Schedule of Investments(a)
Invesco China Technology ETF
(CQQQ)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco China Technology ETF
(CQQQ)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco China Technology ETF
(CQQQ)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: | |
| ADR | -American Depositary Receipt |
| Notes to Schedule of Investments: | |
| (a) | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is the exclusive property and a service mark of MSCI Inc. and Standard & Poor’s. |
| (b) | Non-income producing security. |
| (c) | All or a portion of this security was out on loan at January 31, 2024. |
| (d) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $83,418,623, which represented 16.33% of the Fund’s Net Assets. |
| (e) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $30,701,679 | $(30,701,679) | $- | $- | $- | $18,375 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 7,228,670 | 53,890,332 | (54,743,014) | - | - | 6,375,988 | 136,267* | ||||||
| Invesco Private Prime Fund | 18,593,579 | 101,296,867 | (103,516,941) | 1,841 | 20,053 | 16,395,399 | 374,968* | ||||||
| Total | $25,822,249 | $185,888,878 | $(188,961,634) | $1,841 | $20,053 | $22,771,387 | $529,610 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
See accompanying notes which are an integral part
of this schedule.
Invesco China Technology ETF
(CQQQ)—(continued)
January 31, 2024
(Unaudited)
| (f) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (g) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
| This Fund has holdings greater than 10% of net assets in the following country: | |
| China | 100.20% |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco Dorsey Wright Developed
Markets Momentum ETF (PIZ)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco Dorsey Wright Developed Markets Momentum ETF
(PIZ)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| PC-Participation Certificate |
| Rts.-Rights |
| Notes to Schedule of Investments: | |
| (a) | All or a portion of this security was out on loan at January 31, 2024. |
| (b) | Non-income producing security. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $2,175,541, which represented 1.76% of the Fund’s Net Assets. |
| (d) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $3,435,135 | $(3,435,135) | $- | $- | $- | $760 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 3,378,573 | 2,880,646 | (4,252,808) | - | - | 2,006,411 | 31,934* | ||||||
| Invesco Private Prime Fund | 8,689,974 | 6,511,640 | (10,046,402) | 550 | 3,577 | 5,159,339 | 85,025* | ||||||
| Total | $12,068,547 | $12,827,421 | $(17,734,345) | $550 | $3,577 | $7,165,750 | $117,719 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
See accompanying notes which are an integral part
of this schedule.
Invesco Dorsey Wright Developed Markets Momentum ETF
(PIZ)—(continued)
January 31, 2024
(Unaudited)
| (e) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (f) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco Dorsey Wright Emerging
Markets Momentum ETF (PIE)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco Dorsey Wright Emerging Markets Momentum ETF
(PIE)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| CPO-Certificates of Ordinary Participation |
| NVDR-Non-Voting Depositary Receipt |
| Notes to Schedule of Investments: | |
| (a) | Non-income producing security. |
| (b) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $2,777,212, which represented 2.25% of the Fund’s Net Assets. |
| (c) | All or a portion of this security was out on loan at January 31, 2024. |
| (d) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $5,307,529 | $(5,307,529) | $- | $- | $- | $974 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 1,213,235 | 2,541,068 | (1,618,633) | - | - | 2,135,670 | 19,422* | ||||||
| Invesco Private Prime Fund | 3,120,675 | 5,700,891 | (3,331,900) | 577 | 1,479 | 5,491,722 | 51,888* | ||||||
| Total | $4,333,910 | $13,549,488 | $(10,258,062) | $577 | $1,479 | $7,627,392 | $72,284 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (f) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and
a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco FTSE RAFI Developed Markets
ex-U.S. ETF (PXF)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| BR-Bearer Shares |
| CDI-CREST Depository Interest |
| CVA-Dutch Certificates |
| FDR-Fiduciary Depositary Receipt |
| PC-Participation Certificate |
| Pfd.-Preferred |
| REIT-Real Estate Investment Trust |
| RSP-Registered Savings Plan Shares |
| Rts.-Rights |
| Notes to Schedule of Investments: | |
| (a) | All or a portion of this security was out on loan at January 31, 2024. |
| (b) | Non-income producing security. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $11,738,684, which represented less than 1% of the Fund’s Net Assets. |
| (d) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| (e) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $9,816,520 | $(9,816,520) | $- | $- | $- | $9,182 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 33,489,437 | 41,211,402 | (48,535,268) | - | - | 26,165,571 | 405,820* | ||||||
| Invesco Private Prime Fund | 86,337,423 | 93,298,046 | (112,405,433) | 3,832 | 42,551 | 67,276,419 | 1,082,935* | ||||||
| Total | $119,826,860 | $144,325,968 | $(170,757,221) | $3,832 | $42,551 | $93,441,990 | $1,497,937 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
See accompanying notes which are an integral part
of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S. ETF
(PXF)—(continued)
January 31, 2024
(Unaudited)
| (f) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (g) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco FTSE RAFI Developed Markets
ex-U.S. Small-Mid ETF (PDN)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Developed Markets ex-U.S.
