbsp; 295 | &nbsp;&nbsp;&nbsp;&nbsp; 8301 |
| **South Korea — 0.1%** | **South Korea — 0.1%** | **South Korea — 0.1%** |
| &nbsp;&nbsp;&nbsp; Cheil Worldwide, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 63 | &nbsp;&nbsp;&nbsp;&nbsp; 900 |
| &nbsp;&nbsp;&nbsp; Hana Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 72 | &nbsp;&nbsp;&nbsp;&nbsp; 4402 |
| &nbsp;&nbsp;&nbsp; Kia Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 63 | &nbsp;&nbsp;&nbsp;&nbsp; 4610 |
| &nbsp;&nbsp;&nbsp; KT&G Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 4311 |
| &nbsp;&nbsp;&nbsp; Woori Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 147 | &nbsp;&nbsp;&nbsp;&nbsp; 2608 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 16831 |
| **Spain — 0.6%** | **Spain — 0.6%** | **Spain — 0.6%** |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y Servicios SA | &nbsp;&nbsp;&nbsp;&nbsp; 78 | &nbsp;&nbsp;&nbsp;&nbsp; 5383 |
| &nbsp;&nbsp;&nbsp; Aena SME SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 744 | &nbsp;&nbsp;&nbsp;&nbsp; 20035 |
| &nbsp;&nbsp;&nbsp; Banco Bilbao Vizcaya Argentaria SA | &nbsp;&nbsp;&nbsp;&nbsp; 663 | &nbsp;&nbsp;&nbsp;&nbsp; 11058 |
| &nbsp;&nbsp;&nbsp; Banco de Sabadell SA | &nbsp;&nbsp;&nbsp;&nbsp; 867 | &nbsp;&nbsp;&nbsp;&nbsp; 3200 |
| &nbsp;&nbsp;&nbsp; Banco Santander SA | &nbsp;&nbsp;&nbsp;&nbsp; 1545 | &nbsp;&nbsp;&nbsp;&nbsp; 13273 |
| &nbsp;&nbsp;&nbsp; Bankinter SA | &nbsp;&nbsp;&nbsp;&nbsp; 155 | &nbsp;&nbsp;&nbsp;&nbsp; 2213 |
| &nbsp;&nbsp;&nbsp; CaixaBank SA | &nbsp;&nbsp;&nbsp;&nbsp; 669 | &nbsp;&nbsp;&nbsp;&nbsp; 6294 |
| &nbsp;&nbsp;&nbsp; Enagas SA | &nbsp;&nbsp;&nbsp;&nbsp; 72 | &nbsp;&nbsp;&nbsp;&nbsp; 1078 |
| &nbsp;&nbsp;&nbsp; Endesa SA | &nbsp;&nbsp;&nbsp;&nbsp; 1246 | &nbsp;&nbsp;&nbsp;&nbsp; 36046 |
| &nbsp;&nbsp;&nbsp; Iberdrola SA | &nbsp;&nbsp;&nbsp;&nbsp; 2398 | &nbsp;&nbsp;&nbsp;&nbsp; 42148 |
| &nbsp;&nbsp;&nbsp; Logista Integral SA | &nbsp;&nbsp;&nbsp;&nbsp; 128 | &nbsp;&nbsp;&nbsp;&nbsp; 4051 |
| &nbsp;&nbsp;&nbsp; Mapfre SA | &nbsp;&nbsp;&nbsp;&nbsp; 924 | &nbsp;&nbsp;&nbsp;&nbsp; 3763 |
| &nbsp;&nbsp;&nbsp; Naturgy Energy Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 500 | &nbsp;&nbsp;&nbsp;&nbsp; 15680 |
| &nbsp;&nbsp;&nbsp; Unicaja Banco SA (b) | &nbsp;&nbsp;&nbsp;&nbsp; 934 | &nbsp;&nbsp;&nbsp;&nbsp; 2454 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 166676 |
| **Sweden — 0.5%** | **Sweden — 0.5%** | **Sweden — 0.5%** |
| &nbsp;&nbsp;&nbsp; Betsson AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 252 | &nbsp;&nbsp;&nbsp;&nbsp; 4267 |
| &nbsp;&nbsp;&nbsp; Loomis AB | &nbsp;&nbsp;&nbsp;&nbsp; 102 | &nbsp;&nbsp;&nbsp;&nbsp; 4033 |
| &nbsp;&nbsp;&nbsp; NCC AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 211 | &nbsp;&nbsp;&nbsp;&nbsp; 3995 |
| &nbsp;&nbsp;&nbsp; SSAB AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 561 | &nbsp;&nbsp;&nbsp;&nbsp; 3171 |
| &nbsp;&nbsp;&nbsp; Svenska Handelsbanken AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 351 | &nbsp;&nbsp;&nbsp;&nbsp; 4277 |
| &nbsp;&nbsp;&nbsp; Swedbank AB, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 141 | &nbsp;&nbsp;&nbsp;&nbsp; 3755 |
| &nbsp;&nbsp;&nbsp; Tele2 AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 2288 | &nbsp;&nbsp;&nbsp;&nbsp; 35361 |
| &nbsp;&nbsp;&nbsp; Telia Co. AB (c) | &nbsp;&nbsp;&nbsp;&nbsp; 1437 | &nbsp;&nbsp;&nbsp;&nbsp; 5075 |
| &nbsp;&nbsp;&nbsp; Volvo AB, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 2980 | &nbsp;&nbsp;&nbsp;&nbsp; 85585 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 149519 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Switzerland — 0.1%** | **Switzerland — 0.1%** | **Switzerland — 0.1%** |
| &nbsp;&nbsp;&nbsp; ABB Ltd. (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 129 | &nbsp;&nbsp;&nbsp;&nbsp; 8423 |
| &nbsp;&nbsp;&nbsp; Adecco Group AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 156 | &nbsp;&nbsp;&nbsp;&nbsp; 4912 |
| &nbsp;&nbsp;&nbsp; Cembra Money Bank AG | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 2806 |
| &nbsp;&nbsp;&nbsp; Cie Financiere Richemont SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 9797 |
| &nbsp;&nbsp;&nbsp; Temenos AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 5546 |
| &nbsp;&nbsp;&nbsp; Zurich Insurance Group AG | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 8867 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 40351 |
| **Taiwan — 0.4%** | **Taiwan — 0.4%** | **Taiwan — 0.4%** |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 115498 |
| **United Kingdom — 1.4%** | **United Kingdom — 1.4%** | **United Kingdom — 1.4%** |
| &nbsp;&nbsp;&nbsp; Admiral Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 94 | &nbsp;&nbsp;&nbsp;&nbsp; 4237 |
| &nbsp;&nbsp;&nbsp; AstraZeneca plc | &nbsp;&nbsp;&nbsp;&nbsp; 323 | &nbsp;&nbsp;&nbsp;&nbsp; 47123 |
| &nbsp;&nbsp;&nbsp; Aviva plc | &nbsp;&nbsp;&nbsp;&nbsp; 615 | &nbsp;&nbsp;&nbsp;&nbsp; 5255 |
| &nbsp;&nbsp;&nbsp; B&M European Value Retail SA | &nbsp;&nbsp;&nbsp;&nbsp; 2158 | &nbsp;&nbsp;&nbsp;&nbsp; 6379 |
| &nbsp;&nbsp;&nbsp; Balfour Beatty plc | &nbsp;&nbsp;&nbsp;&nbsp; 816 | &nbsp;&nbsp;&nbsp;&nbsp; 5832 |
| &nbsp;&nbsp;&nbsp; Barclays plc | &nbsp;&nbsp;&nbsp;&nbsp; 1552 | &nbsp;&nbsp;&nbsp;&nbsp; 7586 |
| &nbsp;&nbsp;&nbsp; Barratt Redrow plc | &nbsp;&nbsp;&nbsp;&nbsp; 3217 | &nbsp;&nbsp;&nbsp;&nbsp; 15842 |
| &nbsp;&nbsp;&nbsp; Beazley plc | &nbsp;&nbsp;&nbsp;&nbsp; 251 | &nbsp;&nbsp;&nbsp;&nbsp; 2958 |
| &nbsp;&nbsp;&nbsp; British American Tobacco plc | &nbsp;&nbsp;&nbsp;&nbsp; 688 | &nbsp;&nbsp;&nbsp;&nbsp; 36861 |
| &nbsp;&nbsp;&nbsp; British Land Co. plc (The), REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1195 | &nbsp;&nbsp;&nbsp;&nbsp; 5492 |
| &nbsp;&nbsp;&nbsp; BT Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 1690 | &nbsp;&nbsp;&nbsp;&nbsp; 4616 |
| &nbsp;&nbsp;&nbsp; Centrica plc | &nbsp;&nbsp;&nbsp;&nbsp; 2810 | &nbsp;&nbsp;&nbsp;&nbsp; 6108 |
| &nbsp;&nbsp;&nbsp; Drax Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 584 | &nbsp;&nbsp;&nbsp;&nbsp; 5454 |
| &nbsp;&nbsp;&nbsp; Dunelm Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 252 | &nbsp;&nbsp;&nbsp;&nbsp; 4042 |
| &nbsp;&nbsp;&nbsp; Games Workshop Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 16 | &nbsp;&nbsp;&nbsp;&nbsp; 3428 |
| &nbsp;&nbsp;&nbsp; Hammerson plc, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 673 | &nbsp;&nbsp;&nbsp;&nbsp; 2630 |
| &nbsp;&nbsp;&nbsp; HSBC Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 1506 | &nbsp;&nbsp;&nbsp;&nbsp; 18348 |
| &nbsp;&nbsp;&nbsp; IG Group Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 108 | &nbsp;&nbsp;&nbsp;&nbsp; 1608 |
| &nbsp;&nbsp;&nbsp; International Consolidated Airlines Group SA | &nbsp;&nbsp;&nbsp;&nbsp; 798 | &nbsp;&nbsp;&nbsp;&nbsp; 3987 |
| &nbsp;&nbsp;&nbsp; Investec plc | &nbsp;&nbsp;&nbsp;&nbsp; 431 | &nbsp;&nbsp;&nbsp;&nbsp; 3196 |
| &nbsp;&nbsp;&nbsp; ITV plc | &nbsp;&nbsp;&nbsp;&nbsp; 3698 | &nbsp;&nbsp;&nbsp;&nbsp; 4011 |
| &nbsp;&nbsp;&nbsp; J Sainsbury plc | &nbsp;&nbsp;&nbsp;&nbsp; 1475 | &nbsp;&nbsp;&nbsp;&nbsp; 5898 |
| &nbsp;&nbsp;&nbsp; JET2 plc | &nbsp;&nbsp;&nbsp;&nbsp; 167 | &nbsp;&nbsp;&nbsp;&nbsp; 3577 |
| &nbsp;&nbsp;&nbsp; Johnson Matthey plc | &nbsp;&nbsp;&nbsp;&nbsp; 219 | &nbsp;&nbsp;&nbsp;&nbsp; 5103 |
| &nbsp;&nbsp;&nbsp; Lancashire Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 398 | &nbsp;&nbsp;&nbsp;&nbsp; 3290 |
| &nbsp;&nbsp;&nbsp; Land Securities Group plc, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1090 | &nbsp;&nbsp;&nbsp;&nbsp; 8289 |
| &nbsp;&nbsp;&nbsp; Legal & General Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 1373 | &nbsp;&nbsp;&nbsp;&nbsp; 4645 |
| &nbsp;&nbsp;&nbsp; Lloyds Banking Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 7732 | &nbsp;&nbsp;&nbsp;&nbsp; 7929 |
| &nbsp;&nbsp;&nbsp; M&G plc | &nbsp;&nbsp;&nbsp;&nbsp; 2008 | &nbsp;&nbsp;&nbsp;&nbsp; 6911 |
| &nbsp;&nbsp;&nbsp; Mitie Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 2679 | &nbsp;&nbsp;&nbsp;&nbsp; 4968 |
| &nbsp;&nbsp;&nbsp; Morgan Sindall Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 4308 |
| &nbsp;&nbsp;&nbsp; National Grid plc | &nbsp;&nbsp;&nbsp;&nbsp; 391 | &nbsp;&nbsp;&nbsp;&nbsp; 5494 |
| &nbsp;&nbsp;&nbsp; NatWest Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 852 | &nbsp;&nbsp;&nbsp;&nbsp; 5914 |
| &nbsp;&nbsp;&nbsp; Next plc | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 5032 |
| &nbsp;&nbsp;&nbsp; Pennon Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 761 | &nbsp;&nbsp;&nbsp;&nbsp; 5028 |
| &nbsp;&nbsp;&nbsp; Persimmon plc | &nbsp;&nbsp;&nbsp;&nbsp; 436 | &nbsp;&nbsp;&nbsp;&nbsp; 6574 |
| &nbsp;&nbsp;&nbsp; Phoenix Group Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 1070 | &nbsp;&nbsp;&nbsp;&nbsp; 9357 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United Kingdom — continued** | **United Kingdom — continued** | **United Kingdom — continued** |
| &nbsp;&nbsp;&nbsp; RELX plc | &nbsp;&nbsp;&nbsp;&nbsp; 846 | &nbsp;&nbsp;&nbsp;&nbsp; 43959 |
| &nbsp;&nbsp;&nbsp; Sage Group plc (The) | &nbsp;&nbsp;&nbsp;&nbsp; 460 | &nbsp;&nbsp;&nbsp;&nbsp; 7386 |
| &nbsp;&nbsp;&nbsp; SSE plc | &nbsp;&nbsp;&nbsp;&nbsp; 304 | &nbsp;&nbsp;&nbsp;&nbsp; 7452 |
| &nbsp;&nbsp;&nbsp; Taylor Wimpey plc | &nbsp;&nbsp;&nbsp;&nbsp; 2224 | &nbsp;&nbsp;&nbsp;&nbsp; 2992 |
| &nbsp;&nbsp;&nbsp; Telecom Plus plc | &nbsp;&nbsp;&nbsp;&nbsp; 189 | &nbsp;&nbsp;&nbsp;&nbsp; 4605 |
| &nbsp;&nbsp;&nbsp; Tesco plc | &nbsp;&nbsp;&nbsp;&nbsp; 4611 | &nbsp;&nbsp;&nbsp;&nbsp; 25907 |
| &nbsp;&nbsp;&nbsp; TP ICAP Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 867 | &nbsp;&nbsp;&nbsp;&nbsp; 3500 |
| &nbsp;&nbsp;&nbsp; Unilever plc | &nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 3945 |
| &nbsp;&nbsp;&nbsp; Vodafone Group plc | &nbsp;&nbsp;&nbsp;&nbsp; 29046 | &nbsp;&nbsp;&nbsp;&nbsp; 31492 |
| &nbsp;&nbsp;&nbsp; WPP plc | &nbsp;&nbsp;&nbsp;&nbsp; 1094 | &nbsp;&nbsp;&nbsp;&nbsp; 5923 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 424471 |
| **United States — 17.2%** | **United States — 17.2%** | **United States — 17.2%** |
| &nbsp;&nbsp;&nbsp; 3M Co. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 29844 |
| &nbsp;&nbsp;&nbsp; Abbott Laboratories | &nbsp;&nbsp;&nbsp;&nbsp; 311 | &nbsp;&nbsp;&nbsp;&nbsp; 39245 |
| &nbsp;&nbsp;&nbsp; AbbVie, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 387 | &nbsp;&nbsp;&nbsp;&nbsp; 73151 |
| &nbsp;&nbsp;&nbsp; Alexandria Real Estate Equities, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 25 | &nbsp;&nbsp;&nbsp;&nbsp; 1911 |
| &nbsp;&nbsp;&nbsp; Alliant Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 258 | &nbsp;&nbsp;&nbsp;&nbsp; 16773 |
| &nbsp;&nbsp;&nbsp; Altria Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 539 | &nbsp;&nbsp;&nbsp;&nbsp; 33386 |
| &nbsp;&nbsp;&nbsp; Amcor plc | &nbsp;&nbsp;&nbsp;&nbsp; 746 | &nbsp;&nbsp;&nbsp;&nbsp; 6975 |
| &nbsp;&nbsp;&nbsp; American Electric Power Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 290 | &nbsp;&nbsp;&nbsp;&nbsp; 32811 |
| &nbsp;&nbsp;&nbsp; American Tower Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 144 | &nbsp;&nbsp;&nbsp;&nbsp; 30008 |
| &nbsp;&nbsp;&nbsp; Amgen, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 100 | &nbsp;&nbsp;&nbsp;&nbsp; 29510 |
| &nbsp;&nbsp;&nbsp; Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 234 | &nbsp;&nbsp;&nbsp;&nbsp; 52563 |
| &nbsp;&nbsp;&nbsp; Annaly Capital Management, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1431 | &nbsp;&nbsp;&nbsp;&nbsp; 29092 |
| &nbsp;&nbsp;&nbsp; Apple, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 389 | &nbsp;&nbsp;&nbsp;&nbsp; 80745 |
| &nbsp;&nbsp;&nbsp; Archer-Daniels-Midland Co. | &nbsp;&nbsp;&nbsp;&nbsp; 558 | &nbsp;&nbsp;&nbsp;&nbsp; 30232 |
| &nbsp;&nbsp;&nbsp; AT&T, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2645 | &nbsp;&nbsp;&nbsp;&nbsp; 72499 |
| &nbsp;&nbsp;&nbsp; Avery Dennison Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 150 | &nbsp;&nbsp;&nbsp;&nbsp; 25165 |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co. | &nbsp;&nbsp;&nbsp;&nbsp; 1134 | &nbsp;&nbsp;&nbsp;&nbsp; 51087 |
| &nbsp;&nbsp;&nbsp; Bank of America Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1289 | &nbsp;&nbsp;&nbsp;&nbsp; 60931 |
| &nbsp;&nbsp;&nbsp; Best Buy Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 517 | &nbsp;&nbsp;&nbsp;&nbsp; 33636 |
| &nbsp;&nbsp;&nbsp; Blackrock, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 28756 |
| &nbsp;&nbsp;&nbsp; BP plc | &nbsp;&nbsp;&nbsp;&nbsp; 5434 | &nbsp;&nbsp;&nbsp;&nbsp; 29128 |
| &nbsp;&nbsp;&nbsp; Bristol-Myers Squibb Co. | &nbsp;&nbsp;&nbsp;&nbsp; 1115 | &nbsp;&nbsp;&nbsp;&nbsp; 48291 |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 215 | &nbsp;&nbsp;&nbsp;&nbsp; 63145 |
| &nbsp;&nbsp;&nbsp; BXP, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 416 | &nbsp;&nbsp;&nbsp;&nbsp; 27219 |
| &nbsp;&nbsp;&nbsp; Cardinal Health, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 147 | &nbsp;&nbsp;&nbsp;&nbsp; 22817 |
| &nbsp;&nbsp;&nbsp; CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 343 | &nbsp;&nbsp;&nbsp;&nbsp; 31841 |
| &nbsp;&nbsp;&nbsp; CH Robinson Worldwide, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 186 | &nbsp;&nbsp;&nbsp;&nbsp; 21450 |
| &nbsp;&nbsp;&nbsp; Chevron Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 279 | &nbsp;&nbsp;&nbsp;&nbsp; 42308 |
| &nbsp;&nbsp;&nbsp; Cisco Systems, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 471 | &nbsp;&nbsp;&nbsp;&nbsp; 32066 |
| &nbsp;&nbsp;&nbsp; Clorox Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 233 | &nbsp;&nbsp;&nbsp;&nbsp; 29255 |
| &nbsp;&nbsp;&nbsp; CME Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 206 | &nbsp;&nbsp;&nbsp;&nbsp; 57326 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 800 | &nbsp;&nbsp;&nbsp;&nbsp; 54312 |
| &nbsp;&nbsp;&nbsp; Comcast Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 645 | &nbsp;&nbsp;&nbsp;&nbsp; 21433 |
| &nbsp;&nbsp;&nbsp; Conagra Brands, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1368 | &nbsp;&nbsp;&nbsp;&nbsp; 24980 |
| &nbsp;&nbsp;&nbsp; ConocoPhillips | &nbsp;&nbsp;&nbsp;&nbsp; 287 | &nbsp;&nbsp;&nbsp;&nbsp; 27363 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United States — continued** | **United States — continued** | **United States — continued** |
| &nbsp;&nbsp;&nbsp; Consolidated Edison, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 280 | &nbsp;&nbsp;&nbsp;&nbsp; 28980 |
| &nbsp;&nbsp;&nbsp; Crown Castle, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 293 | &nbsp;&nbsp;&nbsp;&nbsp; 30791 |
| &nbsp;&nbsp;&nbsp; Cummins, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 87 | &nbsp;&nbsp;&nbsp;&nbsp; 31983 |
| &nbsp;&nbsp;&nbsp; Darden Restaurants, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 146 | &nbsp;&nbsp;&nbsp;&nbsp; 29444 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 741 | &nbsp;&nbsp;&nbsp;&nbsp; 24616 |
| &nbsp;&nbsp;&nbsp; Diamondback Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 168 | &nbsp;&nbsp;&nbsp;&nbsp; 24975 |
| &nbsp;&nbsp;&nbsp; Digital Realty Trust, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 140 | &nbsp;&nbsp;&nbsp;&nbsp; 24702 |
| &nbsp;&nbsp;&nbsp; Dominion Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 530 | &nbsp;&nbsp;&nbsp;&nbsp; 30978 |
