Schedule of Investments(a)
Invesco Bloomberg Pricing Power ETF (POWA)
May 31, 2024
(Unaudited)
Shares | Value | |||
Common Stocks & Other Equity Interests-99.88% | ||||
Communication Services-1.93% | ||||
Meta Platforms, Inc., Class A | 7,848 | $ 3,663,682 | ||
Consumer Discretionary-8.20% | ||||
Best Buy Co., Inc. | 49,509 | 4,199,353 | ||
Home Depot, Inc. (The) | 10,086 | 3,377,499 | ||
Lowe’s Cos., Inc. | 16,125 | 3,568,301 | ||
Tractor Supply Co. | 15,592 | 4,448,242 | ||
15,593,395 | ||||
Consumer Staples-16.01% | ||||
Archer-Daniels-Midland Co. | 68,141 | 4,254,724 | ||
Coca-Cola Co. (The)(b) | 59,909 | 3,770,073 | ||
Costco Wholesale Corp. | 5,080 | 4,114,241 | ||
Dollar Tree, Inc.(b)(c) | 25,223 | 2,975,053 | ||
Hershey Co. (The)(b) | 19,062 | 3,771,036 | ||
Kroger Co. (The) | 76,739 | 4,018,821 | ||
Sysco Corp. | 46,054 | 3,353,652 | ||
Walmart, Inc. | 63,434 | 4,171,420 | ||
30,429,020 | ||||
Health Care-15.74% | ||||
Cardinal Health, Inc. | 34,759 | 3,450,526 | ||
Cencora, Inc.(b) | 15,714 | 3,560,321 | ||
IQVIA Holdings, Inc.(b)(c) | 15,461 | 3,387,350 | ||
McKesson Corp. | 7,232 | 4,119,275 | ||
Mettler-Toledo International, Inc.(b)(c) | 3,077 | 4,320,385 | ||
Neurocrine Biosciences, Inc.(b)(c) | 28,088 | 3,803,396 | ||
Vertex Pharmaceuticals, Inc.(c) | 8,753 | 3,985,591 | ||
Zoetis, Inc. | 19,482 | 3,303,368 | ||
29,930,212 | ||||
Industrials-31.08% | ||||
AMETEK, Inc. | 21,011 | 3,563,045 | ||
Dover Corp. | 22,877 | 4,205,250 | ||
Fastenal Co.(b) | 52,168 | 3,442,045 | ||
GE Vernova, Inc.(c) | 6,142 | 1,080,378 | ||
General Dynamics Corp. | 13,508 | 4,049,293 | ||
General Electric Co. | 24,613 | 4,064,591 | ||
HEICO Corp.(b) | 18,873 | 4,185,465 | ||
Illinois Tool Works, Inc.(b) | 14,216 | 3,450,934 | ||
J.B. Hunt Transport Services, Inc. | 18,067 | 2,904,270 | ||
Lockheed Martin Corp. | 8,590 | 4,040,220 | ||
Otis Worldwide Corp. | 40,018 | 3,969,786 | ||
Republic Services, Inc. | 20,233 | 3,746,949 | ||
Rollins, Inc. | 88,685 | 4,052,018 | ||
Trane Technologies PLC | 13,280 | 4,348,669 | ||
Waste Management, Inc. | 17,967 | 3,786,186 | ||
Xylem, Inc. | 29,742 | 4,194,217 | ||
59,083,316 |
Shares | Value | |||
Information Technology-16.76% | ||||
Accenture PLC, Class A | 10,170 | $ 2,870,889 | ||
Amphenol Corp., Class A | 34,947 | 4,625,934 | ||
Autodesk, Inc.(c) | 14,532 | 2,929,651 | ||
Cisco Systems, Inc. | 75,681 | 3,519,167 | ||
Lam Research Corp. | 4,073 | 3,797,828 | ||
Microsoft Corp. | 9,125 | 3,788,061 | ||
ServiceNow, Inc.(b)(c) | 4,911 | 3,226,183 | ||
Synopsys, Inc.(c) | 6,758 | 3,789,887 | ||
VeriSign, Inc.(c) | 19,040 | 3,319,053 | ||
31,866,653 | ||||
Materials-8.45% | ||||
AptarGroup, Inc.(b) | 26,235 | 3,874,647 | ||
Avery Dennison Corp. | 17,413 | 3,963,025 | ||
CRH PLC | 47,231 | 3,861,607 | ||
DuPont de Nemours, Inc. | 53,132 | 4,365,325 | ||
16,064,604 | ||||
Real Estate-1.71% | ||||
Equinix, Inc. | 4,248 | 3,241,139 | ||
Total Common Stocks & Other Equity Interests (Cost $172,254,921) | 189,872,021 | |||
Money Market Funds-0.00% | ||||
Invesco Government & Agency Portfolio, Institutional Class, 5.23%(d)(e) (Cost $7,184) | 7,184 | 7,184 | ||
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-99.88% (Cost $172,262,105) | 189,879,205 | |||
Investments Purchased with Cash Collateral from Securities on Loan | ||||
Money Market Funds-7.54% | ||||
Invesco Private Government Fund, 5.30%(d)(e)(f) | 4,012,538 | 4,012,538 | ||
Invesco Private Prime Fund, 5.48%(d)(e)(f) | 10,314,863 | 10,317,957 | ||
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $14,330,495) | 14,330,495 | |||
TOTAL INVESTMENTS IN SECURITIES-107.42% (Cost $186,592,600) | 204,209,700 | |||
OTHER ASSETS LESS LIABILITIES-(7.42)% | (14,110,525) | |||
NET ASSETS-100.00% | $190,099,175 |
See accompanying notes which are an integral part of this schedule.