Small-Mid ETF (PDN)—(continued)
January 31, 2024
(Unaudited)
| Shares | Value | |||
| Money Market Funds-(continued) | ||||
Invesco Private Prime Fund, 5.52%(e)(f)(g) | 51,581,716 | $51,617,823 | ||
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $71,948,526) | 71,966,726 | |||
TOTAL INVESTMENTS IN SECURITIES-113.59% (Cost $586,622,221) | 592,821,895 | |||
OTHER ASSETS LESS LIABILITIES-(13.59)% | (70,925,718) | |||
NET ASSETS-100.00% | $521,896,177 | |||
| Investment Abbreviations: |
| BR-Bearer Shares |
| CDI-CREST Depository Interest |
| CVA-Dutch Certificates |
| Pfd.-Preferred |
| REIT-Real Estate Investment Trust |
| RSP-Registered Savings Plan Shares |
| Wts.-Warrants |
| Notes to Schedule of Investments: | |
| (a) | Non-income producing security. |
| (b) | All or a portion of this security was out on loan at January 31, 2024. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $24,085,596, which represented 4.62% of the Fund’s Net Assets. |
| (d) | Restricted security. The value of this security at January 31, 2024 represented less than 1% of the Fund’s Net Assets. |
| (e) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $3,666,634 | $(3,666,634) | $- | $- | $- | $3,587 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 20,432,049 | 16,048,870 | (16,132,016) | - | - | 20,348,903 | 270,793* | ||||||
| Invesco Private Prime Fund | 52,552,988 | 35,613,282 | (36,582,301) | 15,355 | 18,499 | 51,617,823 | 717,858* | ||||||
| Total | $72,985,037 | $55,328,786 | $(56,380,951) | $15,355 | $18,499 | $71,966,726 | $992,238 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (f) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (g) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco FTSE RAFI Emerging Markets
ETF (PXH)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Emerging Markets ETF
(PXH)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Emerging Markets ETF
(PXH)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Emerging Markets ETF
(PXH)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco FTSE RAFI Emerging Markets ETF
(PXH)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| CPO-Certificates of Ordinary Participation |
| NVDR-Non-Voting Depositary Receipt |
| Notes to Schedule of Investments: | |
| (a) | Non-income producing security. |
| (b) | All or a portion of this security was out on loan at January 31, 2024. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $24,531,465, which represented 2.07% of the Fund’s Net Assets. |
| (d) | Each CPO for Cemex S.A.B. de C.V. represents two Series A shares and one Series B share. |
| (e) | Each CPO for Fomento Economico Mexicano, S.A.B. de C.V. represents one Series B share and four Series D shares. |
| (f) | Each CPO for Grupo Televisa S.A.B. represents twenty-five Series A shares, twenty-two Series B shares, thirty-five Series D shares and thirty-five Series L shares. |
| (g) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| (h) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $16,010,796 | $(9,011,581) | $- | $- | $6,999,215 | $10,499 |
See accompanying notes which are an integral part
of this schedule.
Invesco FTSE RAFI Emerging Markets ETF
(PXH)—(continued)
January 31, 2024
(Unaudited)
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | $4,807,946 | $9,520,855 | $(9,276,514) | $- | $- | $5,052,287 | $62,797* | ||||||
| Invesco Private Prime Fund | 12,366,493 | 19,277,731 | (18,659,522) | 533 | 6,357 | 12,991,592 | 164,900* | ||||||
| Total | $17,174,439 | $44,809,382 | $(36,947,617) | $533 | $6,357 | $25,043,094 | $238,196 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (i) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (j) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco Global Clean Energy ETF
(PBD)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco Global Clean Energy ETF
(PBD)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| Notes to Schedule of Investments: | |
| (a) | Non-income producing security. |
| (b) | All or a portion of this security was out on loan at January 31, 2024. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $7,593,919, which represented 5.98% of the Fund’s Net Assets. |
| (d) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $1,503,517 | $(1,503,517) | $- | $- | $- | $1,505 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 11,689,928 | 17,656,294 | (17,834,381) | - | - | 11,511,841 | 156,132* | ||||||
| Invesco Private Prime Fund | 30,067,649 | 29,491,762 | (30,007,063) | 6,059 | 11,915 | 29,570,322 | 422,115* | ||||||
| Total | $41,757,577 | $48,651,573 | $(49,344,961) | $6,059 | $11,915 | $41,082,163 | $579,752 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
See accompanying notes which are an integral part
of this schedule.