| &nbsp;&nbsp;&nbsp; Dow, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1025 | &nbsp;&nbsp;&nbsp;&nbsp; 23872 |
| &nbsp;&nbsp;&nbsp; DTE Energy Co. | &nbsp;&nbsp;&nbsp;&nbsp; 211 | &nbsp;&nbsp;&nbsp;&nbsp; 29204 |
| &nbsp;&nbsp;&nbsp; Duke Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 264 | &nbsp;&nbsp;&nbsp;&nbsp; 32113 |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co. | &nbsp;&nbsp;&nbsp;&nbsp; 308 | &nbsp;&nbsp;&nbsp;&nbsp; 22364 |
| &nbsp;&nbsp;&nbsp; Eaton Corp. plc | &nbsp;&nbsp;&nbsp;&nbsp; 143 | &nbsp;&nbsp;&nbsp;&nbsp; 55015 |
| &nbsp;&nbsp;&nbsp; Edison International | &nbsp;&nbsp;&nbsp;&nbsp; 543 | &nbsp;&nbsp;&nbsp;&nbsp; 28301 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co. | &nbsp;&nbsp;&nbsp;&nbsp; 527 | &nbsp;&nbsp;&nbsp;&nbsp; 76684 |
| &nbsp;&nbsp;&nbsp; Entergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 382 | &nbsp;&nbsp;&nbsp;&nbsp; 34544 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 2400 |
| &nbsp;&nbsp;&nbsp; Evergy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 470 | &nbsp;&nbsp;&nbsp;&nbsp; 33276 |
| &nbsp;&nbsp;&nbsp; Eversource Energy | &nbsp;&nbsp;&nbsp;&nbsp; 465 | &nbsp;&nbsp;&nbsp;&nbsp; 30736 |
| &nbsp;&nbsp;&nbsp; Exelon Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 706 | &nbsp;&nbsp;&nbsp;&nbsp; 31728 |
| &nbsp;&nbsp;&nbsp; Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 440 | &nbsp;&nbsp;&nbsp;&nbsp; 49122 |
| &nbsp;&nbsp;&nbsp; Fastenal Co. | &nbsp;&nbsp;&nbsp;&nbsp; 778 | &nbsp;&nbsp;&nbsp;&nbsp; 35889 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1084 | &nbsp;&nbsp;&nbsp;&nbsp; 86080 |
| &nbsp;&nbsp;&nbsp; Ford Motor Co. | &nbsp;&nbsp;&nbsp;&nbsp; 2768 | &nbsp;&nbsp;&nbsp;&nbsp; 30642 |
| &nbsp;&nbsp;&nbsp; Franklin Resources, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 610 | &nbsp;&nbsp;&nbsp;&nbsp; 14640 |
| &nbsp;&nbsp;&nbsp; General Dynamics Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 22 | &nbsp;&nbsp;&nbsp;&nbsp; 6855 |
| &nbsp;&nbsp;&nbsp; General Mills, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 540 | &nbsp;&nbsp;&nbsp;&nbsp; 26449 |
| &nbsp;&nbsp;&nbsp; Gilead Sciences, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 279 | &nbsp;&nbsp;&nbsp;&nbsp; 31329 |
| &nbsp;&nbsp;&nbsp; GQG Partners, Inc., CHDI | &nbsp;&nbsp;&nbsp;&nbsp; 1013 | &nbsp;&nbsp;&nbsp;&nbsp; 1323 |
| &nbsp;&nbsp;&nbsp; GSK plc | &nbsp;&nbsp;&nbsp;&nbsp; 1825 | &nbsp;&nbsp;&nbsp;&nbsp; 33569 |
| &nbsp;&nbsp;&nbsp; Healthpeak Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1465 | &nbsp;&nbsp;&nbsp;&nbsp; 24817 |
| &nbsp;&nbsp;&nbsp; Hershey Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 12657 |
| &nbsp;&nbsp;&nbsp; Hewlett Packard Enterprise Co. | &nbsp;&nbsp;&nbsp;&nbsp; 1420 | &nbsp;&nbsp;&nbsp;&nbsp; 29380 |
| &nbsp;&nbsp;&nbsp; Hormel Foods Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 763 | &nbsp;&nbsp;&nbsp;&nbsp; 21433 |
| &nbsp;&nbsp;&nbsp; Host Hotels & Resorts, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 686 | &nbsp;&nbsp;&nbsp;&nbsp; 10784 |
| &nbsp;&nbsp;&nbsp; HP, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 968 | &nbsp;&nbsp;&nbsp;&nbsp; 24006 |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 110 | &nbsp;&nbsp;&nbsp;&nbsp; 27846 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 346 | &nbsp;&nbsp;&nbsp;&nbsp; 24576 |
| &nbsp;&nbsp;&nbsp; International Paper Co. | &nbsp;&nbsp;&nbsp;&nbsp; 575 | &nbsp;&nbsp;&nbsp;&nbsp; 26875 |
| &nbsp;&nbsp;&nbsp; Interpublic Group of Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 987 | &nbsp;&nbsp;&nbsp;&nbsp; 24280 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 281 | &nbsp;&nbsp;&nbsp;&nbsp; 27358 |
| &nbsp;&nbsp;&nbsp; J M Smucker Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 285 | &nbsp;&nbsp;&nbsp;&nbsp; 30592 |
| &nbsp;&nbsp;&nbsp; Johnson & Johnson | &nbsp;&nbsp;&nbsp;&nbsp; 444 | &nbsp;&nbsp;&nbsp;&nbsp; 73145 |
| &nbsp;&nbsp;&nbsp; Kellanova | &nbsp;&nbsp;&nbsp;&nbsp; 382 | &nbsp;&nbsp;&nbsp;&nbsp; 30495 |
| &nbsp;&nbsp;&nbsp; Kenvue, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1338 | &nbsp;&nbsp;&nbsp;&nbsp; 28687 |
| &nbsp;&nbsp;&nbsp; Keurig Dr Pepper, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 992 | &nbsp;&nbsp;&nbsp;&nbsp; 32389 |
| &nbsp;&nbsp;&nbsp; KeyCorp | &nbsp;&nbsp;&nbsp;&nbsp; 1803 | &nbsp;&nbsp;&nbsp;&nbsp; 32310 |
| &nbsp;&nbsp;&nbsp; Kimberly-Clark Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 218 | &nbsp;&nbsp;&nbsp;&nbsp; 27167 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United States — continued** | **United States — continued** | **United States — continued** |
| &nbsp;&nbsp;&nbsp; Kimco Realty Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 1331 | &nbsp;&nbsp;&nbsp;&nbsp; 28257 |
| &nbsp;&nbsp;&nbsp; Kinder Morgan, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1129 | &nbsp;&nbsp;&nbsp;&nbsp; 31680 |
| &nbsp;&nbsp;&nbsp; Kraft Heinz Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 1084 | &nbsp;&nbsp;&nbsp;&nbsp; 29767 |
| &nbsp;&nbsp;&nbsp; Lockheed Martin Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 23154 |
| &nbsp;&nbsp;&nbsp; Lowe's Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 204 | &nbsp;&nbsp;&nbsp;&nbsp; 45608 |
| &nbsp;&nbsp;&nbsp; LyondellBasell Industries NV, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 381 | &nbsp;&nbsp;&nbsp;&nbsp; 22071 |
| &nbsp;&nbsp;&nbsp; Marsh & McLennan Cos., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 107 | &nbsp;&nbsp;&nbsp;&nbsp; 21314 |
| &nbsp;&nbsp;&nbsp; McDonald's Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 206 | &nbsp;&nbsp;&nbsp;&nbsp; 61814 |
| &nbsp;&nbsp;&nbsp; Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 652 | &nbsp;&nbsp;&nbsp;&nbsp; 50934 |
| &nbsp;&nbsp;&nbsp; Meta Platforms, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 158 | &nbsp;&nbsp;&nbsp;&nbsp; 122204 |
| &nbsp;&nbsp;&nbsp; Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 72 | &nbsp;&nbsp;&nbsp;&nbsp; 4866 |
| &nbsp;&nbsp;&nbsp; Microsoft Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 457 | &nbsp;&nbsp;&nbsp;&nbsp; 243809 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 1567 |
| &nbsp;&nbsp;&nbsp; Molson Coors Beverage Co., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 551 | &nbsp;&nbsp;&nbsp;&nbsp; 26845 |
| &nbsp;&nbsp;&nbsp; Mondelez International, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 267 | &nbsp;&nbsp;&nbsp;&nbsp; 17272 |
| &nbsp;&nbsp;&nbsp; Morgan Stanley | &nbsp;&nbsp;&nbsp;&nbsp; 288 | &nbsp;&nbsp;&nbsp;&nbsp; 41028 |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 64 | &nbsp;&nbsp;&nbsp;&nbsp; 28095 |
| &nbsp;&nbsp;&nbsp; Nestle SA (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 116 | &nbsp;&nbsp;&nbsp;&nbsp; 10136 |
| &nbsp;&nbsp;&nbsp; NetApp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 235 | &nbsp;&nbsp;&nbsp;&nbsp; 24471 |
| &nbsp;&nbsp;&nbsp; NextEra Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 662 | &nbsp;&nbsp;&nbsp;&nbsp; 47042 |
| &nbsp;&nbsp;&nbsp; Novartis AG (Registered) | &nbsp;&nbsp;&nbsp;&nbsp; 213 | &nbsp;&nbsp;&nbsp;&nbsp; 24258 |
| &nbsp;&nbsp;&nbsp; Omnicom Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 637 | &nbsp;&nbsp;&nbsp;&nbsp; 45896 |
| &nbsp;&nbsp;&nbsp; ONEOK, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 310 | &nbsp;&nbsp;&nbsp;&nbsp; 25454 |
| &nbsp;&nbsp;&nbsp; Otis Worldwide Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 268 | &nbsp;&nbsp;&nbsp;&nbsp; 22965 |
| &nbsp;&nbsp;&nbsp; PACCAR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 467 | &nbsp;&nbsp;&nbsp;&nbsp; 46121 |
| &nbsp;&nbsp;&nbsp; PepsiCo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 212 | &nbsp;&nbsp;&nbsp;&nbsp; 29239 |
| &nbsp;&nbsp;&nbsp; Pfizer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1155 | &nbsp;&nbsp;&nbsp;&nbsp; 26900 |
| &nbsp;&nbsp;&nbsp; Philip Morris International, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 179 | &nbsp;&nbsp;&nbsp;&nbsp; 29365 |
| &nbsp;&nbsp;&nbsp; Phillips 66 | &nbsp;&nbsp;&nbsp;&nbsp; 193 | &nbsp;&nbsp;&nbsp;&nbsp; 23851 |
| &nbsp;&nbsp;&nbsp; PPL Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 238 | &nbsp;&nbsp;&nbsp;&nbsp; 8494 |
| &nbsp;&nbsp;&nbsp; Procter & Gamble Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 242 | &nbsp;&nbsp;&nbsp;&nbsp; 36414 |
| &nbsp;&nbsp;&nbsp; Prudential Financial, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 258 | &nbsp;&nbsp;&nbsp;&nbsp; 26724 |
| &nbsp;&nbsp;&nbsp; Public Storage, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 82 | &nbsp;&nbsp;&nbsp;&nbsp; 22299 |
| &nbsp;&nbsp;&nbsp; Realty Income Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 498 | &nbsp;&nbsp;&nbsp;&nbsp; 27953 |
| &nbsp;&nbsp;&nbsp; Regency Centers Corp., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 396 | &nbsp;&nbsp;&nbsp;&nbsp; 28274 |
| &nbsp;&nbsp;&nbsp; Roche Holding AG | &nbsp;&nbsp;&nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; 21533 |
| &nbsp;&nbsp;&nbsp; RTX Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 223 | &nbsp;&nbsp;&nbsp;&nbsp; 35138 |
| &nbsp;&nbsp;&nbsp; Salesforce, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 132 | &nbsp;&nbsp;&nbsp;&nbsp; 34100 |
| &nbsp;&nbsp;&nbsp; Sanofi SA | &nbsp;&nbsp;&nbsp;&nbsp; 181 | &nbsp;&nbsp;&nbsp;&nbsp; 16249 |
| &nbsp;&nbsp;&nbsp; Seagate Technology Holdings plc | &nbsp;&nbsp;&nbsp;&nbsp; 298 | &nbsp;&nbsp;&nbsp;&nbsp; 46789 |
| &nbsp;&nbsp;&nbsp; Sempra | &nbsp;&nbsp;&nbsp;&nbsp; 370 | &nbsp;&nbsp;&nbsp;&nbsp; 30222 |
| &nbsp;&nbsp;&nbsp; Shell plc | &nbsp;&nbsp;&nbsp;&nbsp; 558 | &nbsp;&nbsp;&nbsp;&nbsp; 20051 |
| &nbsp;&nbsp;&nbsp; Simon Property Group, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 182 | &nbsp;&nbsp;&nbsp;&nbsp; 29810 |
| &nbsp;&nbsp;&nbsp; Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 415 | &nbsp;&nbsp;&nbsp;&nbsp; 28444 |
| &nbsp;&nbsp;&nbsp; Southern Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 1059 | &nbsp;&nbsp;&nbsp;&nbsp; 100054 |
| &nbsp;&nbsp;&nbsp; Stellantis NV | &nbsp;&nbsp;&nbsp;&nbsp; 201 | &nbsp;&nbsp;&nbsp;&nbsp; 1774 |
| &nbsp;&nbsp;&nbsp; Swiss Re AG | &nbsp;&nbsp;&nbsp;&nbsp; 35 | &nbsp;&nbsp;&nbsp;&nbsp; 6265 |
| &nbsp;&nbsp;&nbsp; T. Rowe Price Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 229 | &nbsp;&nbsp;&nbsp;&nbsp; 23232 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | **SHARES** | **VALUE($)** |
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **United States — continued** | **United States — continued** | **United States — continued** |
| &nbsp;&nbsp;&nbsp; Target Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 257 | &nbsp;&nbsp;&nbsp;&nbsp; 25828 |
| &nbsp;&nbsp;&nbsp; The Campbell's Co. | &nbsp;&nbsp;&nbsp;&nbsp; 914 | &nbsp;&nbsp;&nbsp;&nbsp; 29175 |
| &nbsp;&nbsp;&nbsp; T-Mobile US, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 121 | &nbsp;&nbsp;&nbsp;&nbsp; 28848 |
| &nbsp;&nbsp;&nbsp; Trane Technologies plc | &nbsp;&nbsp;&nbsp;&nbsp; 62 | &nbsp;&nbsp;&nbsp;&nbsp; 27161 |
| &nbsp;&nbsp;&nbsp; TransDigm Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 8 | &nbsp;&nbsp;&nbsp;&nbsp; 12868 |
| &nbsp;&nbsp;&nbsp; Truist Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1177 | &nbsp;&nbsp;&nbsp;&nbsp; 51447 |
| &nbsp;&nbsp;&nbsp; Tyson Foods, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 501 | &nbsp;&nbsp;&nbsp;&nbsp; 26202 |
| &nbsp;&nbsp;&nbsp; United Parcel Service, Inc., Class B | &nbsp;&nbsp;&nbsp;&nbsp; 277 | &nbsp;&nbsp;&nbsp;&nbsp; 23866 |
| &nbsp;&nbsp;&nbsp; UnitedHealth Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 16471 |
| &nbsp;&nbsp;&nbsp; US Bancorp | &nbsp;&nbsp;&nbsp;&nbsp; 424 | &nbsp;&nbsp;&nbsp;&nbsp; 19063 |
| &nbsp;&nbsp;&nbsp; Valero Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 182 | &nbsp;&nbsp;&nbsp;&nbsp; 24990 |
| &nbsp;&nbsp;&nbsp; Ventas, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 455 | &nbsp;&nbsp;&nbsp;&nbsp; 30567 |
| &nbsp;&nbsp;&nbsp; Verizon Communications, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 694 | &nbsp;&nbsp;&nbsp;&nbsp; 29675 |
| &nbsp;&nbsp;&nbsp; Viatris, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 2758 | &nbsp;&nbsp;&nbsp;&nbsp; 24105 |
| &nbsp;&nbsp;&nbsp; VICI Properties, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 911 | &nbsp;&nbsp;&nbsp;&nbsp; 29699 |
| &nbsp;&nbsp;&nbsp; Walt Disney Co. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 721 | &nbsp;&nbsp;&nbsp;&nbsp; 85878 |
| &nbsp;&nbsp;&nbsp; Warner Music Group Corp., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 484 | &nbsp;&nbsp;&nbsp;&nbsp; 14162 |
| &nbsp;&nbsp;&nbsp; WEC Energy Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 269 | &nbsp;&nbsp;&nbsp;&nbsp; 29343 |
| &nbsp;&nbsp;&nbsp; Wells Fargo & Co. | &nbsp;&nbsp;&nbsp;&nbsp; 303 | &nbsp;&nbsp;&nbsp;&nbsp; 24431 |
| &nbsp;&nbsp;&nbsp; Westlake Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 176 | &nbsp;&nbsp;&nbsp;&nbsp; 13957 |
| &nbsp;&nbsp;&nbsp; Weyerhaeuser Co., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 826 | &nbsp;&nbsp;&nbsp;&nbsp; 20691 |
| &nbsp;&nbsp;&nbsp; Williams Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 523 | &nbsp;&nbsp;&nbsp;&nbsp; 31354 |
| &nbsp;&nbsp;&nbsp; WP Carey, Inc., REIT | &nbsp;&nbsp;&nbsp;&nbsp; 489 | &nbsp;&nbsp;&nbsp;&nbsp; 31374 |
| &nbsp;&nbsp;&nbsp; Xcel Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 411 | &nbsp;&nbsp;&nbsp;&nbsp; 30184 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5123796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $8,433,627)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 8811069 |
|  | &nbsp;&nbsp;&nbsp; **PRINCIPAL** <br>**AMOUNT($)**<br>|  |
| **U.S. Treasury Obligations — 1.1%** | **U.S. Treasury Obligations — 1.1%** | **U.S. Treasury Obligations — 1.1%** |
| **United States — 1.1%** | **United States — 1.1%** | **United States — 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury Notes, 4.25%, 1/31/2026 (d) <br>(Cost $339,917)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 340000 | &nbsp;&nbsp;&nbsp;&nbsp; 339795 |
|  | **SHARES** |  |
| **Short-Term Investments — 2.6%** | **Short-Term Investments — 2.6%** | **Short-Term Investments — 2.6%** |
| **Investment Companies — 2.6%** | **Investment Companies — 2.6%** | **Investment Companies — 2.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund Class IM Shares, 4.37% (a) (e) <br>(Cost $761,756)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 761628 | &nbsp;&nbsp;&nbsp;&nbsp; 761704 |
| **Investment of Cash Collateral from Securities Loaned — 0.0% ^** | **Investment of Cash Collateral from Securities Loaned — 0.0% ^** | **Investment of Cash Collateral from Securities Loaned — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.37% (a) (e)(Cost $3,769) | &nbsp;&nbsp;&nbsp;&nbsp; 3769 | &nbsp;&nbsp;&nbsp;&nbsp; 3769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $765,525)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 765473 |
| **Total Investments — 99.8%** <br>**(Cost $29,722,151)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **29688676** |
| **Other Assets in Excess of Liabilities — 0.2%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **47629** |
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **29736305** |