Invesco Bloomberg Pricing Power ETF (POWA)—(continued)
May 31, 2024
(Unaudited)
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) | All or a portion of this security was out on loan at May 31, 2024. |
(c) | Non-income producing security. |
(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 nine months ended May 31, 2024. |
Value August 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation | Realized Gain (Loss) | Value May 31, 2024 | Dividend Income | |||||||
Investments in Affiliated Money Market Funds: | |||||||||||||
Invesco Government & Agency Portfolio, Institutional Class | $- | $3,571,059 | $(3,563,875) | $- | $- | $7,184 | $4,580 | ||||||
Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
Invesco Private Government Fund | - | 66,276,324 | (62,263,786) | - | - | 4,012,538 | 117,299* | ||||||
Invesco Private Prime Fund | - | 116,912,536 | (106,589,452) | - | (5,127) | 10,317,957 | 302,902* | ||||||
Total | $- | $186,759,919 | $(172,417,113) | $- | $(5,127) | $14,337,679 | $424,781 |
* | 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 May 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(a)
Invesco RAFITM Strategic US ETF (IUS)
May 31, 2024
(Unaudited)
Shares | Value | |||
Common Stocks & Other Equity Interests-99.95% | ||||
Communication Services-13.08% | ||||
Alphabet, Inc., Class A(b) | 136,651 | $ 23,572,297 | ||
Altice USA, Inc., Class A(b)(c) | 58,253 | 144,467 | ||
AT&T, Inc. | 359,459 | 6,549,343 | ||
Atlanta Braves Holdings, Inc., Series C(b)(c) | 24 | 959 | ||
Charter Communications, Inc., Class A(b)(c) | 5,003 | 1,436,461 | ||
Comcast Corp., Class A | 123,898 | 4,959,637 | ||
Electronic Arts, Inc. | 2,904 | 385,883 | ||
Fox Corp., Class A(c) | 16,267 | 560,073 | ||
Frontier Communications Parent, Inc.(b)(c) | 9,739 | 259,642 | ||
IAC, Inc.(b)(c) | 2,257 | 112,376 | ||
Interpublic Group of Cos., Inc. (The) | 6,469 | 202,933 | ||
Liberty Broadband Corp., Class C(b) | 5,465 | 295,602 | ||
Liberty Media Corp.-Liberty Formula One(b)(c) | 1,863 | 138,123 | ||
Liberty Media Corp.-Liberty Live, Series C(b) | 36 | 1,371 | ||
Live Nation Entertainment, Inc.(b) | 1,754 | 164,420 | ||
Lumen Technologies, Inc.(b)(c) | 298,865 | 385,536 | ||
Meta Platforms, Inc., Class A | 38,865 | 18,143,348 | ||
Netflix, Inc.(b) | 1,716 | 1,101,020 | ||
News Corp., Class A | 15,734 | 427,807 | ||
Nexstar Media Group, Inc., Class A(c) | 1,385 | 229,481 | ||
Omnicom Group, Inc. | 3,696 | 343,580 | ||
Paramount Global, Class B | 39,676 | 472,541 | ||
Take-Two Interactive Software, Inc.(b)(c) | 960 | 153,946 | ||
Telephone & Data Systems, Inc.(c) | 24,979 | 496,832 | ||
T-Mobile US, Inc. | 8,110 | 1,418,926 | ||
Verizon Communications, Inc. | 145,198 | 5,974,898 | ||
Walt Disney Co. (The) | 25,063 | 2,604,296 | ||
Warner Bros. Discovery, Inc.(b) | 60,063 | 494,919 | ||
71,030,717 | ||||
Consumer Discretionary-10.68% | ||||
Academy Sports & Outdoors, Inc. | 2,740 | 158,071 | ||
Adient PLC(b) | 4,186 | 118,213 | ||
Advance Auto Parts, Inc.(c) | 2,234 | 157,810 | ||
Airbnb, Inc., Class A(b) | 3,695 | 535,516 | ||
Amazon.com, Inc.(b) | 65,631 | 11,579,934 | ||
Aptiv PLC(b) | 3,271 | 272,343 | ||
Aramark | 5,126 | 164,801 | ||
Asbury Automotive Group, Inc.(b)(c) | 1,005 | 236,245 | ||
Autoliv, Inc. (Sweden)(c) | 1,861 | 237,408 | ||
AutoNation, Inc.(b)(c) | 2,302 | 391,915 | ||
AutoZone, Inc.(b) | 256 | 709,105 | ||
Bath & Body Works, Inc. | 6,916 | 359,217 | ||
Best Buy Co., Inc. | 9,824 | 833,272 | ||
Booking Holdings, Inc. | 332 | 1,253,748 | ||
BorgWarner, Inc. | 6,880 | 245,341 | ||
Brunswick Corp.(c) | 1,877 | 154,909 | ||
Burlington Stores, Inc.(b) | 874 | 209,804 | ||
Caesars Entertainment, Inc.(b)(c) | 4,182 | 148,712 | ||
Capri Holdings Ltd.(b) | 5,113 | 176,654 | ||
CarMax, Inc.(b)(c) | 5,044 | 354,391 | ||
Chipotle Mexican Grill, Inc.(b) | 117 | 366,154 | ||
Coupang, Inc. (South Korea)(b) | 8,815 | 200,453 | ||
D.R. Horton, Inc. | 5,508 | 814,082 | ||
Dana, Inc. | 9,704 | 136,438 | ||
Darden Restaurants, Inc.(c) | 1,950 | 293,260 | ||
Dick’s Sporting Goods, Inc. | 2,293 | 521,979 | ||
Dillard’s, Inc., Class A(c) | 507 | 226,806 | ||
DoorDash, Inc., Class A(b) | 1,865 | 205,355 | ||
eBay, Inc. | 19,435 | 1,053,766 | ||
Expedia Group, Inc.(b) | 4,157 | 469,159 | ||
Foot Locker, Inc.(c) | 4,607 | 127,752 |
Shares | Value | |||
Consumer Discretionary-(continued) | ||||