Invesco Global Clean Energy ETF
(PBD)—(continued)
January 31, 2024
(Unaudited)
| (e) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (f) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco Global Water ETF (PIO)
January 31, 2024
(Unaudited)
| Notes to Schedule of Investments: | |
| (a) | All or a portion of this security was out on loan at January 31, 2024. |
| (b) | Non-income producing security. |
| (c) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $389,246 | $(389,246) | $- | $- | $- | $584 |
See accompanying notes which are an integral part
of this schedule.
Invesco Global Water ETF (PIO)—(continued)
January 31, 2024
(Unaudited)
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | $1,640,696 | $30,743,050 | $(30,379,169) | $- | $- | $2,004,577 | $45,511* | ||||||
| Invesco Private Prime Fund | 3,721,053 | 44,290,447 | (42,864,292) | 36 | 5,722 | 5,152,966 | 106,088* | ||||||
| Total | $5,361,749 | $75,422,743 | $(73,632,707) | $36 | $5,722 | $7,157,543 | $152,183 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (e) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco International BuyBack
AchieversTM ETF (IPKW)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco International BuyBack AchieversTM ETF (IPKW)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are
an integral part of this schedule.
Invesco International BuyBack AchieversTM ETF (IPKW)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| REIT-Real Estate Investment Trust |
| Rts.-Rights |
| Notes to Schedule of Investments: | |
| (a) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $776,234, which represented 1.17% of the Fund’s Net Assets. |
| (b) | Non-income producing security. |
| (c) | All or a portion of this security was out on loan at January 31, 2024. |
| (d) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | $854,461 | $3,179,266 | $(3,530,415) | $- | $- | $503,312 | $8,260* | ||||||
| Invesco Private Prime Fund | 2,576,371 | 6,623,894 | (7,906,919) | (2) | 886 | 1,294,230 | 23,162* | ||||||
| Total | $3,430,832 | $9,803,160 | $(11,437,334) | $(2) | $886 | $1,797,542 | $31,422 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (f) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco MSCI Global Timber ETF
(CUT)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco MSCI Global Timber ETF
(CUT)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| ETF-Exchange-Traded Fund |
| NVDR-Non-Voting Depositary Receipt |
| Notes to Schedule of Investments: | |
| (a) | All or a portion of this security was out on loan at January 31, 2024. |
| (b) | Non-income producing security. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $64,251, which represented less than 1% of the Fund’s Net Assets. |
| (d) | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| (e) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Invesco India ETF | $341,676 | $26,848 | $(27,438) | $49,724 | $5,451 | $389,886 | $- | ||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | - | 1,091,864 | (1,091,864) | - | - | - | 1,084 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 3,727,307 | 4,499,339 | (5,158,658) | - | - | 3,067,988 | 40,547* | ||||||
| Invesco Private Prime Fund | 9,241,907 | 10,890,582 | (12,248,072) | 1,059 | 3,637 | 7,889,113 | 107,270* | ||||||
| Total | $13,310,890 | $16,508,633 | $(18,526,032) | $50,783 | $9,088** | $11,346,987 | $148,901 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| ** | Includes capital gains distributions from affiliated underlying funds as follows: |
| Fund Name | Capital Gain |
| Invesco India ETF | $6,375 |
| (f) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (g) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and
a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco MSCI Green Building ETF
(GBLD)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco MSCI Green Building ETF
(GBLD)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| ETF-Exchange-Traded Fund |
| REIT-Real Estate Investment Trust |
| Notes to Schedule of Investments: | |
| (a) | All or a portion of this security was out on loan at January 31, 2024. |
| (b) | Non-income producing security. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $89,279, which represented 1.06% of the Fund’s Net Assets. |
| (d) | Restricted security. The aggregate value of these securities at January 31, 2024 was $77,650, which represented less than 1% of the Fund’s Net Assets. |
| (e) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Invesco India ETF | $57,331 | $29,051 | $(9,445) | $7,173 | $1,938 | $85,079 | $- | ||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | - | 294,747 | (293,663) | - | - | 1,084 | 231 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 360,532 | 1,332,803 | (1,232,807) | - | - | 460,528 | 4,037* | ||||||
| Invesco Private Prime Fund | 927,328 | 2,754,960 | (2,456,532) | (60) | 437 | 1,226,133 | 11,025* | ||||||
| Total | $1,345,191 | $4,411,561 | $(3,992,447) | $7,113 | $2,375** | $1,772,824 | $15,293 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| ** | Includes capital gains distributions from affiliated underlying funds as follows: |
| Fund Name | Capital Gain |
| Invesco India ETF | $969 |
See accompanying notes which are an
integral part of this schedule.
