Schedule of Investments(a)
Invesco Focused Discovery Growth ETF (IVDG)
January 31, 2021
(Unaudited)
| Shares | Value | |||
| Common Stocks & Other Equity Interests-97.84% | ||||
| Communication Services-4.60% | ||||
Pinterest, Inc., Class A(b) | 350 | $23,979 | ||
Roku, Inc.(b) | 78 | 30,344 | ||
| 54,323 | ||||
| Consumer Discretionary-13.99% | ||||
Aptiv PLC(b) | 219 | 29,258 | ||
Chewy, Inc., Class A(b) | 257 | 26,168 | ||
Chipotle Mexican Grill, Inc.(b) | 25 | 37,000 | ||
lululemon athletica, inc.(b) | 77 | 25,308 | ||
Pool Corp. | 71 | 25,147 | ||
TopBuild Corp.(b) | 111 | 22,195 | ||
| 165,076 | ||||
| Financials-4.21% | ||||
First Republic Bank | 149 | 21,604 | ||
MSCI, Inc. | 71 | 28,066 | ||
| 49,670 | ||||
| Health Care-22.91% | ||||
Align Technology, Inc.(b) | 67 | 35,201 | ||
Bio-Rad Laboratories, Inc., Class A(b) | 39 | 22,377 | ||
Catalent, Inc.(b) | 230 | 26,462 | ||
Charles River Laboratories International, Inc.(b) | 82 | 21,242 | ||
DexCom, Inc.(b) | 81 | 30,363 | ||
IDEXX Laboratories, Inc.(b) | 83 | 39,730 | ||
Masimo Corp.(b) | 126 | 32,246 | ||
Veeva Systems, Inc., Class A(b) | 94 | 25,985 | ||
West Pharmaceutical Services, Inc. | 123 | 36,837 | ||
| 270,443 | ||||
| Industrials-13.29% | ||||
AMETEK, Inc. | 223 | 25,257 | ||
Copart, Inc.(b) | 233 | 25,572 | ||
Generac Holdings, Inc.(b) | 102 | 25,135 | ||
IDEX Corp. | 122 | 22,715 | ||
| Shares | Value | |||
| Industrials-(continued) | ||||
Old Dominion Freight Line, Inc. | 133 | $25,802 | ||
Rockwell Automation, Inc. | 37 | 9,195 | ||
Trane Technologies PLC | 162 | 23,223 | ||
| 156,899 | ||||
| Information Technology-38.84% | ||||
Coupa Software, Inc.(b) | 105 | 32,536 | ||
Crowdstrike Holdings, Inc., Class A(b) | 159 | 34,312 | ||
DocuSign, Inc.(b) | 133 | 30,974 | ||
Entegris, Inc. | 271 | 26,664 | ||
EPAM Systems, Inc.(b) | 78 | 26,866 | ||
Microchip Technology, Inc. | 237 | 32,258 | ||
Monolithic Power Systems, Inc. | 118 | 41,924 | ||
RingCentral, Inc., Class A(b) | 111 | 41,394 | ||
Synopsys, Inc.(b) | 176 | 44,959 | ||
Teradyne, Inc. | 199 | 22,582 | ||
Trade Desk, Inc. (The), Class A(b) | 41 | 31,406 | ||
Trimble, Inc.(b) | 389 | 25,639 | ||
Twilio, Inc., Class A(b) | 116 | 41,694 | ||
Zebra Technologies Corp., Class A(b) | 65 | 25,209 | ||
| 458,417 | ||||
Total Common Stocks & Other Equity Interests (Cost $1,171,713) | 1,154,828 | |||
| Money Market Funds-1.83% | ||||
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(c)(d) (Cost $21,660) | 21,660 | 21,660 | ||
TOTAL INVESTMENTS IN SECURITIES-99.67% (Cost $1,193,373) | 1,176,488 | |||
OTHER ASSETS LESS LIABILITIES-0.33% | 3,878 | |||
NET ASSETS-100.00% | $1,180,366 | |||
| 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) | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the period ended January 31, 2021. |
| Value October 31, 2020 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2021 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $56,255 | $(34,595) | $- | $- | $21,660 | $- |
| (d) | The rate shown is the 7-day SEC standardized yield as of January 31, 2021. |
The valuation policy and a listing of other significant accounting policies are available in the most recent Statement of Additional Information.