Ford Motor Co. | 221,676 | $ 2,688,930 | ||
Gap, Inc. (The)(c) | 16,601 | 480,765 | ||
Garmin Ltd. | 1,808 | 296,241 | ||
General Motors Co. | 93,079 | 4,187,624 | ||
Genuine Parts Co. | 2,258 | 325,468 | ||
Goodyear Tire & Rubber Co. (The)(b) | 18,480 | 227,489 | ||
Group 1 Automotive, Inc. | 1,054 | 327,773 | ||
H&R Block, Inc. | 4,226 | 209,779 | ||
Harley-Davidson, Inc. | 4,598 | 164,976 | ||
Hasbro, Inc. | 2,371 | 141,738 | ||
Hilton Worldwide Holdings, Inc. | 1,497 | 300,298 | ||
Home Depot, Inc. (The) | 12,365 | 4,140,668 | ||
Hyatt Hotels Corp., Class A | 1,334 | 196,725 | ||
Kohl’s Corp. | 17,500 | 391,825 | ||
Lear Corp. | 2,306 | 289,057 | ||
Lennar Corp., Class A | 7,635 | 1,224,272 | ||
Lithia Motors, Inc., Class A(c) | 1,543 | 390,595 | ||
LKQ Corp. | 6,426 | 276,511 | ||
Lowe’s Cos., Inc. | 12,735 | 2,818,128 | ||
lululemon athletica, inc.(b) | 505 | 157,555 | ||
Macy’s, Inc.(c) | 29,559 | 575,809 | ||
Marriott International, Inc., Class A | 2,249 | 519,901 | ||
Marriott Vacations Worldwide Corp. | 1,266 | 114,282 | ||
McDonald’s Corp. | 4,109 | 1,063,779 | ||
MercadoLibre, Inc. (Brazil)(b) | 183 | 315,781 | ||
MGM Resorts International(b) | 10,196 | 409,573 | ||
Mohawk Industries, Inc.(b) | 2,715 | 331,040 | ||
Murphy USA, Inc.(c) | 916 | 401,895 | ||
Newell Brands, Inc. | 21,216 | 163,788 | ||
NIKE, Inc., Class B | 11,933 | 1,134,232 | ||
NVR, Inc.(b) | 56 | 430,121 | ||
ODP Corp. (The)(b) | 3,146 | 123,197 | ||
O’Reilly Automotive, Inc.(b) | 578 | 556,764 | ||
PENN Entertainment, Inc.(b)(c) | 7,417 | 129,797 | ||
Penske Automotive Group, Inc. | 909 | 138,259 | ||
Phinia, Inc.(c) | 1,375 | 61,545 | ||
Polaris, Inc. | 1,380 | 115,368 | ||
Pool Corp. | 413 | 150,146 | ||
PulteGroup, Inc. | 5,561 | 652,417 | ||
PVH Corp. | 2,421 | 290,544 | ||
Qurate Retail, Inc., Class A(b)(c) | 217,220 | 154,574 | ||
Ralph Lauren Corp. | 1,691 | 316,014 | ||
Ross Stores, Inc. | 3,695 | 516,413 | ||
Service Corp. International(c) | 2,716 | 194,629 | ||
Signet Jewelers Ltd.(c) | 2,346 | 256,864 | ||
Starbucks Corp. | 7,821 | 627,401 | ||
Tapestry, Inc. | 6,385 | 277,684 | ||
Taylor Morrison Home Corp., Class A(b) | 4,534 | 262,201 | ||
Tempur Sealy International, Inc. | 3,656 | 187,772 | ||
Tesla, Inc.(b) | 8,869 | 1,579,392 | ||
Thor Industries, Inc.(c) | 2,796 | 277,475 | ||
TJX Cos., Inc. (The) | 12,865 | 1,326,381 | ||
Toll Brothers, Inc. | 3,992 | 485,587 | ||
Tractor Supply Co. | 1,360 | 387,994 | ||
Ulta Beauty, Inc.(b) | 584 | 230,733 | ||
V.F. Corp. | 9,726 | 129,161 | ||
Whirlpool Corp.(c) | 3,230 | 300,487 | ||
Williams-Sonoma, Inc.(c) | 2,298 | 673,820 | ||
Yum! Brands, Inc.(c) | 1,398 | 192,127 | ||
58,003,977 | ||||
Consumer Staples-7.60% | ||||
Albertson’s Cos., Inc., Class A | 23,659 | 488,322 |
See accompanying notes which are an integral part of this schedule.
Invesco RAFITM Strategic US ETF (IUS)—(continued)
May 31, 2024
(Unaudited)
Shares | Value | |||
Consumer Staples-(continued) | ||||
Altria Group, Inc. | 29,826 | $ 1,379,452 | ||
Andersons, Inc. (The)(c) | 3,320 | 173,769 | ||
Archer-Daniels-Midland Co. | 20,373 | 1,272,090 | ||
BJ’s Wholesale Club Holdings, Inc.(b) | 3,159 | 278,213 | ||
Brown-Forman Corp., Class B(c) | 2,733 | 125,335 | ||
Bunge Global S.A. | 4,753 | 511,375 | ||
Campbell Soup Co.(c) | 2,849 | 126,439 | ||
Casey’s General Stores, Inc. | 901 | 298,934 | ||
Church & Dwight Co., Inc. | 2,015 | 215,625 | ||
Clorox Co. (The)(c) | 959 | 126,166 | ||
Coca-Cola Co. (The) | 31,478 | 1,980,910 | ||
Colgate-Palmolive Co. | 7,324 | 680,839 | ||
Conagra Brands, Inc. | 9,323 | 278,571 | ||
Constellation Brands, Inc., Class A(c) | 2,485 | 621,822 | ||
Costco Wholesale Corp. | 5,521 | 4,471,403 | ||
Darling Ingredients, Inc.(b) | 2,344 | 94,698 | ||
Dollar General Corp. | 3,371 | 461,524 | ||
Dollar Tree, Inc.(b) | 2,907 | 342,881 | ||
Estee Lauder Cos., Inc. (The), Class A | 2,863 | 353,180 | ||
General Mills, Inc. | 7,794 | 535,837 | ||
Hershey Co. (The) | 1,344 | 265,883 | ||
Hormel Foods Corp. | 7,869 | 243,782 | ||
Ingredion, Inc. | 1,296 | 152,384 | ||
J.M. Smucker Co. (The) | 1,880 | 209,883 | ||
Kellanova | 5,074 | 306,165 | ||
Keurig Dr Pepper, Inc.(c) | 15,339 | 525,361 | ||
Kimberly-Clark Corp. | 3,229 | 430,426 | ||
Kraft Heinz Co. (The) | 31,926 | 1,129,223 | ||
Kroger Co. (The) | 35,535 | 1,860,968 | ||
McCormick & Co., Inc.(c) | 2,249 | 162,423 | ||
Molson Coors Beverage Co., Class B | 6,034 | 330,724 | ||