Invesco MSCI Green Building ETF
(GBLD)—(continued)
January 31, 2024
(Unaudited)
| (f) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (g) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco S&P Global Water Index
ETF (CGW)
January 31, 2024
(Unaudited)
See accompanying notes which are
an integral part of this schedule.
Invesco S&P Global Water Index ETF
(CGW)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| NVDR-Non-Voting Depositary Receipt |
| Notes to Schedule of Investments: | |
| (a) | All or a portion of this security was out on loan at January 31, 2024. |
| (b) | Non-income producing security. |
| (c) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $18,497,551 | $(18,497,551) | $- | $- | $- | $14,455 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 7,786,794 | 22,628,720 | (20,650,562) | - | - | 9,764,952 | 58,147* | ||||||
| Invesco Private Prime Fund | 20,028,606 | 47,040,607 | (41,963,702) | (1,464) | 5,833 | 25,109,880 | 162,376* | ||||||
| Total | $27,815,400 | $88,166,878 | $(81,111,815) | $(1,464) | $5,833 | $34,874,832 | $234,978 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (d) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (e) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and a listing
of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Schedule of Investments
Invesco S&P International
Developed Quality ETF (IDHQ)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco S&P International Developed Quality ETF
(IDHQ)—(continued)
January 31, 2024
(Unaudited)
See accompanying notes which are an
integral part of this schedule.
Invesco S&P International Developed Quality ETF
(IDHQ)—(continued)
January 31, 2024
(Unaudited)
| Investment Abbreviations: |
| ADR-American Depositary Receipt |
| PC-Participation Certificate |
| Notes to Schedule of Investments: | |
| (a) | All or a portion of this security was out on loan at January 31, 2024. |
| (b) | Non-income producing security. |
| (c) | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at January 31, 2024 was $3,745,355, which represented 1.59% of the Fund’s Net Assets. |
| (d) | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the three months ended January 31, 2024. |
| Value October 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain | Value January 31, 2024 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $568,032 | $(568,032) | $- | $- | $- | $659 | ||||||
| Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
| Invesco Private Government Fund | 1,488,540 | 11,053,862 | (11,164,894) | - | - | 1,377,508 | 20,990* | ||||||
| Invesco Private Prime Fund | 3,828,581 | 21,549,205 | (21,837,924) | (49) | 2,347 | 3,542,160 | 50,521* | ||||||
| Total | $5,317,121 | $33,171,099 | $(33,570,850) | $(49) | $2,347 | $4,919,668 | $72,170 |
| * | Represents the income earned on the investment of cash collateral. Does not include rebates and fees paid to lending agent or premiums received from borrowers, if any. |
| (e) | The rate shown is the 7-day SEC standardized yield as of January 31, 2024. |
| (f) | The security has been segregated to satisfy the commitment to return the cash collateral received in securities lending transactions upon the borrower’s return of the securities loaned. |
The valuation policy and
a listing of other significant accounting policies are available in the most recent shareholder report.
See accompanying notes which are an integral part
of this schedule.
Notes to Quarterly Schedules of Portfolio
Holdings
January 31, 2024
(Unaudited)
NOTE 1—Additional Valuation
Information
Generally Accepted Accounting
Principles ("GAAP") defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, under current
market conditions. GAAP establishes a hierarchy that prioritizes the inputs to valuation methods, giving the highest priority to readily available unadjusted quoted prices in an active market for identical assets
(Level 1) and the lowest priority to significant unobservable inputs (Level 3), generally when market prices are not readily available. Based on the valuation inputs, the securities or other investments are tiered
into one of three levels. Changes in valuation methods may result in transfers in or out of an investment’s assigned level:
Level 1 — Prices are
determined using quoted prices in an active market for identical assets.
Level 2 — Prices are determined using other significant observable inputs. Observable inputs are inputs that other market participants may use in pricing a security. These may include
quoted prices for similar securities, interest rates, prepayment speeds, credit risk, yield curves, loss severities, default rates, discount rates, volatilities and others.