---

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

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

<br>Percentages indicated are based on net assets.<br>

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| CHDI | Clearing House Electronic Subregister System (CHESS) Depository Interest |
| CVA | Certificaten Van Aandelen (Dutch Certificate) |
| ETF | Exchange Traded Fund |
| OYJ | Public Limited Company |
| REIT | Real Estate Investment Trust |
| SCA | Limited partnership with share capital |
| SGPS | Holding company |
| USD | United States Dollar |

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| \* | Non-income producing security.  |
| (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 <br> Investment Management Inc.<br>|
| (b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities <br> offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have <br> restrictions on resale.<br>|
| (c) | The security or a portion of this security is on loan at July 31, 2025. The total value of securities on loan at July 31, 2025 is $3,549. |
| (d) | All or a portion of this security is deposited with the broker as initial margin for futures contracts. |
| (e) | The rate shown is the current yield as of July 31, 2025. |

---

**Summary of Investments by Industry, July 31, 2025**

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of total investments:

---

| | |
|:---|:---|
| **INDUSTRY** | **PERCENT OF** <br>**TOTAL** <br>**INVESTMENTS**<br>|
| Fixed Income | 38.2<br> %<br>|
| U.S. Equity | 28.4 |
| Oil, Gas & Consumable Fuels | 2.5 |
| Banks | 2.2 |
| Electric Utilities | 2.0 |
| Pharmaceuticals | 1.4 |
| Insurance | 1.3 |
| Semiconductors & Semiconductor Equipment | 1.2 |
| U.S. Treasury Notes | 1.1 |
| Software | 1.1 |
| Food Products | 1.0 |
| Diversified Telecommunication Services | 1.0 |
| Others (each less than 1.0%) | 16.0 |
| Short-Term Investments | 2.6 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

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

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **DESCRIPTION** | &nbsp;&nbsp;&nbsp; **NUMBER OF** <br>**CONTRACTS**<br>| **EXPIRATION DATE** | **TRADING CURRENCY** | &nbsp;&nbsp;&nbsp; **NOTIONAL** <br>**AMOUNT ($)**<br>| &nbsp;&nbsp;&nbsp; **VALUE AND** <br>**UNREALIZED** <br>**APPRECIATION** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(DEPRECIATION) ($)**<br>|
| **Long Contracts** |  |  |  |  |  |
| NASDAQ 100 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 09/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 1869140 | &nbsp;&nbsp;&nbsp;&nbsp; 119573 |
| S&P 500 E-Mini Index | &nbsp;&nbsp;&nbsp;&nbsp; 2 | &nbsp;&nbsp;&nbsp;&nbsp; 09/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 637150 | &nbsp;&nbsp;&nbsp;&nbsp; 28321 |
| U.S. Treasury 10 Year Note | &nbsp;&nbsp;&nbsp;&nbsp; 32 | &nbsp;&nbsp;&nbsp;&nbsp; 09/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 3554500 | &nbsp;&nbsp;&nbsp;&nbsp; 38635 |
| U.S. Treasury 5 Year Note | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 09/30/2025 | &nbsp;&nbsp;&nbsp;&nbsp; USD | &nbsp;&nbsp;&nbsp;&nbsp; 973758 | &nbsp;&nbsp;&nbsp;&nbsp; 6604 |
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 193133 |

---

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

---

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

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

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

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

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

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

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. Certain foreign equity instruments are valued by applying international fair value factors provided by an approved Pricing Service. The factors seek to adjust the local closing price for movements of local markets post-closing, but prior to the time the NAV is calculated.

Investments in open-end investment companies, excluding exchange-traded funds ("ETFs") ("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:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Investments in Securities** |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Australia | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $168799 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $168799 |
| &nbsp;&nbsp;&nbsp; Austria | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 28310 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 28310 |
| &nbsp;&nbsp;&nbsp; Belgium | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22105 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 22105 |
| &nbsp;&nbsp;&nbsp; Canada | &nbsp;&nbsp;&nbsp;&nbsp; 508126 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 508126 |
| &nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10183 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10183 |
| &nbsp;&nbsp;&nbsp; Denmark | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 35264 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 35264 |

---

------

**JPMorgan Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1**<br> Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2**<br> Other significant<br> observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3**<br> Significant<br> unobservable inputs<br>| **Total** |
| &nbsp;&nbsp;&nbsp; Finland | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $132878 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $132878 |
| &nbsp;&nbsp;&nbsp; France | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 349125 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 349125 |
| &nbsp;&nbsp;&nbsp; Germany | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 353630 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 353630 |
| &nbsp;&nbsp;&nbsp; Guatemala | &nbsp;&nbsp;&nbsp;&nbsp; 4417 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4417 |
| &nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 54071 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 54071 |
| &nbsp;&nbsp;&nbsp; Ireland | &nbsp;&nbsp;&nbsp;&nbsp; 34567 | &nbsp;&nbsp;&nbsp;&nbsp; 7765 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 42332 |
| &nbsp;&nbsp;&nbsp; Israel | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6902 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6902 |
| &nbsp;&nbsp;&nbsp; Italy | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 211336 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 211336 |
| &nbsp;&nbsp;&nbsp; Ivory Coast | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5187 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5187 |
| &nbsp;&nbsp;&nbsp; Japan | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 464011 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 464011 |
| &nbsp;&nbsp;&nbsp; Netherlands | &nbsp;&nbsp;&nbsp;&nbsp; 13254 | &nbsp;&nbsp;&nbsp;&nbsp; 145032 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 158286 |
| &nbsp;&nbsp;&nbsp; New Zealand | &nbsp;&nbsp;&nbsp;&nbsp; 4243 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4243 |
| &nbsp;&nbsp;&nbsp; Norway | &nbsp;&nbsp;&nbsp;&nbsp; 3575 | &nbsp;&nbsp;&nbsp;&nbsp; 106883 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 110458 |
| &nbsp;&nbsp;&nbsp; Peru | &nbsp;&nbsp;&nbsp;&nbsp; 6636 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6636 |
| &nbsp;&nbsp;&nbsp; Poland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2333 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2333 |
| &nbsp;&nbsp;&nbsp; Portugal | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6908 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6908 |
| &nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 80086 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 80086 |
| &nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8301 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8301 |
| &nbsp;&nbsp;&nbsp; South Korea | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16831 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 16831 |
| &nbsp;&nbsp;&nbsp; Spain | &nbsp;&nbsp;&nbsp;&nbsp; 51726 | &nbsp;&nbsp;&nbsp;&nbsp; 114950 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 166676 |
| &nbsp;&nbsp;&nbsp; Sweden | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 149519 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 149519 |
| &nbsp;&nbsp;&nbsp; Switzerland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 40351 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 40351 |
| &nbsp;&nbsp;&nbsp; Taiwan | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 115498 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 115498 |
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp; 6486 | &nbsp;&nbsp;&nbsp;&nbsp; 417985 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 424471 |
| &nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp;&nbsp;&nbsp; 4959510 | &nbsp;&nbsp;&nbsp;&nbsp; 164286 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5123796 |
| &nbsp;&nbsp;&nbsp; Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 5592540 | &nbsp;&nbsp;&nbsp;&nbsp; 3218529 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8811069 |
| Exchange-Traded Funds | &nbsp;&nbsp;&nbsp;&nbsp; 19772339 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19772339 |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 339795 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 339795 |
| Short-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 761704 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 761704 |
| &nbsp;&nbsp;&nbsp; Investment of Cash Collateral from Securities Loaned | &nbsp;&nbsp;&nbsp;&nbsp; 3769 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3769 |
| &nbsp;&nbsp;&nbsp; Total Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 765473 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 765473 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; $26130352 | &nbsp;&nbsp;&nbsp;&nbsp; $3558324 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $29688676 |
| **Appreciation in Other Financial Instruments** |  |  |  |  |
| Futures Contracts | &nbsp;&nbsp;&nbsp;&nbsp; $193133 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $193133 |

---

**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 Flexible Income ETF**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

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

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** |
| **Security Description** | **Value at** <br>**February 12,** <br>**2025(a)**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**July 31,** <br>**2025**<br>| **Shares at** <br>**July 31,** <br>**2025**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan BetaBuilders USD High Yield <br> Corporate Bond ETF (b)<br>| $— | $10878260 | $130763 | $(8471)<br>| $11824 | $10750850 | 231052 | $343555 | $— |
| JPMorgan Equity Premium Income ETF (b) |  | 1471590 |  |  | (69192)<br>| 1402398 | 24830 | 53709 |  |
| JPMorgan Income ETF (b) |  | 588020 |  |  | 5049 | 593069 | 12837 | 13791 |  |
| &nbsp;&nbsp;&nbsp; JPMorgan Nasdaq Equity Premium Income <br> ETF (b)<br>|  | 7384446 |  |  | (358424)<br>| 7026022 | 127514 | 348857 |  |
| &nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund <br> Class IM Shares, 4.37% (b) (c)<br>|  | 2511483 | 1749741 | 14 | (52)<br>| 761704 | 761628 | 7731 |  |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money <br> Market Fund Agency SL Class Shares, <br> 4.37% (b) (c)<br>|  | 15087 | 11318 |  |  | 3769 | 3769 | 16 |  |
| **Total** | $— | $22848886 | $1891822 | $(8457)<br>| $(410795)<br>| $20537812 |  | $767659 | $— |

---

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

(a) Commencement of operations was February 12, 2025.