See accompanying notes which are an integral part of this schedule.
Schedule of Investments(a)
Invesco Real Assets ESG ETF (IVRA)
January 31, 2021
(Unaudited)
| Shares | Value | |||
| Common Stocks & Other Equity Interests-100.01% | ||||
| Consumer Staples-3.63% | ||||
Archer-Daniels-Midland Co. | 851 | $42,559 | ||
| Energy-18.28% | ||||
Cheniere Energy, Inc.(b) | 210 | 13,299 | ||
Enbridge, Inc. (Canada) | 1,058 | 35,580 | ||
Gibson Energy, Inc. (Canada) | 909 | 13,783 | ||
Inter Pipeline Ltd. (Canada) | 805 | 8,085 | ||
Keyera Corp. (Canada) | 737 | 13,858 | ||
Kinder Morgan, Inc. | 1,592 | 22,415 | ||
ONEOK, Inc. | 724 | 28,837 | ||
Pembina Pipeline Corp. (Canada) | 1,481 | 39,024 | ||
Targa Resources Corp. | 565 | 15,464 | ||
TC Energy Corp. (Canada) | 270 | 11,585 | ||
Williams Cos., Inc. (The) | 575 | 12,207 | ||
| 214,137 | ||||
| Industrials-1.29% | ||||
Grupo Aeroportuario del Centro Norte S.A.B. de C.V., ADR (Mexico)(b) | 72 | 3,357 | ||
Grupo Aeroportuario del Pacifico S.A.B. de C.V., ADR (Mexico)(b) | 35 | 3,493 | ||
Grupo Aeroportuario del Sureste S.A.B. de C.V., ADR (Mexico)(b) | 53 | 8,306 | ||
| 15,156 | ||||
| Materials-16.42% | ||||
Agnico Eagle Mines Ltd. (Canada) | 354 | 24,738 | ||
FMC Corp. | 244 | 26,423 | ||
International Paper Co. | 182 | 9,156 | ||
Lundin Mining Corp. (Chile) | 3,232 | 28,843 | ||
Newmont Corp. | 330 | 19,668 | ||
Nutrien Ltd. (Canada) | 748 | 36,877 | ||
West Fraser Timber Co. Ltd. (Canada) | 181 | 11,610 | ||
Westrock Co. | 237 | 9,819 | ||
Wheaton Precious Metals Corp. (Brazil) | 613 | 25,202 | ||
| 192,336 | ||||
| Real Estate-51.24% | ||||
Acadia Realty Trust | 1,213 | 17,589 | ||
American Assets Trust, Inc. | 226 | 6,244 | ||
American Tower Corp. | 229 | 52,065 | ||
AvalonBay Communities, Inc. | 138 | 22,586 | ||
Boston Properties, Inc. | 152 | 13,873 | ||
Brixmor Property Group, Inc. | 952 | 16,117 | ||
Canadian Apartment Properties REIT (Canada) | 200 | 8,016 | ||
CatchMark Timber Trust, Inc., Class A | 513 | 4,679 | ||
| Shares | Value | |||
| Real Estate-(continued) | ||||
Columbia Property Trust, Inc. | 1,269 | $17,258 | ||
Corporate Office Properties Trust | 248 | 6,515 | ||
Cousins Properties, Inc. | 198 | 6,245 | ||
Crown Castle International Corp. | 149 | 23,730 | ||
DiamondRock Hospitality Co. | 1,993 | 16,343 | ||
Douglas Emmett, Inc. | 519 | 14,381 | ||
Duke Realty Corp. | 199 | 7,872 | ||
Equity Residential | 395 | 24,348 | ||
Essex Property Trust, Inc. | 111 | 26,597 | ||
Healthpeak Properties, Inc. | 445 | 13,194 | ||
Hudson Pacific Properties, Inc. | 391 | 9,165 | ||
JBG SMITH Properties | 748 | 22,335 | ||
Kilroy Realty Corp. | 172 | 9,740 | ||
Kimco Realty Corp. | 603 | 9,956 | ||
Omega Healthcare Investors, Inc. | 173 | 6,266 | ||
Piedmont Office Realty Trust, Inc., Class A | 385 | 5,921 | ||
Prologis, Inc. | 611 | 63,055 | ||
Rayonier, Inc. | 756 | 23,247 | ||
Regency Centers Corp. | 272 | 12,833 | ||
RLJ Lodging Trust | 901 | 11,632 | ||
SBA Communications Corp., Class A | 58 | 15,583 | ||
Simon Property Group, Inc. | 321 | 29,831 | ||
Summit Hotel Properties, Inc. | 1,888 | 15,293 | ||
Sunstone Hotel Investors, Inc. | 1,136 | 12,155 | ||