Level 3 — Prices are determined using significant unobservable inputs. In situations where quoted prices or observable inputs are unavailable (for example, when there is little or no market
activity for an investment at the end of the period), unobservable inputs may be used. Unobservable inputs reflect Invesco Capital Management LLC’s assumptions about the factors market participants would use in
determining fair value of the securities or instruments and would be based on the best available information.
The following is a summary of
the tiered valuation input levels, as of January 31, 2024. The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities. Because of
the inherent uncertainties of valuation, the values reflected in the financial statements may materially differ from the value received upon actual sale of those investments.
| Level 1 | Level 2 | Level 3 | Total | ||||
| Invesco China Technology ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $511,708,534 | $- | $- | $511,708,534 | |||
| Money Market Funds | - | 22,771,387 | - | 22,771,387 | |||
| Total Investments | $511,708,534 | $22,771,387 | $- | $534,479,921 | |||
| Invesco Dorsey Wright Developed Markets Momentum ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $123,615,983 | $- | $- | $123,615,983 | |||
| Money Market Funds | - | 7,165,750 | - | 7,165,750 | |||
| Total Investments | $123,615,983 | $7,165,750 | $- | $130,781,733 | |||
| Invesco Dorsey Wright Emerging Markets Momentum ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $123,398,634 | $- | $- | $123,398,634 | |||
| Money Market Funds | - | 7,627,392 | - | 7,627,392 | |||
| Total Investments | $123,398,634 | $7,627,392 | $- | $131,026,026 | |||
| Invesco FTSE RAFI Developed Markets ex-U.S. ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $1,667,267,966 | $16,867 | $0 | $1,667,284,833 | |||
| Money Market Funds | - | 93,441,990 | - | 93,441,990 | |||
| Total Investments | $1,667,267,966 | $93,458,857 | $0 | $1,760,726,823 | |||
| Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $520,855,169 | $0 | $- | $520,855,169 | |||
| Money Market Funds | - | 71,966,726 | - | 71,966,726 | |||
| Total Investments | $520,855,169 | $71,966,726 | $- | $592,821,895 |
| Level 1 | Level 2 | Level 3 | Total | ||||
| Invesco FTSE RAFI Emerging Markets ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $1,184,848,610 | $- | $0 | $1,184,848,610 | |||
| Money Market Funds | 6,999,215 | 18,043,879 | - | 25,043,094 | |||
| Total Investments | $1,191,847,825 | $18,043,879 | $0 | $1,209,891,704 | |||
| Invesco Global Clean Energy ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $126,853,992 | $- | $- | $126,853,992 | |||
| Money Market Funds | - | 41,082,163 | - | 41,082,163 | |||
| Total Investments | $126,853,992 | $41,082,163 | $- | $167,936,155 | |||
| Invesco Global Water ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $269,668,417 | $- | $- | $269,668,417 | |||
| Money Market Funds | - | 7,157,543 | - | 7,157,543 | |||
| Total Investments | $269,668,417 | $7,157,543 | $- | $276,825,960 | |||
| Invesco International BuyBack AchieversTM ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $66,496,136 | $- | $- | $66,496,136 | |||
| Money Market Funds | - | 1,797,542 | - | 1,797,542 | |||
| Total Investments | $66,496,136 | $1,797,542 | $- | $68,293,678 | |||
| Invesco MSCI Global Timber ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $51,675,271 | $- | $19,365 | $51,694,636 | |||
| Exchange-Traded Funds | 389,886 | - | - | 389,886 | |||
| Money Market Funds | - | 10,957,101 | - | 10,957,101 | |||
| Total Investments | $52,065,157 | $10,957,101 | $19,365 | $63,041,623 | |||
| Invesco MSCI Green Building ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $8,291,818 | $- | $- | $8,291,818 | |||
| Exchange-Traded Funds | 85,079 | - | - | 85,079 | |||
| Money Market Funds | 1,084 | 1,686,661 | - | 1,687,745 | |||
| Total Investments | $8,377,981 | $1,686,661 | $- | $10,064,642 | |||
| Invesco S&P Global Water Index ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $932,656,245 | $- | $- | $932,656,245 | |||
| Money Market Funds | - | 34,874,832 | - | 34,874,832 | |||
| Total Investments | $932,656,245 | $34,874,832 | $- | $967,531,077 | |||
| Invesco S&P International Developed Quality ETF | |||||||
| Investments in Securities | |||||||
| Common Stocks & Other Equity Interests | $235,035,134 | $- | $- | $235,035,134 | |||
| Money Market Funds | - | 4,919,668 | - | 4,919,668 | |||
| Total Investments | $235,035,134 | $4,919,668 | $- | $239,954,802 |