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

(c) The rate shown is the current yield as of July 31, 2025.

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

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

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

- **a. Name of Series:** JPMorgan Flexible Income ETF

- **b. EDGAR series identifier (if any):** S000088766

- **c. LEI of Series:** 529900IH92J2PQTN2J94

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $29752660.42

**Total Liabilities:** $16343.90

**Net Assets:** $29736316.52

**Cash Not Reported:** $64717.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255141 | 3.08%                | 3.42%                | 0.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-133.36                 | $547477.32                                 |
| Month 2  | $20946.84                | $604162.65                                 |
| Month 3  | $56467.39                | $-14552.81                                 |

**Designated Index Information**

- **Index Name:** 75% WRLDRNRUSD0, 25% 1TRUSD0

- **Index Identifier:** IBXUSD001882

### Schedule of Portfolio Investments

| Name                                                    | Title                                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Host Hotels & Resorts, Inc.                             | Host Hotels & Resorts, Inc.                                           | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |       686 | NS      | $10783.92     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Telecom Plus plc                                        | Telecom Plus plc                                                      | CUSIP: N/A<br>LEI: 549300QGHDX5UKE58G86       | Long             | EC               | CORP              | GB        |       189 | NS      | $4604.62      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Nutrien Ltd.                                            | Nutrien Ltd.                                                          | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |       562 | NS      | $33344.41     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kraft Heinz Co. (The)                                   | Kraft Heinz Co. (The)                                                 | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |      1084 | NS      | $29766.64     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Logista Integral SA                                     | Logista Integral SA                                                   | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |       128 | NS      | $4051.27      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Orange SA                                               | Orange SA                                                             | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |      1061 | NS      | $16138.95     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Eaton Corp. plc                                         | Eaton Corp. plc                                                       | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |       143 | NS      | $55014.96     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Archer-Daniels-Midland Co.                              | Archer-Daniels-Midland Co.                                            | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |       558 | NS      | $30232.44     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock, Inc.                                         | Blackrock, Inc.                                                       | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |        26 | NS      | $28756.26     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                       | Exxon Mobil Corp.                                                     | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |       440 | NS      | $49121.60     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Idemitsu Kosan Co. Ltd.                                 | Idemitsu Kosan Co. Ltd.                                               | CUSIP: N/A<br>LEI: 549300P0R46FF6DUA630       | Long             | EC               | CORP              | JP        |      2000 | NS      | $12857.23     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| CME Group, Inc.                                         | CME Group, Inc.                                                       | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |       206 | NS      | $57325.68     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Evonik Industries AG                                    | Evonik Industries AG                                                  | CUSIP: N/A<br>LEI: 41GUOJQTALQHLF39XJ34       | Long             | EC               | CORP              | DE        |       326 | NS      | $6473.73      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Valero Energy Corp.                                     | Valero Energy Corp.                                                   | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |       182 | NS      | $24990.42     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd.                         | Canadian Natural Resources Ltd.                                       | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |       914 | NS      | $28931.90     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Microchip Technology, Inc.                              | Microchip Technology, Inc.                                            | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |        72 | NS      | $4866.48      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BAWAG Group AG                                          | BAWAG Group AG                                                        | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |        26 | NS      | $3281.40      | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tourmaline Oil Corp.                                    | Tourmaline Oil Corp.                                                  | CUSIP: 89156V106<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |       617 | NS      | $26259.01     | 0.09%             |  |  |  | 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        |       484 | NS      | $14161.84     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG           | Muenchener Rueckversicherungs-Gesellschaft AG (Registered)            | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |       115 | NS      | $75287.17     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto Ltd.                                          | Rio Tinto Ltd.                                                        | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |       201 | NS      | $14294.71     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Telenor ASA                                             | Telenor ASA                                                           | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |      1993 | NS      | $30574.42     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Umicore SA                                              | Umicore SA                                                            | CUSIP: N/A<br>LEI: 529900F3AIQECS8ZSV61       | Long             | EC               | CORP              | BE        |       215 | NS      | $3397.81      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Matsui Securities Co. Ltd.                              | Matsui Securities Co. Ltd.                                            | CUSIP: N/A<br>LEI: 3538007PRKOSDN175V58       | Long             | EC               | CORP              | JP        |       200 | NS      | $977.57       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Magna International, Inc.                               | Magna International, Inc.                                             | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |       789 | NS      | $32354.92     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corp.                                  | Pembina Pipeline Corp.                                                | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |       785 | NS      | $29176.89     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryanair Holdings plc                                    | Ryanair Holdings plc                                                  | CUSIP: N/A<br>LEI: 635400BR2ROC1FVEBQ56       | Long             | EC               | CORP              | IE        |       438 | NS      | $12878.38     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                            | ING Groep NV                                                          | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |       331 | NS      | $7714.10      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group NV                                             | NN Group NV                                                           | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |        76 | NS      | $5117.52      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| RWE AG                                                  | RWE AG                                                                | CUSIP: N/A<br>LEI: 529900GB7KCA94ACC940       | Long             | EC               | CORP              | DE        |       129 | NS      | $5292.26      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEOS Holdings, Inc.                                    | ENEOS Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 3538001KQ5SAOZSQTT44       | Long             | EC               | CORP              | JP        |      1500 | NS      | $7872.95      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Mid-America Apartment Communities, Inc.                 | Mid-America Apartment Communities, Inc.                               | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |        11 | NS      | $1566.73      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lixil Corp.                                             | Lixil Corp.                                                           | CUSIP: N/A<br>LEI: 353800KB8G4F9WUJJ886       | Long             | EC               | CORP              | JP        |       300 | NS      | $3475.54      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp.                                        | Sony Group Corp.                                                      | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |       700 | NS      | $16837.32     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Freenet AG                                              | Freenet AG                                                            | CUSIP: N/A<br>LEI: 5299003GLDODCVP8DO20       | Long             | EC               | CORP              | DE        |       143 | NS      | $4637.91      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Bristol-Myers Squibb Co.                                | Bristol-Myers Squibb Co.                                              | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |      1115 | NS      | $48290.65     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| J M Smucker Co. (The)                                   | J M Smucker Co. (The)                                                 | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |       285 | NS      | $30591.90     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins, Inc.                                           | Cummins, Inc.                                                         | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |        87 | NS      | $31982.94     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp.                   | International Business Machines Corp.                                 | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       110 | NS      | $27846.50     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ayvens SA                                               | Ayvens SA                                                             | CUSIP: N/A<br>LEI: 969500E7V019H9NP7427       | Long             | EC               | CORP              | FR        |       195 | NS      | $2095.37      | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Phillips 66                                             | Phillips 66                                                           | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |       193 | NS      | $23850.94     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey, Inc.                                          | WP Carey, Inc.                                                        | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               | CORP              | US        |       489 | NS      | $31374.24     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Metropolitan Fund Invest                          | Japan Metropolitan Fund Invest                                        | CUSIP: N/A<br>LEI: 353800QDHNIP60E1LQ93       | Long             | EC               | CORP              | JP        |        22 | NS      | $16001.11     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                               | Danone SA                                                             | CUSIP: N/A<br>LEI: 969500KMUQ2B6CBAF162       | Long             | EC               | CORP              | FR        |       159 | NS      | $13012.07     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Solvay SA                                               | Solvay SA                                                             | CUSIP: N/A<br>LEI: 549300MMVL80RTBP3O28       | Long             | EC               | CORP              | BE        |        61 | NS      | $1911.29      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                               | Sanofi SA                                                             | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |       181 | NS      | $16248.51     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Next plc                                                | Next plc                                                              | CUSIP: N/A<br>LEI: 213800WQD8ECPZP9PH98       | Long             | EC               | CORP              | GB        |        31 | NS      | $5031.95      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortescue Ltd.                                          | Fortescue Ltd.                                                        | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |       207 | NS      | $2342.05      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                                 | GSK plc                                                               | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |      1825 | NS      | $33569.05     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| CH Robinson Worldwide, Inc.                             | CH Robinson Worldwide, Inc.                                           | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |       186 | NS      | $21449.52     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                             | Apple, Inc.                                                           | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |       389 | NS      | $80744.73     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco plc                            | British American Tobacco plc                                          | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |       688 | NS      | $36861.22     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Tire Corp.                                         | Toyo Tire Corp.                                                       | CUSIP: N/A<br>LEI: 529900Y41RD7VQM9RF75       | Long             | EC               | CORP              | JP        |       200 | NS      | $4236.21      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                             | Swedbank AB, Class A                                                  | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |       141 | NS      | $3754.56      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Drax Group plc                                          | Drax Group plc                                                        | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |       584 | NS      | $5454.30      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Devon Energy Corp.                                      | Devon Energy Corp.                                                    | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |       741 | NS      | $24616.02     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                    | NextEra Energy, Inc.                                                  | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |       662 | NS      | $47041.72     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirin Holdings Co. Ltd.                                 | Kirin Holdings Co. Ltd.                                               | CUSIP: 497350108<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |       800 | NS      | $10542.14     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Holdings, Inc.                            | Dai-ichi Life Holdings, Inc.                                          | CUSIP: N/A<br>LEI: 549300ZUFXI7JXZVTZ25       | Long             | EC               | CORP              | JP        |       800 | NS      | $6329.75      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Hi-Fi Ltd.                                           | JB Hi-Fi Ltd.                                                         | CUSIP: N/A<br>LEI: 529900TPC8H040Y3ZQ65       | Long             | EC               | CORP              | AU        |        24 | NS      | $1709.33      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FDJ United                                              | FDJ UNITED                                                            | CUSIP: N/A<br>LEI: 969500R4CLSQFTYYI535       | Long             | EC               | CORP              | FR        |       103 | NS      | $3212.76      | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Deutsche Boerse AG                                      | Deutsche Boerse AG                                                    | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |        88 | NS      | $25466.09     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Sonic Healthcare Ltd.                                   | Sonic Healthcare Ltd.                                                 | CUSIP: N/A<br>LEI: 549300NQQ5L2NONWR862       | Long             | EC               | CORP              | AU        |       528 | NS      | $9323.87      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Vodafone Group plc                                      | Vodafone Group plc                                                    | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |     29046 | NS      | $31491.60     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                                  | Mercedes-Benz Group AG                                                | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |       287 | NS      | $16250.01     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Cheil Worldwide, Inc.                                   | Cheil Worldwide, Inc.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |        63 | NS      | $900.02       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Adecco Group AG                                         | Adecco Group AG (Registered)                                          | CUSIP: N/A<br>LEI: NI14Y5UMU60O7JE9P611       | Long             | EC               | CORP              | CH        |       156 | NS      | $4912.16      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Yancoal Australia Ltd.                                  | Yancoal Australia Ltd.                                                | CUSIP: N/A<br>LEI: 3003003IC6G39HKQAD13       | Long             | EC               | CORP              | AU        |       635 | NS      | $2564.60      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 5 Year Note                                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |         9 | NC      | $6603.95      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB                                | Svenska Handelsbanken AB, Class A                                     | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |       351 | NS      | $4276.72      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Digital Realty Trust, Inc.                              | Digital Realty Trust, Inc.                                            | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |       140 | NS      | $24701.60     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                                    | Edison International                                                  | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |       543 | NS      | $28301.16     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                       | Johnson & Johnson                                                     | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |       444 | NS      | $73144.56     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc.                                       | Merck & Co., Inc.                                                     | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |       652 | NS      | $50934.24     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays plc                                            | Barclays plc                                                          | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | CORP              | GB        |      1552 | NS      | $7586.21      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                                | Lloyds Banking Group plc                                              | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |      7732 | NS      | $7928.77      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| DTE Energy Co.                                          | DTE Energy Co.                                                        | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |       211 | NS      | $29204.51     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T, Inc.                                              | AT&T, Inc.                                                            | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |      2645 | NS      | $72499.45     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hormel Foods Corp.                                      | Hormel Foods Corp.                                                    | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |       763 | NS      | $21432.67     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Ireland Group plc                               | Bank of Ireland Group plc                                             | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |       252 | NS      | $3379.31      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pfizer, Inc.                                            | Pfizer, Inc.                                                          | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |      1155 | NS      | $26899.95     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.             | Taiwan Semiconductor Manufacturing Co. Ltd.                           | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |      3000 | NS      | $115497.86    | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Strabag SE                                              | Strabag SE                                                            | CUSIP: N/A<br>LEI: 529900TYYSRJH2VJSP60       | Long             | EC               | CORP              | AT        |        20 | NS      | $1880.20      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BE Semiconductor Industries NV                          | BE Semiconductor Industries NV                                        | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |        86 | NS      | $11619.62     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp.                                               | Kia Corp.                                                             | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |        63 | NS      | $4609.76      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NCC AB                                                  | NCC AB, Class B                                                       | CUSIP: N/A<br>LEI: 213800WRGLW3CY4MHW53       | Long             | EC               | CORP              | SE        |       211 | NS      | $3995.35      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Legal & General Group plc                               | Legal & General Group plc                                             | CUSIP: N/A<br>LEI: 213800JH9QQWHLO99821       | Long             | EC               | CORP              | GB        |      1373 | NS      | $4644.95      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Dexus                                                   | Dexus                                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |       828 | NS      | $3738.10      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                                        | Deutsche Post AG                                                      | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |       120 | NS      | $5376.68      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hydro One Ltd.                                          | Hydro One Ltd.                                                        | CUSIP: 448811208<br>LEI: 5493007QZDXTP1W2VL44 | Long             | EC               | CORP              | CA        |        76 | NS      | $2687.64      | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Banca Monte dei Paschi di Siena SpA                     | Banca Monte dei Paschi di Siena SpA                                   | CUSIP: N/A<br>LEI: J4CP7MHCXR8DAQMKIL78       | Long             | EC               | CORP              | IT        |       243 | NS      | $2068.77      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | S&P 500 E-Mini Index                                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         2 | NC      | $28320.70     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Maire SpA                                               | Maire SpA                                                             | CUSIP: N/A<br>LEI: 815600D85A61200A1B83       | Long             | EC               | CORP              | IT        |       345 | NS      | $4792.22      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| United States of America                                | U.S. Treasury Notes                                                   | CUSIP: 91282CJV4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    340000 | PA      | $339795.47    | 1.14%             | 2026-01-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Temenos AG                                              | Temenos AG (Registered)                                               | CUSIP: N/A<br>LEI: 5067007NW6550481FH64       | Long             | EC               | CORP              | CH        |        62 | NS      | $5545.57      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai Nippon Printing Co. Ltd.                            | Dai Nippon Printing Co. Ltd.                                          | CUSIP: N/A<br>LEI: 529900S7NFNQ4FT6OP83       | Long             | EC               | CORP              | JP        |       600 | NS      | $9239.68      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Ageas SA                                                | Ageas SA                                                              | CUSIP: N/A<br>LEI: 5493005DJBML6LY3RV36       | Long             | EC               | CORP              | BE        |        62 | NS      | $4215.52      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential Financial, Inc.                              | Prudential Financial, Inc.                                            | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |       258 | NS      | $26723.64     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion OYJ                                               | Orion OYJ, Class B                                                    | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |       267 | NS      | $21375.70     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Trane Technologies plc                                  | Trane Technologies plc                                                | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |        62 | NS      | $27160.96     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Arteria Ltd.                                      | Atlas Arteria Ltd.                                                    | CUSIP: N/A<br>LEI: 254900SGF4ZQDBH2YC59       | Long             | EC               | CORP              | AU        |      1211 | NS      | $4000.16      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United Parcel Service, Inc.                             | United Parcel Service, Inc., Class B                                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       277 | NS      | $23866.32     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GQG Partners, Inc.                                      | GQG Partners, Inc.                                                    | CUSIP: N/A<br>LEI: 254900I3AQSQQQA75U50       | Long             | EC               | CORP              | US        |      1013 | NS      | $1323.44      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Balfour Beatty plc                                      | Balfour Beatty plc                                                    | CUSIP: N/A<br>LEI: CT4UIJ3TUKGYYHMENQ17       | Long             | EC               | CORP              | GB        |       816 | NS      | $5831.54      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Simon Property Group, Inc.                              | Simon Property Group, Inc.                                            | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |       182 | NS      | $29809.78     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                          | Hewlett Packard Enterprise Co.                                        | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |      1420 | NS      | $29379.80     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SSAB AB                                                 | SSAB AB, Class B                                                      | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |       561 | NS      | $3170.59      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Eni SpA                                                 | Eni SpA                                                               | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |      1364 | NS      | $23279.86     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Vinci SA                                                | Vinci SA                                                              | CUSIP: N/A<br>LEI: 213800WFQ334R8UXUG83       | Long             | EC               | CORP              | FR        |       254 | NS      | $35282.86     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| LVMH Moet Hennessy Louis Vuitton SE                     | LVMH Moet Hennessy Louis Vuitton SE                                   | CUSIP: N/A<br>LEI: IOG4E947OATN0KJYSD45       | Long             | EC               | CORP              | FR        |        62 | NS      | $33282.34     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| RELX plc                                                | RELX plc                                                              | CUSIP: N/A<br>LEI: 549300WSX3VBUFFJOO66       | Long             | EC               | CORP              | GB        |       846 | NS      | $43959.08     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential plc                                          | Prudential plc                                                        | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |       482 | NS      | $6114.74      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore plc                                            | Glencore plc                                                          | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |       849 | NS      | $3407.32      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapfre SA                                               | Mapfre SA                                                             | CUSIP: N/A<br>LEI: 95980020140005693107       | Long             | EC               | CORP              | ES        |       924 | NS      | $3763.06      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke KPN NV                                      | Koninklijke KPN NV                                                    | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |      4749 | NS      | $21216.17     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| General Mills, Inc.                                     | General Mills, Inc.                                                   | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |       540 | NS      | $26449.20     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| QBE Insurance Group Ltd.                                | QBE Insurance Group Ltd.                                              | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |      1597 | NS      | $23690.25     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Lancashire Holdings Ltd.                                | Lancashire Holdings Ltd.                                              | CUSIP: N/A<br>LEI: 5493002UNUYXLHOWF752       | Long             | EC               | CORP              | BM        |       398 | NS      | $3290.37      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AXA SA                                                  | AXA SA                                                                | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |       210 | NS      | $10199.53     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Hammerson plc                                           | Hammerson plc                                                         | CUSIP: N/A<br>LEI: 213800G1C9KKVVDN1A60       | Long             | EC               | CORP              | GB        |       673 | NS      | $2629.89      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Barrick Mining Corp.                                    | Barrick Mining Corp.                                                  | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |       800 | NS      | $16887.99     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| OMV AG                                                  | OMV AG                                                                | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |       259 | NS      | $13190.46     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| M&G plc                                                 | M&G plc                                                               | CUSIP: N/A<br>LEI: 254900TWUJUQ44TQJY84       | Long             | EC               | CORP              | GB        |      2008 | NS      | $6911.33      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Electron Ltd.                                     | Tokyo Electron Ltd.                                                   | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |       200 | NS      | $31795.77     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| New World Development Co. Ltd.                          | New World Development Co. Ltd.                                        | CUSIP: N/A<br>LEI: 2549008GWMWXTIRL4S48       | Long             | EC               | CORP              | HK        |      1000 | NS      | $818.89       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Skyworks Solutions, Inc.                                | Skyworks Solutions, Inc.                                              | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |       415 | NS      | $28444.10     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HOCHTIEF AG                                             | HOCHTIEF AG                                                           | CUSIP: N/A<br>LEI: 529900Y25S8NZIYTT924       | Long             | EC               | CORP              | DE        |        30 | NS      | $6536.81      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Williams Cos., Inc. (The)                               | Williams Cos., Inc. (The)                                             | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |       523 | NS      | $31353.85     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Great-West Lifeco, Inc.                                 | Great-West Lifeco, Inc.                                               | CUSIP: 39138C106<br>LEI: 549300X81X4VZEESFU46 | Long             | EC               | CORP              | CA        |       798 | NS      | $29965.31     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Nasdaq Equity Premium Income ETF               | JPMorgan Nasdaq Equity Premium Income ETF                             | CUSIP: 46654Q203<br>LEI: 549300QY7QH8W9EILZ23 | Long             |  | RF                | US        |    127514 | NS      | $7026021.40   | 23.63%            |  |  |  | No            |                  1 | On Loan: No      |
| TP ICAP Group plc                                       | TP ICAP Group plc                                                     | CUSIP: N/A<br>LEI: 2138006YAA7IRVKKGE63       | Long             | EC               | CORP              | JE        |       867 | NS      | $3499.89      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Weyerhaeuser Co.                                        | Weyerhaeuser Co.                                                      | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |       826 | NS      | $20691.30     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Amundi SA                                               | Amundi SA                                                             | CUSIP: N/A<br>LEI: 96950010FL2T1TJKR531       | Long             | EC               | CORP              | FR        |        37 | NS      | $2734.32      | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bank of Nova Scotia (The)                               | Bank of Nova Scotia (The)                                             | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |       550 | NS      | $30600.10     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander SA                                      | Banco Santander SA                                                    | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |      1545 | NS      | $13272.77     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                                | Enel SpA                                                              | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |      3421 | NS      | $30167.38     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Eiffage SA                                              | Eiffage SA                                                            | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |        31 | NS      | $4161.29      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                                          | Air Liquide SA                                                        | CUSIP: N/A<br>LEI: 969500MMPQVHK671GT54       | Long             | EC               | CORP              | FR        |        22 | NS      | $4328.21      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Regency Centers Corp.                                   | Regency Centers Corp.                                                 | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |       396 | NS      | $28274.40     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| A2A SpA                                                 | A2A SpA                                                               | CUSIP: N/A<br>LEI: 81560076E3944316DB24       | Long             | EC               | CORP              | IT        |      1237 | NS      | $3014.26      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Altria Group, Inc.                                      | Altria Group, Inc.                                                    | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |       539 | NS      | $33385.66     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Konecranes OYJ                                          | Konecranes OYJ                                                        | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |        73 | NS      | $6083.25      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Venture Corp. Ltd.                                      | Venture Corp. Ltd.                                                    | CUSIP: N/A<br>LEI: 254900B1NLZC3J1MAE72       | Long             | EC               | CORP              | SG        |       400 | NS      | $3967.70      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Assets Holdings Ltd.                              | Power Assets Holdings Ltd.                                            | CUSIP: N/A<br>LEI: 254900JOWYUW1ZX4DF47       | Long             | EC               | CORP              | HK        |      1500 | NS      | $9876.15      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Sabadell SA                                    | Banco de Sabadell SA                                                  | CUSIP: N/A<br>LEI: SI5RG2M0WQQLZCXKRM20       | Long             | EC               | CORP              | ES        |       867 | NS      | $3200.02      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Gjensidige Forsikring ASA                               | Gjensidige Forsikring ASA                                             | CUSIP: N/A<br>LEI: 5967007LIEEXZX6FAO47       | Long             | EC               | CORP              | NO        |        98 | NS      | $2577.76      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Delek Group Ltd.                                        | Delek Group Ltd.                                                      | CUSIP: N/A<br>LEI: 213800CYKA4XE2HZZB09       | Long             | EC               | CORP              | IL        |        20 | NS      | $4061.73      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| General Dynamics Corp.                                  | General Dynamics Corp.                                                | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |        22 | NS      | $6855.42      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mediobanca Banca di Credito Finanziario SpA             | Mediobanca Banca di Credito Finanziario SpA                           | CUSIP: N/A<br>LEI: PSNL19R2RXX5U3QWHI44       | Long             | EC               | CORP              | IT        |       186 | NS      | $4095.05      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | U.S. Treasury 10 Year Note                                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        32 | NC      | $38635.65     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TransDigm Group, Inc.                                   | TransDigm Group, Inc.                                                 | CUSIP: 893641100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |         8 | NS      | $12867.68     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cosmo Energy Holdings Co. Ltd.                          | Cosmo Energy Holdings Co. Ltd.                                        | CUSIP: N/A<br>LEI: 353800Y4GZ7KR5X7L150       | Long             | EC               | CORP              | JP        |       100 | NS      | $4438.26      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Ventas, Inc.                                            | Ventas, Inc.                                                          | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |       455 | NS      | $30566.90     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesco plc                                               | Tesco plc                                                             | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |      4611 | NS      | $25906.54     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| FANUC Corp.                                             | FANUC Corp.                                                           | CUSIP: N/A<br>LEI: 529900QTSW745LOKW705       | Long             | EC               | CORP              | JP        |       400 | NS      | $11134.79     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Iberdrola SA                                            | Iberdrola SA                                                          | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |      2398 | NS      | $42148.07     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Cie Financiere Richemont SA                             | Cie Financiere Richemont SA (Registered)                              | CUSIP: N/A<br>LEI: 549300YIPGJ6UX2QPS51       | Long             | EC               | CORP              | CH        |        60 | NS      | $9796.58      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Randstad NV                                             | Randstad NV                                                           | CUSIP: N/A<br>LEI: 7245009EAAUUQJ0U4T57       | Long             | EC               | CORP              | NL        |        99 | NS      | $4705.42      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Consolidated Edison, Inc.                               | Consolidated Edison, Inc.                                             | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |       280 | NS      | $28980.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co. (The)                                      | Southern Co. (The)                                                    | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |      1059 | NS      | $100054.32    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyushu Railway Co.                                      | Kyushu Railway Co.                                                    | CUSIP: N/A<br>LEI: 5299002CCI6HLWAN3K50       | Long             | EC               | CORP              | JP        |       600 | NS      | $14509.64     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Kimco Realty Corp.                                      | Kimco Realty Corp.                                                    | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |      1331 | NS      | $28257.13     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Annaly Capital Management, Inc.                         | Annaly Capital Management, Inc.                                       | CUSIP: 035710839<br>LEI: 2DTL0G3FPRYUT58TI025 | Long             | EC               | CORP              | US        |      1431 | NS      | $29092.23     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerzbank AG                                          | Commerzbank AG                                                        | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | EC               | CORP              | DE        |       187 | NS      | $6819.12      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Snam SpA                                                | Snam SpA                                                              | CUSIP: N/A<br>LEI: 8156002278562044AF79       | Long             | EC               | CORP              | IT        |       676 | NS      | $3917.60      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Diamondback Energy, Inc.                                | Diamondback Energy, Inc.                                              | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |       168 | NS      | $24974.88     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Electric Power Development Co. Ltd.                     | Electric Power Development Co. Ltd.                                   | CUSIP: N/A<br>LEI: 549300KMHPUAQI8VEH90       | Long             | EC               | CORP              | JP        |       700 | NS      | $12113.94     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| NOS SGPS SA                                             | NOS SGPS SA                                                           | CUSIP: N/A<br>LEI: 5493004DM8FGIY6QKF37       | Long             | EC               | CORP              | PT        |       934 | NS      | $3850.07      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BP plc                                                  | BP plc                                                                | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |      5434 | NS      | $29127.78     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Income ETF                                     | JPMorgan Income ETF                                                   | CUSIP: 46641Q159<br>LEI: 549300CYQ8KHPO2GR356 | Long             |  | RF                | US        |     12837 | NS      | $593069.40    | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Orkla ASA                                               | Orkla ASA                                                             | CUSIP: N/A<br>LEI: 549300PZS8G8RG6RVZ52       | Long             | EC               | CORP              | NO        |       226 | NS      | $2376.62      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Chugoku Electric Power Co., Inc. (The)                  | Chugoku Electric Power Co., Inc. (The)                                | CUSIP: N/A<br>LEI: 353800MV866ELME96Q46       | Long             | EC               | CORP              | JP        |      1000 | NS      | $5444.80      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Singapore Telecommunications Ltd.                       | Singapore Telecommunications Ltd.                                     | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |      6000 | NS      | $17880.88     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| LyondellBasell Industries NV                            | LyondellBasell Industries NV, Class A                                 | CUSIP: N/A<br>LEI: BN6WCCZ8OVP3ITUUVN49       | Long             | EC               | CORP              | NL        |       381 | NS      | $22071.33     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Enagas SA                                               | Enagas SA                                                             | CUSIP: N/A<br>LEI: 213800OU3FQKGM4M2U23       | Long             | EC               | CORP              | ES        |        72 | NS      | $1078.38      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Telia Co. AB                                            | Telia Co. AB                                                          | CUSIP: N/A<br>LEI: 213800FSR9RNDUOTXO25       | Long             | EC               | CORP              | SE        |      1437 | NS      | $5075.07      | 0.02%             |  |  |  | No            |                  2 | On Loan: —       |
| DOF Group ASA                                           | DOF Group ASA                                                         | CUSIP: N/A<br>LEI: 213800GIV9N2A714T434       | Long             | EC               | CORP              | NO        |       433 | NS      | $3964.69      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Pola Orbis Holdings, Inc.                               | Pola Orbis Holdings, Inc.                                             | CUSIP: N/A<br>LEI: 353800E8OIV0XYBABS79       | Long             | EC               | CORP              | JP        |       200 | NS      | $1688.16      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Clorox Co. (The)                                        | Clorox Co. (The)                                                      | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |       233 | NS      | $29255.48     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                                       | Eversource Energy                                                     | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |       465 | NS      | $30736.50     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KT&G Corp.                                              | KT&G Corp.                                                            | CUSIP: N/A<br>LEI: 988400ZJV6ISYBLQX875       | Long             | EC               | CORP              | KR        |        46 | NS      | $4311.30      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AGL Energy Ltd.                                         | AGL Energy Ltd.                                                       | CUSIP: N/A<br>LEI: 549300QAZ8A74DEDXO80       | Long             | EC               | CORP              | AU        |      2289 | NS      | $14265.27     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco, Inc.                                     | Japan Tobacco, Inc.                                                   | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |       300 | NS      | $8567.89      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Interpublic Group of Cos., Inc. (The)                   | Interpublic Group of Cos., Inc. (The)                                 | CUSIP: 460690100<br>LEI: 5493008IUOJ5VWTRC333 | Long             | EC               | CORP              | US        |       987 | NS      | $24280.20     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Otis Worldwide Corp.                                    | Otis Worldwide Corp.                                                  | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |       268 | NS      | $22964.92     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                                | Darden Restaurants, Inc.                                              | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |       146 | NS      | $29443.82     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Insignia Financial Ltd.                                 | Insignia Financial Ltd.                                               | CUSIP: N/A<br>LEI: 5493000NLB9VUM2IHC87       | Long             | EC               | CORP              | AU        |      1198 | NS      | $3451.18      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                          | Broadcom, Inc.                                                        | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |       215 | NS      | $63145.50     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ABB Ltd.                                                | ABB Ltd. (Registered)                                                 | CUSIP: N/A<br>LEI: 5493000LKVGOO9PELI61       | Long             | EC               | CORP              | CH        |       129 | NS      | $8423.45      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                         | Danske Bank A/S                                                       | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |       803 | NS      | $31856.20     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| IG Group Holdings plc                                   | IG Group Holdings plc                                                 | CUSIP: N/A<br>LEI: 2138003A5Q1M7ANOUD76       | Long             | EC               | CORP              | GB        |       108 | NS      | $1608.21      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Abbott Laboratories                                     | Abbott Laboratories                                                   | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |       311 | NS      | $39245.09     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                                 | International Paper Co.                                               | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |       575 | NS      | $26875.50     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                                    | Meta Platforms, Inc., Class A                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |       158 | NS      | $122203.52    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV                           | Koninklijke Ahold Delhaize NV                                         | CUSIP: N/A<br>LEI: 724500C9GNBV20UYRX36       | Long             | EC               | CORP              | NL        |       199 | NS      | $7859.80      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Betsson AB                                              | Betsson AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300W61XW8OFGBG077       | Long             | EC               | CORP              | SE        |       252 | NS      | $4266.96      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Group Holdings plc                              | Phoenix Group Holdings plc                                            | CUSIP: N/A<br>LEI: 2138001P49OLAEU33T68       | Long             | EC               | CORP              | GB        |      1070 | NS      | $9357.23      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd.                                       | Lenovo Group Ltd.                                                     | CUSIP: N/A<br>LEI: 254900VUZRGD5U73RE46       | Long             | EC               | CORP              | HK        |      6000 | NS      | $7693.50      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                         | ASML Holding NV                                                       | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |        50 | NS      | $34653.68     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Investec plc                                            | Investec plc                                                          | CUSIP: N/A<br>LEI: 2138007Z3U5GWDN3MY22       | Long             | EC               | CORP              | GB        |       431 | NS      | $3196.07      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.                       | Philip Morris International, Inc.                                     | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |       179 | NS      | $29364.95     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sage Group plc (The)                                    | Sage Group plc (The)                                                  | CUSIP: N/A<br>LEI: 2138005RN5XYLTF8G138       | Long             | EC               | CORP              | GB        |       460 | NS      | $7386.07      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER Banca SpA                                          | BPER Banca SpA                                                        | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |       446 | NS      | $4388.87      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BCE, Inc.                                               | BCE, Inc.                                                             | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |      1022 | NS      | $23838.80     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                                     | Realty Income Corp.                                                   | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |       498 | NS      | $27952.74     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| DBS Group Holdings Ltd.                                 | DBS Group Holdings Ltd.                                               | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |      1400 | NS      | $51386.28     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Shokubai Co. Ltd.                                | Nippon Shokubai Co. Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |       200 | NS      | $2273.79      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Orient Overseas International Ltd.                      | Orient Overseas International Ltd.                                    | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | BM        |       500 | NS      | $8996.14      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Canon, Inc.                                             | Canon, Inc.                                                           | CUSIP: N/A<br>LEI: 529900JH1GSC035SSP77       | Long             | EC               | CORP              | JP        |       500 | NS      | $14201.32     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Keurig Dr Pepper, Inc.                                  | Keurig Dr Pepper, Inc.                                                | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |       992 | NS      | $32388.80     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Activia Properties, Inc.                                | Activia Properties, Inc.                                              | CUSIP: N/A<br>LEI: 353800RPGYN3ML8CXV54       | Long             | EC               | CORP              | JP        |         3 | NS      | $2563.04      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                     | Intesa Sanpaolo SpA                                                   | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |      6056 | NS      | $36489.01     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Comcast Corp.                                           | Comcast Corp., Class A                                                | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |       645 | NS      | $21433.35     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy, Inc.                                       | Xcel Energy, Inc.                                                     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |       411 | NS      | $30183.84     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands, Inc.                                    | Conagra Brands, Inc.                                                  | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |      1368 | NS      | $24979.68     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd.                              | Woodside Energy Group Ltd.                                            | CUSIP: N/A<br>LEI: 2549005ZC5RXAOO7FH41       | Long             | EC               | CORP              | AU        |       682 | NS      | $11541.07     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd.                                          | BHP Group Ltd.                                                        | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |       310 | NS      | $7829.12      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp.                                      | Nippon Steel Corp.                                                    | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |       800 | NS      | $15406.41     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicaja Banco SA                                        | Unicaja Banco SA                                                      | CUSIP: N/A<br>LEI: 5493007SJLLCTM6J6M37       | Long             | EC               | CORP              | ES        |       934 | NS      | $2453.99      | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Motorola Solutions, Inc.                                | Motorola Solutions, Inc.                                              | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |        64 | NS      | $28094.72     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kansai Electric Power Co., Inc. (The)                   | Kansai Electric Power Co., Inc. (The)                                 | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |       300 | NS      | $3601.93      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mazda Motor Corp.                                       | Mazda Motor Corp.                                                     | CUSIP: N/A<br>LEI: 52990044YZJLICDQKK92       | Long             | EC               | CORP              | JP        |       300 | NS      | $1798.95      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cardinal Health, Inc.                                   | Cardinal Health, Inc.                                                 | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |       147 | NS      | $22817.34     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SAP SE                                                  | SAP SE                                                                | CUSIP: N/A<br>LEI: 529900D6BF99LW9R2E68       | Long             | EC               | CORP              | DE        |        94 | NS      | $26879.85     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Hysan Development Co. Ltd.                              | Hysan Development Co. Ltd.                                            | CUSIP: N/A<br>LEI: 5299007BABFLKIH9HL03       | Long             | EC               | CORP              | HK        |      1000 | NS      | $1989.85      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| TC Energy Corp.                                         | TC Energy Corp.                                                       | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |      1277 | NS      | $60974.54     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubu Electric Power Co., Inc.                          | Chubu Electric Power Co., Inc.                                        | CUSIP: N/A<br>LEI: 529900A76GOP0PGNHT63       | Long             | EC               | CORP              | JP        |       300 | NS      | $3669.22      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| US Bancorp                                              | US Bancorp                                                            | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |       424 | NS      | $19063.04     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                               | PPL Corp.                                                             | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |       238 | NS      | $8494.22      | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                                       | Wells Fargo & Co.                                                     | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |       303 | NS      | $24430.89     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SBM Offshore NV                                         | SBM Offshore NV                                                       | CUSIP: N/A<br>LEI: 549300RDGCRYZ5QE6513       | Long             | EC               | CORP              | NL        |       231 | NS      | $6024.31      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Generali SpA                                      | Banca Generali SpA                                                    | CUSIP: N/A<br>LEI: 815600903231FA2E7698       | Long             | EC               | CORP              | IT        |        56 | NS      | $3127.73      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KeyCorp                                                 | KeyCorp                                                               | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |      1803 | NS      | $32309.76     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.                   | Alexandria Real Estate Equities, Inc.                                 | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |        25 | NS      | $1910.75      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WPP plc                                                 | WPP plc                                                               | CUSIP: N/A<br>LEI: 549300LSGBXPYHXGDT93       | Long             | EC               | CORP              | JE        |      1094 | NS      | $5923.34      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Cisco Systems, Inc.                                     | Cisco Systems, Inc.                                                   | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |       471 | NS      | $32065.68     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                    | Mitsubishi UFJ Financial Group, Inc.                                  | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |      1600 | NS      | $22052.43     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Stellantis NV                                           | Stellantis NV                                                         | CUSIP: N/A<br>LEI: 549300LKT9PW7ZIBDF31       | Long             | EC               | CORP              | NL        |       201 | NS      | $1773.85      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Generali                                                | Generali                                                              | CUSIP: N/A<br>LEI: 549300X5UKJVE386ZB61       | Long             | EC               | CORP              | IT        |       157 | NS      | $5857.01      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Wartsila OYJ Abp                                        | Wartsila OYJ Abp                                                      | CUSIP: N/A<br>LEI: 743700G7A9J1PHM3X223       | Long             | EC               | CORP              | FI        |       505 | NS      | $13952.36     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| PepsiCo, Inc.                                           | PepsiCo, Inc.                                                         | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |       212 | NS      | $29239.04     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| United Urban Investment Corp.                           | United Urban Investment Corp.                                         | CUSIP: N/A<br>LEI: 353800GYZWBD7BDCN841       | Long             | EC               | CORP              | JP        |         9 | NS      | $9881.80      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Mediolanum SpA                                    | Banca Mediolanum SpA                                                  | CUSIP: N/A<br>LEI: 7LVZJ6XRIE7VNZ4UBX81       | Long             | EC               | CORP              | IT        |       891 | NS      | $15716.17     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Johnson Matthey plc                                     | Johnson Matthey plc                                                   | CUSIP: N/A<br>LEI: 2138001AVBSD1HSC6Z10       | Long             | EC               | CORP              | GB        |       219 | NS      | $5102.87      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Ono Pharmaceutical Co. Ltd.                             | Ono Pharmaceutical Co. Ltd.                                           | CUSIP: N/A<br>LEI: 529900G26L4NG4GFJZ86       | Long             | EC               | CORP              | JP        |       100 | NS      | $1118.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp.                         | Mitsubishi Chemical Group Corp.                                       | CUSIP: N/A<br>LEI: 353800YNKX4RQUGAR072       | Long             | EC               | CORP              | JP        |      1800 | NS      | $9804.19      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Region Group                                            | Region Group                                                          | CUSIP: N/A<br>LEI: 549300MS6NZV0B7K7D28       | Long             | EC               | CORP              | AU        |      1118 | NS      | $1673.16      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Corp. of Canada                                   | Power Corp. of Canada                                                 | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |       795 | NS      | $32038.68     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Erste Group Bank AG                                     | Erste Group Bank AG                                                   | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |        64 | NS      | $5852.42      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley                                          | Morgan Stanley                                                        | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       288 | NS      | $41028.48     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Holdings, Inc.                                   | Nomura Holdings, Inc.                                                 | CUSIP: N/A<br>LEI: 549300B3CEAHYG7K8164       | Long             | EC               | CORP              | JP        |       700 | NS      | $4624.41      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Unilever plc                                            | Unilever plc                                                          | CUSIP: N/A<br>LEI: 549300MKFYEKVRWML317       | Long             | EC               | CORP              | GB        |        68 | NS      | $3945.39      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| T-Mobile US, Inc.                                       | T-Mobile US, Inc.                                                     | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |       121 | NS      | $28847.61     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                              | Vonovia SE                                                            | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |       308 | NS      | $9558.97      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA                                         | Norsk Hydro ASA                                                       | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |       906 | NS      | $5369.85      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HP, Inc.                                                | HP, Inc.                                                              | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |       968 | NS      | $24006.40     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Building Fund, Inc.                              | Nippon Building Fund, Inc.                                            | CUSIP: N/A<br>LEI: 52990053R8NL2MB32172       | Long             | EC               | CORP              | JP        |         1 | NS      | $917.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Lung Properties Ltd.                               | Hang Lung Properties Ltd.                                             | CUSIP: N/A<br>LEI: 529900CIVTNMXQT59E61       | Long             | EC               | CORP              | HK        |      6000 | NS      | $6179.15      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Lowe's Cos., Inc.                                       | Lowe's Cos., Inc.                                                     | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |       204 | NS      | $45608.28     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                                    | Analog Devices, Inc.                                                  | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |       234 | NS      | $52563.42     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| British Land Co. plc (The)                              | British Land Co. plc (The)                                            | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |      1195 | NS      | $5492.15      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Frontier Real Estate Investment Corp.                   | Frontier Real Estate Investment Corp.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |         4 | NS      | $2281.56      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Unibail-Rodamco-Westfield                               | Unibail-Rodamco-Westfield                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | FR        |        38 | NS      | $3683.69      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| National Grid plc                                       | National Grid plc                                                     | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |       391 | NS      | $5494.37      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                        | Roche Holding AG                                                      | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |        69 | NS      | $21533.04     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                              | Allianz SE (Registered)                                               | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |       113 | NS      | $44655.12     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker BP ASA                                             | Aker BP ASA                                                           | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |       507 | NS      | $12196.71     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Exelon Corp.                                            | Exelon Corp.                                                          | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |       706 | NS      | $31727.64     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances, Inc.                | International Flavors & Fragrances, Inc.                              | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |       346 | NS      | $24576.38     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                           | Chevron Corp.                                                         | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       279 | NS      | $42307.56     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bankinter SA                                            | Bankinter SA                                                          | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |       155 | NS      | $2212.50      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Seagate Technology Holdings plc                         | Seagate Technology Holdings plc                                       | CUSIP: N/A<br>LEI: 635400RUXIFEZSRU8X70       | Long             | EC               | CORP              | IE        |       298 | NS      | $46788.98     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                            | Target Corp.                                                          | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |       257 | NS      | $25828.50     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| The Campbell's Co.                                      | The Campbell's Co.                                                    | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |       914 | NS      | $29174.88     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cembra Money Bank AG                                    | Cembra Money Bank AG                                                  | CUSIP: N/A<br>LEI: 549300ZDHOETLAIVTE82       | Long             | EC               | CORP              | CH        |        25 | NS      | $2805.76      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| ConocoPhillips                                          | ConocoPhillips                                                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |       287 | NS      | $27362.58     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co., Inc.                       | American Electric Power Co., Inc.                                     | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |       290 | NS      | $32810.60     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle, Inc.                                      | Crown Castle, Inc.                                                    | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |       293 | NS      | $30791.37     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell plc                                               | Shell plc                                                             | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |       558 | NS      | $20050.69     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Var Energi ASA                                          | Var Energi ASA                                                        | CUSIP: N/A<br>LEI: 549300LIVN3FFOJN2K47       | Long             | EC               | CORP              | NO        |      1456 | NS      | $4987.32      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Rubis SCA                                               | Rubis SCA                                                             | CUSIP: N/A<br>LEI: 969500MGFIKUGLTC9742       | Long             | EC               | CORP              | FR        |       130 | NS      | $4116.57      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Vallourec SACA                                          | Vallourec SACA                                                        | CUSIP: N/A<br>LEI: 969500P2Q1B47H4MCJ34       | Long             | EC               | CORP              | FR        |       158 | NS      | $2952.88      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB Group plc                                           | AIB Group plc                                                         | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |       556 | NS      | $4386.09      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Tyson Foods, Inc.                                       | Tyson Foods, Inc., Class A                                            | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |       501 | NS      | $26202.30     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corp.                                    | Avery Dennison Corp.                                                  | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |       150 | NS      | $25165.50     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JET2 plc                                                | JET2 plc                                                              | CUSIP: N/A<br>LEI: I72RQ3PNLDPW8R7JIJ56       | Long             | EC               | CORP              | GB        |       167 | NS      | $3577.03      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Woori Financial Group, Inc.                             | Woori Financial Group, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       147 | NS      | $2608.25      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Westlake Corp.                                          | Westlake Corp.                                                        | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |       176 | NS      | $13956.80     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ABN AMRO Bank NV                                        | ABN AMRO Bank NV                                                      | CUSIP: N/A<br>LEI: BFXS5XCH7N0Y05NIXW11       | Long             | EC               | CORP              | NL        |       497 | NS      | $14367.50     | 0.05%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                      | Banco Bilbao Vizcaya Argentaria SA                                    | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |       663 | NS      | $11057.69     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Yue Yuen Industrial Holdings Ltd.                       | Yue Yuen Industrial Holdings Ltd.                                     | CUSIP: N/A<br>LEI: 254900YUFIBANZ1XU687       | Long             | EC               | CORP              | BM        |      3500 | NS      | $5474.25      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Loomis AB                                               | Loomis AB                                                             | CUSIP: N/A<br>LEI: 213800NS2XXVRYS7WP40       | Long             | EC               | CORP              | SE        |       102 | NS      | $4033.01      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokio Marine Holdings, Inc.                             | Tokio Marine Holdings, Inc.                                           | CUSIP: N/A<br>LEI: 5299009QN2NZ191KLS29       | Long             | EC               | CORP              | JP        |       600 | NS      | $24091.76     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| BASF SE                                                 | BASF SE                                                               | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |       230 | NS      | $11272.17     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                                            | Bilfinger SE                                                          | CUSIP: N/A<br>LEI: 529900H0HULEN2BZ4604       | Long             | EC               | CORP              | DE        |        51 | NS      | $5486.86      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| T. Rowe Price Group, Inc.                               | T. Rowe Price Group, Inc.                                             | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |       229 | NS      | $23232.05     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris, Inc.                                           | Viatris, Inc.                                                         | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |      2758 | NS      | $24104.92     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                                     | Coca-Cola Co. (The)                                                   | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |       800 | NS      | $54312.00     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| VTech Holdings Ltd.                                     | VTech Holdings Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |       400 | NS      | $2963.99      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Carrefour SA                                            | Carrefour SA                                                          | CUSIP: N/A<br>LEI: 549300B8P6MUJ1YWTS08       | Long             | EC               | CORP              | FR        |       923 | NS      | $13227.54     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Proximus SADP                                           | Proximus SADP                                                         | CUSIP: N/A<br>LEI: 549300CWRXC5EP004533       | Long             | EC               | CORP              | BE        |       545 | NS      | $4528.26      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ITV plc                                                 | ITV plc                                                               | CUSIP: N/A<br>LEI: ZLECI7ED2QMWFGYCXZ59       | Long             | EC               | CORP              | GB        |      3698 | NS      | $4011.20      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Marsh & McLennan Cos., Inc.                             | Marsh & McLennan Cos., Inc.                                           | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |       107 | NS      | $21314.40     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bendigo & Adelaide Bank Ltd.                            | Bendigo & Adelaide Bank Ltd.                                          | CUSIP: N/A<br>LEI: 549300Y9URD6W70K0360       | Long             | EC               | CORP              | AU        |       660 | NS      | $5170.61      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Wilmar International Ltd.                               | Wilmar International Ltd.                                             | CUSIP: N/A<br>LEI: 549300H2EAI4YRLWBB20       | Long             | EC               | CORP              | SG        |      1100 | NS      | $2489.70      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Holdings Co. Ltd.                            | Japan Post Holdings Co. Ltd.                                          | CUSIP: N/A<br>LEI: 5299003D9N4JBS256X18       | Long             | EC               | CORP              | JP        |       700 | NS      | $6482.47      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                          | Takeda Pharmaceutical Co. Ltd.                                        | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |       600 | NS      | $16481.88     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Aozora Bank Ltd.                                        | Aozora Bank Ltd.                                                      | CUSIP: N/A<br>LEI: X0XUGKC9FD2CYUQNC010       | Long             | EC               | CORP              | JP        |      1000 | NS      | $14671.39     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| VICI Properties, Inc.                                   | VICI Properties, Inc.                                                 | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |       911 | NS      | $29698.60     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich Insurance Group AG                               | Zurich Insurance Group AG                                             | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |        13 | NS      | $8867.38      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Dow, Inc.                                               | Dow, Inc.                                                             | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |      1025 | NS      | $23872.25     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                              | Procter & Gamble Co. (The)                                            | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |       242 | NS      | $36413.74     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                                             | Aena SME SA                                                           | CUSIP: N/A<br>LEI: 959800R7QMXKF0NFMT29       | Long             | EC               | CORP              | ES        |       744 | NS      | $20034.53     | 0.07%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kenvue, Inc.                                            | Kenvue, Inc.                                                          | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |      1338 | NS      | $28686.72     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| UniCredit SpA                                           | UniCredit SpA                                                         | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |       447 | NS      | $32887.51     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Amcor plc                                               | Amcor plc                                                             | CUSIP: N/A<br>LEI: 549300GSODGFCDQ3DI89       | Long             | EC               | CORP              | JE        |       746 | NS      | $6975.10      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmet OYJ                                              | Valmet OYJ                                                            | CUSIP: N/A<br>LEI: 213800D9O7FUQDH83V62       | Long             | EC               | CORP              | FI        |       136 | NS      | $4907.13      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                  | Truist Financial Corp.                                                | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |      1177 | NS      | $51446.67     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mandatum OYJ                                            | Mandatum OYJ                                                          | CUSIP: N/A<br>LEI: 743700OAJK6L28Y2NN56       | Long             | EC               | CORP              | FI        |       357 | NS      | $2421.57      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| J Sainsbury plc                                         | J Sainsbury plc                                                       | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |      1475 | NS      | $5897.93      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Dunelm Group plc                                        | Dunelm Group plc                                                      | CUSIP: N/A<br>LEI: 213800WCOWEI3T5DUV19       | Long             | EC               | CORP              | GB        |       252 | NS      | $4042.43      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Endesa SA                                               | Endesa SA                                                             | CUSIP: N/A<br>LEI: 549300LHK07F2CHV4X31       | Long             | EC               | CORP              | ES        |      1246 | NS      | $36046.06     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Persimmon plc                                           | Persimmon plc                                                         | CUSIP: N/A<br>LEI: 213800XI72Y57UWN6F31       | Long             | EC               | CORP              | GB        |       436 | NS      | $6574.34      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Azimut Holding SpA                                      | Azimut Holding SpA                                                    | CUSIP: N/A<br>LEI: 81560025690EF8540635       | Long             | EC               | CORP              | IT        |        99 | NS      | $3365.26      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cairn Homes plc                                         | Cairn Homes plc                                                       | CUSIP: N/A<br>LEI: 635400DPX6WP2KKDOA83       | Long             | EC               | CORP              | IE        |      1655 | NS      | $4117.34      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyushu Electric Power Co., Inc.                         | Kyushu Electric Power Co., Inc.                                       | CUSIP: N/A<br>LEI: 549300BYNZPLKQVQH430       | Long             | EC               | CORP              | JP        |       300 | NS      | $2659.53      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Siemens AG                                              | Siemens AG (Registered)                                               | CUSIP: N/A<br>LEI: W38RGI023J3WT1HWRP32       | Long             | EC               | CORP              | DE        |       171 | NS      | $43554.27     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Endeavour Mining plc                                    | Endeavour Mining plc                                                  | CUSIP: N/A<br>LEI: 529900NI5MXQ91GHXR07       | Long             | EC               | CORP              | GB        |       171 | NS      | $5187.26      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Verizon Communications, Inc.                            | Verizon Communications, Inc.                                          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |       694 | NS      | $29675.44     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Poste Italiane SpA                                      | Poste Italiane SpA                                                    | CUSIP: N/A<br>LEI: 815600354DEDBD0BA991       | Long             | EC               | CORP              | IT        |       198 | NS      | $4277.78      | 0.01%             |  |  |  | Yes           |                  2 | On Loan: No      |
| United Energy Group Ltd.                                | United Energy Group Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |     30000 | NS      | $2173.44      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kellanova                                               | Kellanova                                                             | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |       382 | NS      | $30495.06     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cie Generale des Etablissements Michelin SCA            | Cie Generale des Etablissements Michelin SCA                          | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |       979 | NS      | $34829.40     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ACS Actividades de Construccion y Servicios SA          | ACS Actividades de Construccion y Servicios SA                        | CUSIP: N/A<br>LEI: 95980020140005558665       | Long             | EC               | CORP              | ES        |        78 | NS      | $5383.15      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Walt Disney Co. (The)                                   | Walt Disney Co. (The)                                                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |       721 | NS      | $85878.31     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources, Inc.                                | Franklin Resources, Inc.                                              | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |       610 | NS      | $14640.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                                         | AstraZeneca plc                                                       | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |       323 | NS      | $47123.01     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Amgen, Inc.                                             | Amgen, Inc.                                                           | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |       100 | NS      | $29510.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemira OYJ                                              | Kemira OYJ                                                            | CUSIP: N/A<br>LEI: 74370031Y7RK5H88CQ48       | Long             | EC               | CORP              | FI        |       179 | NS      | $3809.37      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Spark New Zealand Ltd.                                  | Spark New Zealand Ltd.                                                | CUSIP: N/A<br>LEI: 529900HUN51H3Y7QBB66       | Long             | EC               | CORP              | NZ        |      2964 | NS      | $4243.00      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ANDRITZ AG                                              | ANDRITZ AG                                                            | CUSIP: N/A<br>LEI: 549300VZKC61IR5U8G96       | Long             | EC               | CORP              | AT        |        59 | NS      | $4105.87      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Microsoft Corp.                                         | Microsoft Corp.                                                       | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |       457 | NS      | $243809.50    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Santander Bank Polska SA                                | Santander Bank Polska SA                                              | CUSIP: N/A<br>LEI: 259400LGXW3K0GDAG361       | Long             | EC               | CORP              | PL        |        16 | NS      | $2333.10      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Molson Coors Beverage Co.                               | Molson Coors Beverage Co., Class B                                    | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |       551 | NS      | $26844.72     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                                   | Bank of America Corp.                                                 | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |      1289 | NS      | $60931.03     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                            | CF Industries Holdings, Inc.                                          | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |       343 | NS      | $31840.69     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                          | Public Storage                                                        | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |        82 | NS      | $22299.08     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Inpex Corp.                                             | Inpex Corp.                                                           | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |       400 | NS      | $5695.50      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergy, Inc.                                            | Evergy, Inc.                                                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |       470 | NS      | $33276.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto plc                                           | Rio Tinto plc                                                         | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |       624 | NS      | $37165.09     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| KDX Realty Investment Corp.                             | KDX Realty Investment Corp.                                           | CUSIP: N/A<br>LEI: 353800FFT483NCIHFY42       | Long             | EC               | CORP              | JP        |         5 | NS      | $5373.32      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ONEOK, Inc.                                             | ONEOK, Inc.                                                           | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |       310 | NS      | $25454.10     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corp.                                    | Kimberly-Clark Corp.                                                  | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |       218 | NS      | $27167.16     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Safran SA                                               | Safran SA                                                             | CUSIP: N/A<br>LEI: 969500UIC89GT3UL7L24       | Long             | EC               | CORP              | FR        |        40 | NS      | $13190.06     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrica plc                                            | Centrica plc                                                          | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |      2810 | NS      | $6108.24      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Prime Money Market Fund                        | JPMorgan Prime Money Market Fund, Class IM                            | CUSIP: 46637K844<br>LEI: 549300YD7H8SEEU7VG41 | Long             | STIV             | RF                | US        |    761628 | NS      | $761703.99    | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinor ASA                                             | Equinor ASA                                                           | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |      1236 | NS      | $31749.85     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BPM SpA                                           | Banco BPM SpA                                                         | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |       362 | NS      | $4616.64      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Emerson Electric Co.                                    | Emerson Electric Co.                                                  | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |       527 | NS      | $76683.77     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd.                                     | Teck Resources Ltd., Class B                                          | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |        25 | NS      | $810.66       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SoftBank Corp.                                          | SoftBank Corp.                                                        | CUSIP: N/A<br>LEI: 353800M1YCTS9JRBJ535       | Long             | EC               | CORP              | JP        |     14600 | NS      | $21094.62     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Volvo AB                                                | Volvo AB, Class B                                                     | CUSIP: 928856301<br>LEI: 549300HGV012CNC8JD22 | Long             | EC               | CORP              | SE        |      2980 | NS      | $85585.01     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Heijmans N.V.                               | Koninklijke Heijmans N.V.                                             | CUSIP: N/A<br>LEI: 724500OUE3PCA809DZ79       | Long             | EC               | CORP              | NL        |        90 | NS      | $5736.31      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Millicom International Cellular SA                      | Millicom International Cellular SA                                    | CUSIP: N/A<br>LEI: 549300CTHC1CP86P2G96       | Long             | EC               | CORP              | LU        |       110 | NS      | $4416.50      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Plus500 Ltd.                                            | Plus500 Ltd.                                                          | CUSIP: N/A<br>LEI: 549300X8NGW9C5OJZU13       | Long             | EC               | CORP              | IL        |        64 | NS      | $2840.43      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| 3M Co.                                                  | 3M Co.                                                                | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |       200 | NS      | $29844.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                        | TotalEnergies SE                                                      | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |       464 | NS      | $27591.99     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Woolworths Group Ltd.                                   | Woolworths Group Ltd.                                                 | CUSIP: N/A<br>LEI: QNWEWQBS7HP85QHXQL92       | Long             | EC               | CORP              | AU        |       531 | NS      | $10719.88     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Naturgy Energy Group SA                                 | Naturgy Energy Group SA                                               | CUSIP: N/A<br>LEI: TL2N6M87CW970S5SV098       | Long             | EC               | CORP              | ES        |       500 | NS      | $15680.09     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kone OYJ                                                | Kone OYJ, Class B                                                     | CUSIP: N/A<br>LEI: 2138001CNF45JP5XZK38       | Long             | EC               | CORP              | FI        |       105 | NS      | $6447.89      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                                | Engie SA                                                              | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |      2334 | NS      | $52464.21     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Salmar ASA                                              | Salmar ASA                                                            | CUSIP: N/A<br>LEI: 5967007LIEEXZXGDBK67       | Long             | EC               | CORP              | NO        |        88 | NS      | $3574.92      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, Inc.                                               | BXP, Inc.                                                             | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |       416 | NS      | $27218.88     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BT Group plc                                            | BT Group plc                                                          | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |      1690 | NS      | $4615.46      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Bayerische Motoren Werke AG                             | Bayerische Motoren Werke AG                                           | CUSIP: N/A<br>LEI: YEH5ZCD6E441RHVHD759       | Long             | EC               | CORP              | DE        |        24 | NS      | $2283.63      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                               | Nestle SA (Registered)                                                | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |       116 | NS      | $10135.75     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Admiral Group plc                                       | Admiral Group plc                                                     | CUSIP: N/A<br>LEI: 213800FGVM7Z9EJB2685       | Long             | EC               | CORP              | GB        |        94 | NS      | $4237.20      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                                            | KBC Group NV                                                          | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |        32 | NS      | $3337.72      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Sindall Group plc                                | Morgan Sindall Group plc                                              | CUSIP: N/A<br>LEI: 2138008339ULDGZRB345       | Long             | EC               | CORP              | GB        |        71 | NS      | $4307.51      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Exchange Group, Inc.                              | Japan Exchange Group, Inc.                                            | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Long             | EC               | CORP              | JP        |      1200 | NS      | $11726.86     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortis, Inc.                                            | Fortis, Inc.                                                          | CUSIP: 349553107<br>LEI: 549300MQYQ9Y065XPR71 | Long             | EC               | CORP              | CA        |       647 | NS      | $31658.92     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sydbank A/S                                             | Sydbank A/S                                                           | CUSIP: N/A<br>LEI: GP5DT10VX1QRQUKVBK64       | Long             | EC               | CORP              | DK        |        46 | NS      | $3408.01      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Metcash Ltd.                                            | Metcash Ltd.                                                          | CUSIP: N/A<br>LEI: 25490065W4SN3LZMX216       | Long             | EC               | CORP              | AU        |      2555 | NS      | $6378.57      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                                        | Coca-Cola HBC AG                                                      | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |        91 | NS      | $4729.47      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| RTX Corp.                                               | RTX Corp.                                                             | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |       223 | NS      | $35138.11     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Unipol Assicurazioni SpA                                | Unipol Assicurazioni SpA                                              | CUSIP: N/A<br>LEI: 8156005CE5E7340CCA86       | Long             | EC               | CORP              | IT        |       201 | NS      | $4031.60      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Gaztransport Et Technigaz SA                            | Gaztransport Et Technigaz SA                                          | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |        23 | NS      | $4325.97      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Alliant Energy Corp.                                    | Alliant Energy Corp.                                                  | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |       258 | NS      | $16772.58     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Rubber Industries Ltd.                         | Sumitomo Rubber Industries Ltd.                                       | CUSIP: N/A<br>LEI: 353800JD4V72SJ3EOX37       | Long             | EC               | CORP              | JP        |       200 | NS      | $2285.90      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                            | Mondelez International, Inc., Class A                                 | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |       267 | NS      | $17272.23     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                            | AbbVie, Inc.                                                          | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |       387 | NS      | $73150.74     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group, Inc.                                     | Omnicom Group, Inc.                                                   | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |       637 | NS      | $45895.85     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge, Inc.                                          | Enbridge, Inc.                                                        | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |       722 | NS      | $32697.39     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AEON REIT Investment Corp.                              | AEON REIT Investment Corp.                                            | CUSIP: N/A<br>LEI: 353800P59F8MJB4FE788       | Long             | EC               | CORP              | JP        |         4 | NS      | $3410.26      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | NASDAQ 100 E-Mini Index                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         4 | NC      | $119572.88    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene OYJ                                         | UPM-Kymmene OYJ                                                       | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |       192 | NS      | $4976.21      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| WEC Energy Group, Inc.                                  | WEC Energy Group, Inc.                                                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |       269 | NS      | $29342.52     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| PACCAR, Inc.                                            | PACCAR, Inc.                                                          | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |       467 | NS      | $46120.92     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                   | NXP Semiconductors NV                                                 | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |        62 | NS      | $13253.74     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                                        | Baker Hughes Co.                                                      | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1134 | NS      | $51086.70     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NetApp, Inc.                                            | NetApp, Inc.                                                          | CUSIP: 64110D104<br>LEI: QTX3D84DZDD5JYOCYH15 | Long             | EC               | CORP              | US        |       235 | NS      | $24470.55     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                                  | Sempra                                                                | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |       370 | NS      | $30221.60     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Heineken NV                                             | Heineken NV                                                           | CUSIP: N/A<br>LEI: 724500K5PTPSST86UQ23       | Long             | EC               | CORP              | NL        |       128 | NS      | $10046.94     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                                | Tele2 AB, Class B                                                     | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |      2288 | NS      | $35361.32     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hershey Co. (The)                                       | Hershey Co. (The)                                                     | CUSIP: 427866108<br>LEI: 21X2CX66SU2BR6QTAD08 | Long             | EC               | CORP              | US        |        68 | NS      | $12656.84     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Coface SA                                               | Coface SA                                                             | CUSIP: N/A<br>LEI: 96950025N07LTJYFSN57       | Long             | EC               | CORP              | FR        |       163 | NS      | $3030.60      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| OCI NV                                                  | OCI NV                                                                | CUSIP: N/A<br>LEI: 549300NCMRGIBJYUOE57       | Long             | EC               | CORP              | NL        |       575 | NS      | $4789.41      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Magellan Financial Group Ltd.                           | Magellan Financial Group Ltd.                                         | CUSIP: N/A<br>LEI: 549300X5WFW6USQQ9U26       | Long             | EC               | CORP              | AU        |       264 | NS      | $1795.22      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cathay Pacific Airways Ltd.                             | Cathay Pacific Airways Ltd.                                           | CUSIP: N/A<br>LEI: EQNZNT235RBOJ6LJQZ02       | Long             | EC               | CORP              | HK        |      2000 | NS      | $2972.63      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Heidelberg Materials AG                                 | Heidelberg Materials AG                                               | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |        39 | NS      | $8997.10      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| EOG Resources, Inc.                                     | EOG Resources, Inc.                                                   | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |        20 | NS      | $2400.40      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                                   | Gilead Sciences, Inc.                                                 | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |       279 | NS      | $31328.91     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                                       | Duke Energy Corp.                                                     | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |       264 | NS      | $32112.96     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | JPMorgan BetaBuilders USD High Yield Corporate Bond ETF               | CUSIP: 46641Q878<br>LEI: 549300UUJZT2ZWE64W88 | Long             |  | RF                | US        |    231052 | NS      | $10750849.56  | 36.15%            |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                                | UnitedHealth Group, Inc.                                              | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |        66 | NS      | $16470.96     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Covivio SA                                              | Covivio SA                                                            | CUSIP: N/A<br>LEI: 969500P8M3W2XX376054       | Long             | EC               | CORP              | FR        |       117 | NS      | $7574.79      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                            | CaixaBank SA                                                          | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |       669 | NS      | $6294.16      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Vend Marketplaces ASA                                   | Vend Marketplaces ASA, Class A                                        | CUSIP: N/A<br>LEI: 5967007LIEEXZXHT0O36       | Long             | EC               | CORP              | NO        |       131 | NS      | $5170.83      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                     | Deutsche Telekom AG (Registered)                                      | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |      1194 | NS      | $42823.91     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd.                                          | Credicorp Ltd.                                                        | CUSIP: N/A<br>LEI: 529900UYAEYQCQ2BKB17       | Long             | EC               | CORP              | BM        |        28 | NS      | $6636.00      | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                             | Novartis AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |       213 | NS      | $24257.95     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| New Hope Corp. Ltd.                                     | New Hope Corp. Ltd.                                                   | CUSIP: N/A<br>LEI: 254900DHRUGXZSLSNZ83       | Long             | EC               | CORP              | AU        |       866 | NS      | $2312.87      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American plc                                      | Anglo American plc                                                    | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |       295 | NS      | $8300.75      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| TELUS Corp.                                             | TELUS Corp.                                                           | CUSIP: 87971M103<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | EC               | CORP              | CA        |      1543 | NS      | $24855.48     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Barratt Redrow plc                                      | Barratt Redrow plc                                                    | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |      3217 | NS      | $15841.98     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Restaurant Brands International, Inc.                   | Restaurant Brands International, Inc.                                 | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |       405 | NS      | $27481.31     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                                        | McDonald's Corp.                                                      | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |       206 | NS      | $61814.42     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                                     | Kinder Morgan, Inc.                                                   | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      1129 | NS      | $31679.74     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA                                 | Anheuser-Busch InBev SA                                               | CUSIP: N/A<br>LEI: 5493008H3828EMEXB082       | Long             | EC               | CORP              | BE        |        82 | NS      | $4714.40      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Healthpeak Properties, Inc.                             | Healthpeak Properties, Inc.                                           | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |      1465 | NS      | $24817.10     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture plc                                           | Accenture plc, Class A                                                | CUSIP: N/A<br>LEI: 5493000EWHDSR3MZWH98       | Long             | EC               | CORP              | IE        |       114 | NS      | $30449.40     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Equity Premium Income ETF                      | JPMorgan Equity Premium Income ETF                                    | CUSIP: 46641Q332<br>LEI: 549300WPLSUZ3ZNSFP07 | Long             |  | RF                | US        |     24830 | NS      | $1402398.40   | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortum OYJ                                              | Fortum OYJ                                                            | CUSIP: N/A<br>LEI: 635400IUIZZIUJSAMF76       | Long             | EC               | CORP              | FI        |       261 | NS      | $4788.24      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Dominion Energy, Inc.                                   | Dominion Energy, Inc.                                                 | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |       530 | NS      | $30978.50     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| IGO Ltd.                                                | IGO Ltd.                                                              | CUSIP: N/A<br>LEI: 2549005DZO8VGXM5QN07       | Long             | EC               | CORP              | AU        |       507 | NS      | $1426.28      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| International Consolidated Airlines Group SA            | International Consolidated Airlines Group SA                          | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |       798 | NS      | $3987.28      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Ascendas REIT                                | CapitaLand Ascendas                                                   | CUSIP: N/A<br>LEI: 549300ILIBAEMQZK3L20       | Long             | EC               | CORP              | SG        |      3200 | NS      | $6851.61      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Hana Financial Group, Inc.                              | Hana Financial Group, Inc.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |        72 | NS      | $4402.02      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fastenal Co.                                            | Fastenal Co.                                                          | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |       778 | NS      | $35889.14     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FinecoBank Banca Fineco SpA                             | FinecoBank Banca Fineco SpA                                           | CUSIP: N/A<br>LEI: 549300L7YCATGO57ZE10       | Long             | EC               | CORP              | IT        |       147 | NS      | $3130.22      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Capgemini SE                                            | Capgemini SE                                                          | CUSIP: N/A<br>LEI: 96950077L0TN7BAROX36       | Long             | EC               | CORP              | FR        |        51 | NS      | $7592.70      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA                            | B&M European Value Retail SA                                          | CUSIP: N/A<br>LEI: 213800UK7ZRLY2K1X530       | Long             | EC               | CORP              | LU        |      2158 | NS      | $6378.77      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Entergy Corp.                                           | Entergy Corp.                                                         | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |       382 | NS      | $34544.26     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial & Infrastructure Fund Investment Corp.       | Industrial & Infrastructure Fund Investment Corp.                     | CUSIP: N/A<br>LEI: 353800WCHFY04YKYCI19       | Long             | EC               | CORP              | JP        |         5 | NS      | $4091.12      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp.                                      | Suzuki Motor Corp.                                                    | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |      1500 | NS      | $16481.36     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                       | HSBC Holdings plc                                                     | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |      1506 | NS      | $18347.55     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Henderson Land Development Co. Ltd.                     | Henderson Land Development Co. Ltd.                                   | CUSIP: N/A<br>LEI: 529900SYQB7IVR9QGN76       | Long             | EC               | CORP              | HK        |      1000 | NS      | $3499.28      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Shin-Etsu Chemical Co. Ltd.                             | Shin-Etsu Chemical Co. Ltd.                                           | CUSIP: N/A<br>LEI: 353800PX8Q64N86H5W41       | Long             | EC               | CORP              | JP        |      1100 | NS      | $31654.61     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                         | Nordea Bank Abp                                                       | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |      4394 | NS      | $64116.32     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Pennon Group plc                                        | Pennon Group plc                                                      | CUSIP: N/A<br>LEI: 213800V1CCTS41GWH423       | Long             | EC               | CORP              | GB        |       761 | NS      | $5027.49      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Continental AG                                          | Continental AG                                                        | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |        70 | NS      | $5978.75      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke BAM Groep NV                                | Koninklijke BAM Groep NV                                              | CUSIP: N/A<br>LEI: 724500V38C5KTDY5BS93       | Long             | EC               | CORP              | NL        |       722 | NS      | $6303.24      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| American Tower Corp.                                    | American Tower Corp.                                                  | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |       144 | NS      | $30008.16     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Isuzu Motors Ltd.                                       | Isuzu Motors Ltd.                                                     | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |       100 | NS      | $1281.60      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Agnico Eagle Mines Ltd.                                 | Agnico Eagle Mines Ltd.                                               | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |       105 | NS      | $13034.82     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ford Motor Co.                                          | Ford Motor Co.                                                        | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |      2768 | NS      | $30641.76     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House REIT, Inc.                                | Sekisui House REIT, Inc.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |         5 | NS      | $2597.47      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Lockheed Martin Corp.                                   | Lockheed Martin Corp.                                                 | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |        55 | NS      | $23153.90     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Aker Solutions ASA                                      | Aker Solutions ASA                                                    | CUSIP: N/A<br>LEI: 5967007LIEEXZXG42836       | Long             | EC               | CORP              | NO        |      1162 | NS      | $3436.85      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Bouygues SA                                             | Bouygues SA                                                           | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |        98 | NS      | $4035.31      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy, Inc.                                     | Suncor Energy, Inc.                                                   | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |       774 | NS      | $30527.64     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co.                                    | Eastman Chemical Co.                                                  | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |       308 | NS      | $22363.88     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Land Securities Group plc                               | Land Securities Group plc                                             | CUSIP: N/A<br>LEI: 213800V8IAVKS37D6B88       | Long             | EC               | CORP              | GB        |      1090 | NS      | $8289.39      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Steel Ltd.                                         | Kobe Steel Ltd.                                                       | CUSIP: N/A<br>LEI: 549300ZDCYYUPHEE5K87       | Long             | EC               | CORP              | JP        |       500 | NS      | $5493.55      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group plc                                       | NatWest Group plc                                                     | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |       852 | NS      | $5914.23      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Man Wah Holdings Ltd.                                   | Man Wah Holdings Ltd.                                                 | CUSIP: N/A<br>LEI: 52990005BW6K71UPKX41       | Long             | EC               | CORP              | BM        |      2800 | NS      | $1579.50      | 0.01%             |  |  |  | No            |                  2 | 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        |      3769 | NS      | $3768.75      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Re AG                                             | Swiss Re AG                                                           | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |        35 | NS      | $6265.05      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Iron Mountain, Inc.                                     | Iron Mountain, Inc.                                                   | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |       281 | NS      | $27358.16     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgestone Corp.                                       | Bridgestone Corp.                                                     | CUSIP: N/A<br>LEI: 549300DHPOF90OYYD780       | Long             | EC               | CORP              | JP        |       400 | NS      | $16180.08     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE plc                                                 | SSE plc                                                               | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |       304 | NS      | $7451.73      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Salesforce, Inc.                                        | Salesforce, Inc.                                                      | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |       132 | NS      | $34099.56     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services, Inc.            | Fidelity National Information Services, Inc.                          | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |      1084 | NS      | $86080.44     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Games Workshop Group plc                                | Games Workshop Group plc                                              | CUSIP: N/A<br>LEI: 213800RP9QJQYGWHNT41       | Long             | EC               | CORP              | GB        |        16 | NS      | $3428.20      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                            | DNB Bank ASA                                                          | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |       177 | NS      | $4478.06      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Technogym SpA                                           | Technogym SpA                                                         | CUSIP: N/A<br>LEI: 815600B9149F66E77F76       | Long             | EC               | CORP              | IT        |       292 | NS      | $4505.34      | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Klepierre SA                                            | Klepierre SA                                                          | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |       819 | NS      | $31262.84     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Pernod Ricard SA                                        | Pernod Ricard SA                                                      | CUSIP: N/A<br>LEI: 52990097YFPX9J0H5D87       | Long             | EC               | CORP              | FR        |       144 | NS      | $14798.72     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                                        | ASR Nederland NV                                                      | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |        63 | NS      | $4184.71      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley plc                                             | Beazley plc                                                           | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |       251 | NS      | $2957.46      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Taylor Wimpey plc                                       | Taylor Wimpey plc                                                     | CUSIP: N/A<br>LEI: 21380089BTRXTD8S3R66       | Long             | EC               | CORP              | GB        |      2224 | NS      | $2992.36      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Comercial Portugues SA                            | Banco Comercial Portugues SA, Class R                                 | CUSIP: N/A<br>LEI: JU1U6S0DG9YLT7N8ZV32       | Long             | EC               | CORP              | PT        |      3724 | NS      | $3057.95      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Aviva plc                                               | Aviva plc                                                             | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |       615 | NS      | $5254.56      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitie Group plc                                         | Mitie Group plc                                                       | CUSIP: N/A<br>LEI: 213800MTCLTKEHWZMJ03       | Long             | EC               | CORP              | GB        |      2679 | NS      | $4967.61      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| PCCW Ltd.                                               | PCCW Ltd.                                                             | CUSIP: N/A<br>LEI: 254900SI7GPUPA1TJX39       | Long             | EC               | CORP              | HK        |      2000 | NS      | $1432.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Best Buy Co., Inc.                                      | Best Buy Co., Inc.                                                    | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |       517 | NS      | $33636.02     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Timothy J. Clemens

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

**Title:** Treasurer and Principal Financial Officer