Mondelez International, Inc., Class A(c) | 15,628 | 1,070,987 | ||
Monster Beverage Corp.(b) | 2,787 | 144,701 | ||
PepsiCo, Inc. | 11,368 | 1,965,527 | ||
Performance Food Group Co.(b) | 7,864 | 547,334 | ||
Philip Morris International, Inc. | 16,003 | 1,622,384 | ||
Procter & Gamble Co. (The) | 25,126 | 4,134,232 | ||
Sysco Corp. | 11,054 | 804,952 | ||
Target Corp. | 12,633 | 1,972,769 | ||
Tyson Foods, Inc., Class A | 18,853 | 1,079,334 | ||
United Natural Foods, Inc.(b)(c) | 10,252 | 123,126 | ||
US Foods Holding Corp.(b) | 8,658 | 457,402 | ||
Walgreens Boots Alliance, Inc.(c) | 47,955 | 777,830 | ||
Walmart, Inc. | 92,939 | 6,111,669 | ||
41,246,854 | ||||
Energy-10.66% | ||||
Antero Resources Corp.(b) | 12,011 | 427,952 | ||
APA Corp. | 13,390 | 408,797 | ||
Baker Hughes Co., Class A | 21,770 | 728,860 | ||
Cheniere Energy, Inc. | 5,056 | 797,786 | ||
Chesapeake Energy Corp.(c) | 5,004 | 455,014 | ||
Chevron Corp. | 50,740 | 8,235,102 | ||
Chord Energy Corp.(c) | 1,347 | 249,747 | ||
Civitas Resources, Inc. | 2,757 | 202,805 | ||
CNX Resources Corp.(b)(c) | 8,819 | 231,940 | ||
ConocoPhillips | 35,834 | 4,173,944 | ||
Coterra Energy, Inc. | 26,246 | 748,536 | ||
CVR Energy, Inc.(c) | 6,489 | 180,783 | ||
Delek US Holdings, Inc. | 9,173 | 233,545 | ||
Devon Energy Corp. | 16,596 | 814,532 | ||
Diamondback Energy, Inc. | 5,522 | 1,100,314 | ||
EOG Resources, Inc. | 13,147 | 1,637,459 |
Shares | Value | |||
Energy-(continued) | ||||
EQT Corp. | 10,633 | $ 436,910 | ||
Exxon Mobil Corp. | 107,807 | 12,641,484 | ||
Halliburton Co. | 12,980 | 476,366 | ||
Hess Corp. | 2,884 | 444,424 | ||
HF Sinclair Corp. | 11,811 | 652,321 | ||
Kinder Morgan, Inc. | 57,822 | 1,126,951 | ||
Marathon Oil Corp. | 30,397 | 880,297 | ||
Marathon Petroleum Corp. | 32,013 | 5,653,816 | ||
Matador Resources Co. | 3,156 | 200,248 | ||
Murphy Oil Corp. | 5,179 | 221,609 | ||
Occidental Petroleum Corp. | 26,757 | 1,672,312 | ||
ONEOK, Inc. | 9,631 | 780,111 | ||
Ovintiv, Inc. | 12,452 | 643,395 | ||
PBF Energy, Inc., Class A | 13,822 | 640,373 | ||
Phillips 66 | 24,145 | 3,431,246 | ||
Range Resources Corp. | 5,525 | 203,928 | ||
Schlumberger N.V. | 16,067 | 737,315 | ||
SM Energy Co.(c) | 5,545 | 279,634 | ||
Southwestern Energy Co.(b) | 44,820 | 337,495 | ||
Targa Resources Corp. | 6,178 | 730,425 | ||
Valero Energy Corp. | 22,965 | 3,608,720 | ||
Williams Cos., Inc. (The) | 23,060 | 957,221 | ||
World Kinect Corp.(c) | 18,942 | 498,932 | ||
57,882,649 | ||||
Financials-6.40% | ||||
Affiliated Managers Group, Inc.(c) | 1,218 | 198,047 | ||
Allstate Corp. (The) | 11,027 | 1,847,243 | ||
American Express Co. | 13,213 | 3,171,120 | ||
American Financial Group, Inc. | 2,739 | 355,823 | ||
Aon PLC, Class A(c) | 1,979 | 557,366 | ||
Arch Capital Group Ltd.(b) | 6,869 | 704,965 | ||
Assurant, Inc. | 2,111 | 366,195 | ||
Berkshire Hathaway, Inc., Class B(b) | 8,767 | 3,633,045 | ||
Block, Inc., Class A(b) | 5,936 | 380,379 | ||
Bread Financial Holdings, Inc.(c) | 5,081 | 212,183 | ||
Brown & Brown, Inc.(c) | 1,883 | 168,547 | ||
Cboe Global Markets, Inc. | 967 | 167,281 | ||
Chubb Ltd. | 10,783 | 2,920,252 | ||
Cincinnati Financial Corp. | 3,659 | 430,225 | ||
Corpay, Inc.(b) | 994 | 266,064 | ||
Everest Group Ltd. | 912 | 356,528 | ||
First American Financial Corp. | 4,091 | 227,378 | ||
Fiserv, Inc.(b) | 8,852 | 1,325,676 | ||
Franklin Resources, Inc.(c) | 8,801 | 207,704 | ||
Hanover Insurance Group, Inc. (The)(c) | 1,056 | 139,318 | ||
Hartford Financial Services Group, Inc. (The) | 11,442 | 1,183,675 | ||
Janus Henderson Group PLC(c) | 5,949 | 199,291 | ||
LPL Financial Holdings, Inc. | 990 | 283,348 | ||
Markel Group, Inc.(b) | 349 | 572,915 | ||
Marsh & McLennan Cos., Inc. | 4,296 | 891,764 | ||
Mastercard, Inc., Class A | 4,521 | 2,021,203 | ||
Moody’s Corp. | 965 | 383,095 | ||
MSCI, Inc. | 410 | 203,024 | ||
Nasdaq, Inc. | 4,141 | 244,443 | ||
Old Republic International Corp. | 11,601 | 368,680 | ||
OneMain Holdings, Inc.(c) | 7,925 | 389,276 | ||
PayPal Holdings, Inc.(b) | 20,070 | 1,264,209 | ||
Progressive Corp. (The) | 7,994 | 1,688,173 | ||
StoneX Group, Inc.(b) | 8,252 | 619,478 | ||
T. Rowe Price Group, Inc. | 5,034 | 593,156 | ||
Travelers Cos., Inc. (The) | 6,897 | 1,487,683 | ||
Visa, Inc., Class A(c) | 12,814 | 3,491,302 |
See accompanying notes which are an integral part of this schedule.