UDR, Inc. | 916 | 35,220 | ||
Washington REIT | 408 | 8,952 | ||
Weingarten Realty Investors | 505 | 11,368 | ||
| 600,204 | ||||
| Utilities-9.15% | ||||
American Water Works Co., Inc. | 36 | 5,725 | ||
CenterPoint Energy, Inc. | 363 | 7,656 | ||
Consolidated Edison, Inc. | 223 | 15,784 | ||
Edison International | 368 | 21,403 | ||
Eversource Energy | 323 | 28,262 | ||
Fortis, Inc. (Canada) | 144 | 5,830 | ||
ONE Gas, Inc. | 103 | 7,532 | ||
Sempra Energy | 121 | 14,975 | ||
| 107,167 | ||||
TOTAL INVESTMENTS IN SECURITIES-100.01% (Cost $1,189,479) | 1,171,559 | |||
OTHER ASSETS LESS LIABILITIES-(0.01)% | (131) | |||
NET ASSETS-100.00% | $1,171,428 | |||
See accompanying notes which are an integral part of this schedule.
Invesco Real Assets ESG ETF (IVRA)—(continued)
January 31, 2021
(Unaudited)
| Investment Abbreviations: | |
| ADR | -American Depositary Receipt |
| REIT | -Real Estate Investment Trust |
| 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. |
| Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the period ended January 31, 2021. | |
| Value October 31, 2020 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2021 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $19,026 | $(19,026) | $- | $- | $- | $- |
| This Fund has holdings greater than 10% of net assets in the following country: | |
| Canada | 17.84% |
The valuation policy and a listing of other significant accounting policies are available in the most recent Statement of Additional Information.
See accompanying notes which are an integral part of this schedule.
Schedule of Investments(a)
Invesco Select Growth ETF (IVSG)
January 31, 2021
(Unaudited)
| Shares | Value | |||
| Common Stocks & Other Equity Interests-100.53% | ||||
| Communication Services-15.42% | ||||
Activision Blizzard, Inc. | 541 | $49,231 | ||
Alphabet, Inc., Class A(b) | 31 | 56,648 | ||
Facebook, Inc., Class A(b) | 217 | 56,057 | ||
Netflix, Inc.(b) | 46 | 24,490 | ||
| 186,426 | ||||
| Consumer Discretionary-20.71% | ||||
Alibaba Group Holding Ltd., ADR (China)(b) | 228 | 57,873 | ||
Amazon.com, Inc.(b) | 41 | 131,454 | ||
Booking Holdings, Inc.(b) | 19 | 36,943 | ||
Farfetch Ltd., Class A (United Kingdom)(b) | 392 | 24,006 | ||
| 250,276 | ||||
| Consumer Staples-1.85% | ||||
US Foods Holding Corp.(b) | 722 | 22,375 | ||
| Financials-5.58% | ||||
Apollo Global Management, Inc. | 968 | 44,470 | ||
Athene Holding Ltd., Class A(b) | 563 | 23,021 | ||
| 67,491 | ||||
| Health Care-10.97% | ||||
BeiGene Ltd., ADR (China)(b) | 193 | 61,760 | ||
Intuitive Surgical, Inc.(b) | 31 | 23,177 | ||
| Shares | Value | |||
| Health Care-(continued) | ||||
IQVIA Holdings, Inc.(b) | 137 | $24,358 | ||
UnitedHealth Group, Inc. | 70 | 23,351 | ||
| 132,646 | ||||
| Industrials-2.07% | ||||
United Rentals, Inc.(b) | 103 | 25,030 | ||
| Information Technology-43.93% | ||||
Apple, Inc. | 414 | 54,632 | ||
Applied Materials, Inc. | 475 | 45,923 | ||
Microsoft Corp. | 599 | 138,944 | ||
NVIDIA Corp. | 68 | 35,332 | ||
Palo Alto Networks, Inc.(b) | 151 | 52,963 | ||
PayPal Holdings, Inc.(b) | 156 | 36,552 | ||
QUALCOMM, Inc. | 486 | 75,952 | ||