Invesco RAFITM Strategic US ETF (IUS)—(continued)
May 31, 2024
(Unaudited)
Shares | Value | |||
Financials-(continued) | ||||
W.R. Berkley Corp. | 4,664 | $ 377,924 | ||
Western Union Co. (The) | 12,457 | 159,450 | ||
Willis Towers Watson PLC | 2,754 | 703,069 | ||
34,760,497 | ||||
Health Care-13.84% | ||||
Abbott Laboratories | 18,375 | 1,877,741 | ||
AbbVie, Inc. | 20,494 | 3,304,453 | ||
Agilent Technologies, Inc. | 2,415 | 314,940 | ||
Align Technology, Inc.(b) | 523 | 134,521 | ||
Amgen, Inc. | 7,810 | 2,388,689 | ||
AMN Healthcare Services, Inc.(b)(c) | 1,343 | 75,127 | ||
Avantor, Inc.(b) | 7,839 | 188,763 | ||
Baxter International, Inc. | 8,699 | 296,549 | ||
Becton, Dickinson and Co. | 3,207 | 743,928 | ||
Biogen, Inc.(b) | 1,438 | 323,464 | ||
BioNTech SE, ADR (Germany)(b) | 9,759 | 981,755 | ||
Boston Scientific Corp.(b) | 7,857 | 593,753 | ||
Bristol-Myers Squibb Co. | 40,620 | 1,669,076 | ||
Cardinal Health, Inc. | 21,608 | 2,145,026 | ||
Cencora, Inc. | 10,546 | 2,389,407 | ||
Centene Corp.(b) | 31,334 | 2,243,201 | ||
Cigna Group (The) | 13,261 | 4,570,006 | ||
Cooper Cos., Inc. (The) | 1,812 | 170,890 | ||
CVS Health Corp. | 73,983 | 4,409,387 | ||
Danaher Corp. | 5,490 | 1,409,832 | ||
DaVita, Inc.(b) | 3,143 | 462,398 | ||
DENTSPLY SIRONA, Inc. | 3,742 | 104,813 | ||
DexCom, Inc.(b)(c) | 1,092 | 129,697 | ||
Edwards Lifesciences Corp.(b) | 3,423 | 297,424 | ||
Elanco Animal Health, Inc.(b)(c) | 19,337 | 341,878 | ||
Elevance Health, Inc. | 5,654 | 3,044,566 | ||
Eli Lilly and Co. | 2,779 | 2,279,725 | ||
Fortrea Holdings, Inc.(b)(c) | 2,367 | 60,098 | ||
Gilead Sciences, Inc. | 18,511 | 1,189,702 | ||
HCA Healthcare, Inc. | 4,335 | 1,472,816 | ||
Henry Schein, Inc.(b) | 2,814 | 195,123 | ||
Hologic, Inc.(b) | 3,165 | 233,514 | ||
Humana, Inc. | 2,836 | 1,015,628 | ||
IDEXX Laboratories, Inc.(b) | 344 | 170,951 | ||
Illumina, Inc.(b) | 957 | 99,796 | ||
Intuitive Surgical, Inc.(b) | 1,437 | 577,846 | ||
IQVIA Holdings, Inc.(b) | 2,147 | 470,386 | ||
Jazz Pharmaceuticals PLC(b)(c) | 954 | 100,409 | ||
Johnson & Johnson | 28,443 | 4,171,735 | ||
Labcorp Holdings, Inc. | 2,494 | 486,106 | ||
McKesson Corp. | 7,124 | 4,057,759 | ||
Medtronic PLC | 20,489 | 1,667,190 | ||
Merck & Co., Inc. | 23,077 | 2,897,087 | ||
Mettler-Toledo International, Inc.(b) | 116 | 162,874 | ||
Moderna, Inc.(b)(c) | 6,841 | 975,185 | ||
Molina Healthcare, Inc.(b) | 1,376 | 432,862 | ||
Perrigo Co. PLC | 3,741 | 102,990 | ||
Pfizer, Inc. | 122,478 | 3,510,219 | ||
Quest Diagnostics, Inc. | 3,181 | 451,607 | ||
Regeneron Pharmaceuticals, Inc.(b) | 1,292 | 1,266,367 | ||
ResMed, Inc.(c) | 619 | 127,718 | ||
Solventum Corp.(b) | 3,206 | 190,244 | ||
STERIS PLC | 931 | 207,501 | ||
Stryker Corp. | 2,046 | 697,870 | ||
Teladoc Health, Inc.(b)(c) | 6,489 | 72,936 | ||
Tenet Healthcare Corp.(b) | 3,233 | 437,166 | ||
Thermo Fisher Scientific, Inc. | 3,168 | 1,799,361 |
Shares | Value | |||
Health Care-(continued) | ||||
UnitedHealth Group, Inc. | 12,994 | $ 6,436,838 | ||
Universal Health Services, Inc., Class B | 2,567 | 487,217 | ||
Vertex Pharmaceuticals, Inc.(b) | 1,422 | 647,493 | ||
Viatris, Inc. | 68,428 | 725,337 | ||
Zimmer Biomet Holdings, Inc.(c) | 2,354 | 271,063 | ||
Zoetis, Inc. | 2,289 | 388,123 | ||
75,148,126 | ||||
Industrials-10.55% | ||||
3M Co. | 12,824 | 1,284,195 | ||
A.O. Smith Corp. | 1,874 | 156,741 | ||
AECOM | 2,784 | 243,155 | ||
AGCO Corp. | 1,545 | 165,825 | ||
AMETEK, Inc. | 1,763 | 298,970 | ||
Atkore, Inc.(c) | 962 | 146,368 | ||
Automatic Data Processing, Inc. | 3,181 | 779,091 | ||
Avis Budget Group, Inc.(c) | 3,630 | 412,840 | ||
Boeing Co. (The)(b)(c) | 1,796 | 318,988 | ||
Boise Cascade Co. | 2,000 | 274,580 | ||
Booz Allen Hamilton Holding Corp. | 1,814 | 276,109 | ||
Broadridge Financial Solutions, Inc. | 876 | 175,875 | ||
Builders FirstSource, Inc.(b) | 5,490 | 882,737 | ||
C.H. Robinson Worldwide, Inc. | 4,078 | 352,217 | ||
CACI International, Inc., Class A(b) | 459 | 194,836 | ||
Carlisle Cos., Inc. | 814 | 340,488 | ||
Carrier Global Corp. | 11,945 | 754,805 | ||
Caterpillar, Inc. | 7,660 | 2,593,063 | ||
Cintas Corp. | 618 | 418,985 | ||
Copart, Inc.(b) | 3,205 | 170,057 | ||
CSX Corp. | 32,283 | 1,089,551 | ||
Cummins, Inc.(c) | 2,641 | 744,049 | ||
Deere & Co. | 3,894 | 1,459,315 | ||
Delta Air Lines, Inc.(c) | 5,068 | 258,569 | ||
Dover Corp. | 1,770 | 325,361 | ||
Eaton Corp. PLC | 3,792 | 1,262,167 | ||
EMCOR Group, Inc. | 1,223 | 475,331 | ||
Emerson Electric Co. | 7,761 | 870,474 | ||
Equifax, Inc. | 811 | 187,657 | ||
Expeditors International of Washington, Inc. | 3,638 | 439,834 | ||
Fastenal Co.(c) | 4,065 | 268,209 | ||
FedEx Corp.(c) | 7,525 | 1,911,049 | ||
Fluor Corp.(b) | 5,053 | 219,300 | ||
Fortive Corp. | 4,159 | 309,596 | ||
Fortune Brands Innovations, Inc. | 2,815 | 197,219 | ||
GE Vernova, Inc.(b) | 3,644 | 640,980 | ||
General Dynamics Corp. | 5,132 | 1,538,420 | ||
General Electric Co. | 14,649 | 2,419,136 | ||
GXO Logistics, Inc.(b)(c) | 2,245 | 112,766 | ||
Hertz Global Holdings, Inc.(b)(c) | 8,854 | 38,603 | ||
Honeywell International, Inc. | 7,128 | 1,441,210 | ||
Howmet Aerospace, Inc. | 3,708 | 313,882 | ||
Hubbell, Inc. | 471 | 183,167 | ||
Huntington Ingalls Industries, Inc. | 913 | 231,080 | ||
Illinois Tool Works, Inc.(c) | 2,468 | 599,107 | ||
Ingersoll Rand, Inc.(c) | 4,355 | 405,233 | ||
J.B. Hunt Transport Services, Inc. | 1,359 | 218,459 | ||
Jacobs Solutions, Inc. | 2,289 | 318,949 | ||
Johnson Controls International PLC | 11,458 | 823,945 | ||
Knight-Swift Transportation Holdings, Inc. | 4,221 | 203,663 | ||
L3Harris Technologies, Inc. | 4,247 | 954,853 | ||
Landstar System, Inc. | 788 | 143,440 | ||
Leidos Holdings, Inc. | 3,217 | 473,060 | ||
Lockheed Martin Corp. | 4,330 | 2,036,572 |
See accompanying notes which are an integral part of this schedule.