RingCentral, Inc., Class A(b) | 65 | 24,240 | ||
Visa, Inc., Class A | 344 | 66,478 | ||
| 531,016 | ||||
TOTAL INVESTMENTS IN SECURITIES-100.53% (Cost $1,205,773) | 1,215,260 | |||
OTHER ASSETS LESS LIABILITIES-(0.53)% | (6,405) | |||
NET ASSETS-100.00% | $1,208,855 | |||
| 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. |
The valuation policy and a listing of other significant accounting policies are available in the most recent Statement of Additional Information.
See accompanying notes which are an integral part of this schedule.
Schedule of Investments(a)
Invesco US Large Cap Core ESG ETF (IVLC)
January 31, 2021
(Unaudited)
| Shares | Value | |||
| Common Stocks & Other Equity Interests-99.50% | ||||
| Communication Services-10.28% | ||||
Alphabet, Inc., Class A(b) | 27 | $49,338 | ||
Comcast Corp., Class A | 251 | 12,442 | ||
Snap, Inc., Class A(b) | 219 | 11,594 | ||
Verizon Communications, Inc. | 465 | 25,459 | ||
Walt Disney Co. (The)(b) | 140 | 23,544 | ||
| 122,377 | ||||
| Consumer Discretionary-14.74% | ||||
Amazon.com, Inc.(b) | 22 | 70,536 | ||
Booking Holdings, Inc.(b) | 10 | 19,443 | ||
D.R. Horton, Inc. | 178 | 13,670 | ||
Home Depot, Inc. (The) | 108 | 29,249 | ||
O’Reilly Automotive, Inc.(b) | 30 | 12,764 | ||
Ross Stores, Inc. | 119 | 13,244 | ||
Target Corp. | 91 | 16,487 | ||
| 175,393 | ||||
| Consumer Staples-7.30% | ||||
Mondelez International, Inc., Class A | 369 | 20,457 | ||
PepsiCo, Inc. | 178 | 24,310 | ||
Procter & Gamble Co. (The) | 227 | 29,104 | ||
Sysco Corp. | 181 | 12,943 | ||
| 86,814 | ||||
| Energy-1.46% | ||||
Baker Hughes Co., Class A | 866 | 17,398 | ||
| Financials-9.01% | ||||
American Express Co. | 127 | 14,765 | ||
Equitable Holdings, Inc. | 470 | 11,646 | ||
Intercontinental Exchange, Inc. | 182 | 20,084 | ||
JPMorgan Chase & Co. | 270 | 34,741 | ||
Marsh & McLennan Cos., Inc. | 121 | 13,299 | ||
Progressive Corp. (The) | 146 | 12,730 | ||
| 107,265 | ||||
| Health Care-12.27% | ||||
Amgen, Inc. | 102 | 24,626 | ||
AstraZeneca PLC, ADR (United Kingdom) | 354 | 17,912 | ||
HCA Healthcare, Inc. | 120 | 19,498 | ||
Merck & Co., Inc. | 325 | 25,048 | ||
Thermo Fisher Scientific, Inc. | 45 | 22,936 | ||
UnitedHealth Group, Inc. | 108 | 36,027 | ||
| 146,047 | ||||
| Industrials-5.84% | ||||
Fastenal Co. | 265 | 12,081 | ||
| Shares | Value | |||
| Industrials-(continued) | ||||
Illinois Tool Works, Inc. | 70 | $13,595 | ||
Union Pacific Corp. | 87 | 17,180 | ||
United Parcel Service, Inc., Class B | 97 | 15,035 | ||
Waste Connections, Inc. | 118 | 11,624 | ||
| 69,515 | ||||
| Information Technology-32.54% | ||||
Accenture PLC, Class A | 90 | 21,773 | ||
Adobe, Inc.(b) | 31 | 14,222 | ||
Amdocs Ltd. | 88 | 6,215 | ||
Apple, Inc. | 654 | 86,302 | ||
Applied Materials, Inc. | 311 | 30,067 | ||
Fiserv, Inc.(b) | 233 | 23,927 | ||
Microsoft Corp. | 406 | 94,176 | ||
Motorola Solutions, Inc. | 79 | 13,236 | ||
QUALCOMM, Inc. | 207 | 32,350 | ||
Texas Instruments, Inc. | 147 | 24,356 | ||
Visa, Inc., Class A | 151 | 29,181 | ||
Workday, Inc., Class A(b) | 50 | 11,376 | ||
| 387,181 | ||||
| Materials-1.19% | ||||
Air Products and Chemicals, Inc. | 53 | 14,138 | ||