Invesco RAFITM Strategic US ETF (IUS)—(continued)
May 31, 2024
(Unaudited)
Shares | Value | |||
Industrials-(continued) | ||||
ManpowerGroup, Inc. | 3,619 | $ 270,050 | ||
Masco Corp. | 4,176 | 291,986 | ||
Matson, Inc. | 2,319 | 297,296 | ||
MDU Resources Group, Inc. | 4,660 | 117,618 | ||
Norfolk Southern Corp. | 4,132 | 928,874 | ||
Northrop Grumman Corp. | 2,000 | 901,540 | ||
Old Dominion Freight Line, Inc. | 1,690 | 296,173 | ||
Oshkosh Corp. | 2,290 | 260,442 | ||
Otis Worldwide Corp. | 2,757 | 273,494 | ||
Owens Corning | 2,707 | 490,156 | ||
PACCAR, Inc. | 8,726 | 938,045 | ||
Parker-Hannifin Corp. | 1,414 | 751,569 | ||
Paychex, Inc.(c) | 1,799 | 216,168 | ||
Quanta Services, Inc. | 1,534 | 423,292 | ||
Regal Rexnord Corp. | 1,381 | 206,515 | ||
Republic Services, Inc. | 2,159 | 399,825 | ||
Robert Half, Inc. | 2,273 | 145,995 | ||
Rockwell Automation, Inc. | 809 | 208,342 | ||
RTX Corp.(c) | 25,280 | 2,725,437 | ||
Ryder System, Inc. | 3,628 | 440,693 | ||
Science Applications International Corp. | 1,403 | 188,914 | ||
Snap-on, Inc. | 755 | 206,009 | ||
Southwest Airlines Co.(c) | 4,192 | 112,513 | ||
SS&C Technologies Holdings, Inc. | 3,754 | 232,936 | ||
Stanley Black & Decker, Inc. | 5,539 | 482,835 | ||
Textron, Inc. | 5,575 | 488,426 | ||
Trane Technologies PLC | 2,636 | 863,185 | ||
TransDigm Group, Inc. | 222 | 298,197 | ||
Uber Technologies, Inc.(b) | 9,810 | 633,334 | ||
UFP Industries, Inc. | 1,856 | 221,755 | ||
Union Pacific Corp. | 8,691 | 2,023,439 | ||
United Airlines Holdings, Inc.(b) | 3,303 | 175,026 | ||
United Parcel Service, Inc., Class B | 14,191 | 1,971,556 | ||
United Rentals, Inc. | 1,365 | 913,745 | ||
Veralto Corp. | 1,830 | 180,401 | ||
Verisk Analytics, Inc. | 1,331 | 336,450 | ||
Vestis Corp. | 2,684 | 33,067 | ||
W.W. Grainger, Inc. | 409 | 376,877 | ||
Wabtec Corp. | 3,207 | 542,721 | ||
Waste Connections, Inc. | 2,270 | 373,006 | ||
Waste Management, Inc. | 4,149 | 874,319 | ||
Watsco, Inc.(c) | 406 | 192,809 | ||
WESCO International, Inc. | 1,394 | 250,209 | ||
WillScot Mobile Mini Holdings Corp.(b)(c) | 2,809 | 110,759 | ||
XPO, Inc.(b)(c) | 2,802 | 299,758 | ||
Xylem, Inc. | 1,356 | 191,223 | ||
ZIM Integrated Shipping Services Ltd. (Israel)(b) | 33,175 | 747,764 | ||
57,258,874 | ||||
Information Technology-19.52% | ||||
Accenture PLC, Class A | 6,444 | 1,819,077 | ||
Adobe, Inc.(b) | 3,536 | 1,572,671 | ||
Advanced Micro Devices, Inc.(b) | 12,160 | 2,029,504 | ||
Akamai Technologies, Inc.(b) | 2,676 | 246,834 | ||
Amdocs Ltd. | 1,889 | 149,231 | ||
Amkor Technology, Inc. | 6,461 | 210,564 | ||
Amphenol Corp., Class A | 5,332 | 705,797 | ||
Analog Devices, Inc. | 6,757 | 1,584,449 | ||
ANSYS, Inc.(b) | 471 | 149,519 | ||
Apple, Inc. | 113,653 | 21,849,789 | ||
Applied Materials, Inc. | 10,040 | 2,159,403 | ||
Arista Networks, Inc.(b) | 1,079 | 321,164 |
Shares | Value | |||
Information Technology-(continued) | ||||
Arrow Electronics, Inc.(b) | 3,710 | $ 487,160 | ||
Autodesk, Inc.(b) | 1,408 | 283,853 | ||
Avnet, Inc. | 6,031 | 329,293 | ||
Broadcom, Inc. | 4,000 | 5,314,200 | ||
Cadence Design Systems, Inc.(b) | 998 | 285,737 | ||
CDW Corp. | 1,920 | 429,350 | ||
Cisco Systems, Inc. | 60,777 | 2,826,130 | ||
Cognizant Technology Solutions Corp., Class A | 9,824 | 649,858 | ||
Corning, Inc. | 17,066 | 635,879 | ||
Dell Technologies, Inc., Class C(c) | 29,150 | 4,068,174 | ||
Dropbox, Inc., Class A(b)(c) | 5,969 | 134,482 | ||
DXC Technology Co.(b) | 13,344 | 207,499 | ||
Flex Ltd.(b) | 15,260 | 505,564 | ||
Fortinet, Inc.(b) | 3,711 | 220,137 | ||
Gartner, Inc.(b) | 602 | 252,641 | ||
Gen Digital, Inc. | 8,277 | 205,518 | ||
GoDaddy, Inc., Class A(b) | 2,444 | 341,256 | ||
Hewlett Packard Enterprise Co. | 59,522 | 1,050,563 | ||
HP, Inc. | 37,853 | 1,381,635 | ||
Intel Corp. | 114,579 | 3,534,762 | ||
International Business Machines Corp. | 14,855 | 2,478,557 | ||
Intuit, Inc. | 1,837 | 1,058,920 | ||
Jabil, Inc. | 5,394 | 641,347 | ||
Juniper Networks, Inc. | 5,627 | 200,715 | ||
Keysight Technologies, Inc.(b) | 1,502 | 207,997 | ||
KLA Corp. | 1,545 | 1,173,474 | ||
Kyndryl Holdings, Inc.(b) | 15,172 | 403,727 | ||
Lam Research Corp. | 1,336 | 1,245,740 | ||
Marvell Technology, Inc. | 8,270 | 569,059 | ||
Microchip Technology, Inc. | 5,563 | 540,890 | ||
Micron Technology, Inc. | 27,393 | 3,424,125 | ||
Microsoft Corp. | 40,036 | 16,620,145 | ||
Motorola Solutions, Inc. | 906 | 330,608 | ||
NetApp, Inc. | 3,716 | 447,518 | ||
NVIDIA Corp. | 5,402 | 5,922,375 | ||
ON Semiconductor Corp.(b) | 3,264 | 238,403 | ||
Oracle Corp. | 12,774 | 1,496,985 | ||
Palo Alto Networks, Inc.(b) | 1,363 | 401,962 | ||
Qorvo, Inc.(b) | 2,697 | 265,358 | ||
QUALCOMM, Inc. | 15,928 | 3,250,108 | ||
Roper Technologies, Inc. | 661 | 352,154 | ||
Salesforce, Inc. | 7,556 | 1,771,429 | ||
Sanmina Corp.(b) | 2,386 | 163,536 | ||
Seagate Technology Holdings PLC(c) | 5,557 | 518,135 | ||
ServiceNow, Inc.(b) | 579 | 380,362 | ||
Silicon Laboratories, Inc.(b) | 931 | 117,464 | ||
Skyworks Solutions, Inc. | 3,139 | 290,860 | ||
Synopsys, Inc.(b) | 808 | 453,126 | ||
TD SYNNEX Corp. | 3,186 | 416,856 | ||
TE Connectivity Ltd. | 4,880 | 730,536 | ||
Teledyne Technologies, Inc.(b) | 467 | 185,376 | ||
Teradyne, Inc. | 1,860 | 262,148 | ||
Texas Instruments, Inc. | 8,369 | 1,632,039 | ||
Trimble, Inc.(b) | 3,139 | 174,780 | ||
Twilio, Inc., Class A(b)(c) | 3,251 | 186,607 | ||
Western Digital Corp.(b) | 9,710 | 731,066 | ||
Workday, Inc., Class A(b) | 993 | 209,970 | ||
Xerox Holdings Corp.(c) | 11,603 | 163,138 | ||
Zebra Technologies Corp., Class A(b) | 632 | 197,399 | ||
Zoom Video Communications, Inc., Class A(b) | 3,214 | 197,147 | ||
105,993,834 |
See accompanying notes which are an integral part of this schedule.