| Real Estate-3.22% | ||||
Alexandria Real Estate Equities, Inc. | 39 | 6,518 | ||
American Tower Corp. | 45 | 10,231 | ||
Prologis, Inc. | 209 | 21,569 | ||
| 38,318 | ||||
| Utilities-1.65% | ||||
Eversource Energy | 224 | 19,600 | ||
Total Common Stocks & Other Equity Interests (Cost $1,195,733) | 1,184,046 | |||
| Money Market Funds-0.44% | ||||
Invesco Government & Agency Portfolio, Institutional Class, 0.03%(c)(d) (Cost $5,294) | 5,294 | 5,294 | ||
TOTAL INVESTMENTS IN SECURITIES-99.94% (Cost $1,201,027) | 1,189,340 | |||
OTHER ASSETS LESS LIABILITIES-0.06% | 684 | |||
NET ASSETS-100.00% | $1,190,024 | |||
See accompanying notes which are an integral part of this schedule.
Invesco US Large Cap Core ESG ETF (IVLC)—(continued)
January 31, 2021
(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) | Affiliated issuer. The issuer and/or the Fund is a wholly-owned subsidiary of Invesco Ltd., or is affiliated by having an investment adviser that is under common control of Invesco Ltd. The table below shows the Fund’s transactions in, and earnings from, its investments in affiliates for the period ended January 31, 2021. |
| Value October 31, 2020 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain | Value January 31, 2021 | Dividend Income | |||||||
| Investments in Affiliated Money Market Funds: | |||||||||||||
| Invesco Government & Agency Portfolio, Institutional Class | $- | $5,479 | $(185) | $- | $- | $5,294 | $- |
| (d) | The rate shown is the 7-day SEC standardized yield as of January 31, 2021. |
The valuation policy and a listing of other significant accounting policies are available in the most recent Statement of Additional Information.
See accompanying notes which are an integral part of this schedule.
Notes to Quarterly Schedules of Portfolio Holdings
January 31, 2021
(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 or are unreliable. 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 a fund’s own 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.
As of January 31, 2021, all of the securities in each Fund were valued based on Level 1 inputs (see the Schedules of Investments for security categories). 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.
NOTE 2—Coronavirus (COVID-19) Pandemic
During the first quarter of 2020, the World Health Organization declared COVID-19 to be a public health emergency. COVID-19 has led to increased short-term market volatility and may have adverse long-term effects on U.S. and world economies and markets in general. COVID-19 may adversely impact the value of the Funds’ investments. Because of the uncertainties on valuation, the global economy and business operations, values reflected in the Schedules of Investments may materially differ from the value received upon actual sales of those investments.
The extent of the impact on the performance of the Funds and their investments will depend on future developments, including the duration and spread of the COVID-19 outbreak, related restrictions and advisories, and the effects on the financial markets and economy overall, all of which are highly uncertain and cannot be predicted.