Invesco RAFITM Strategic US ETF (IUS)—(continued)
May 31, 2024
(Unaudited)
Shares | Value | |||
Materials-4.61% | ||||
Air Products and Chemicals, Inc.(c) | 2,117 | $ 564,604 | ||
Albemarle Corp.(c) | 971 | 119,035 | ||
Alcoa Corp. | 7,437 | 329,236 | ||
Amcor PLC | 36,438 | 370,574 | ||
Avery Dennison Corp. | 1,212 | 275,839 | ||
Ball Corp. | 5,824 | 404,360 | ||
Berry Global Group, Inc. | 5,027 | 301,017 | ||
Celanese Corp. | 2,742 | 416,894 | ||
CF Industries Holdings, Inc.(c) | 7,354 | 586,334 | ||
Chemours Co. (The) | 5,469 | 135,741 | ||
Cleveland-Cliffs, Inc.(b)(c) | 32,358 | 559,146 | ||
Commercial Metals Co. | 3,680 | 207,258 | ||
Corteva, Inc. | 11,970 | 669,602 | ||
Crown Holdings, Inc. | 3,233 | 272,186 | ||
Dow, Inc. | 29,390 | 1,693,746 | ||
DuPont de Nemours, Inc. | 11,065 | 909,100 | ||
Eastman Chemical Co. | 4,529 | 458,924 | ||
Ecolab, Inc. | 2,045 | 474,849 | ||
FMC Corp.(c) | 1,398 | 85,208 | ||
Freeport-McMoRan, Inc. | 25,566 | 1,348,095 | ||
Graphic Packaging Holding Co.(c) | 5,971 | 169,099 | ||
Huntsman Corp. | 9,697 | 240,486 | ||
International Flavors & Fragrances, Inc. | 5,952 | 572,463 | ||
International Paper Co. | 17,871 | 805,803 | ||
Linde PLC | 5,479 | 2,386,214 | ||
Louisiana-Pacific Corp. | 3,608 | 330,781 | ||
LyondellBasell Industries N.V., Class A | 11,218 | 1,115,294 | ||
Martin Marietta Materials, Inc. | 553 | 316,360 | ||
Mosaic Co. (The) | 17,174 | 531,192 | ||
Newmont Corp. | 17,511 | 734,411 | ||
Nucor Corp. | 10,094 | 1,704,372 | ||
Olin Corp. | 5,939 | 319,281 | ||
Packaging Corp. of America | 1,957 | 359,090 | ||
PPG Industries, Inc. | 2,628 | 345,346 | ||
Reliance, Inc. | 1,578 | 474,631 | ||
Sherwin-Williams Co. (The) | 2,155 | 654,689 | ||
Sonoco Products Co. | 2,220 | 136,241 | ||
Steel Dynamics, Inc. | 6,277 | 840,302 | ||
Ternium S.A., ADR (Mexico) | 12,069 | 521,139 | ||
United States Steel Corp. | 25,994 | 996,870 | ||
Vulcan Materials Co. | 1,196 | 305,901 | ||
WestRock Co. | 17,867 | 958,386 | ||
25,000,099 | ||||
Real Estate-0.62% | ||||
CBRE Group, Inc., Class A(b) | 6,883 | 606,186 | ||
CoStar Group, Inc.(b) | 1,766 | 138,048 | ||
Equinix, Inc. | 528 | 402,854 | ||
Host Hotels & Resorts, Inc. | 8,322 | 149,297 | ||
Iron Mountain, Inc.(c) | 3,218 | 259,660 | ||
Jones Lang LaSalle, Inc.(b) | 2,273 | 459,305 | ||
Public Storage | 2,110 | 577,781 |
Shares | Value | |||
Real Estate-(continued) | ||||
SBA Communications Corp., Class A | 880 | $ 173,078 | ||
Weyerhaeuser Co. | 15,652 | 470,030 | ||
Zillow Group, Inc., Class C(b)(c) | 2,796 | 114,496 | ||
3,350,735 | ||||
Utilities-2.39% | ||||
AES Corp. (The) | 13,922 | 300,576 | ||
Alliant Energy Corp. | 3,238 | 166,725 | ||
Ameren Corp. | 4,405 | 323,195 | ||
American Electric Power Co., Inc. | 10,080 | 909,720 | ||
CenterPoint Energy, Inc. | 12,446 | 379,727 | ||
CMS Energy Corp. | 4,575 | 287,905 | ||
Consolidated Edison, Inc. | 7,373 | 697,117 | ||
DTE Energy Co. | 4,179 | 486,979 | ||
Edison International | 7,380 | 567,153 | ||
Entergy Corp. | 4,748 | 534,102 | ||
Eversource Energy | 6,743 | 399,388 | ||
FirstEnergy Corp. | 11,611 | 467,459 | ||
NiSource, Inc. | 8,401 | 244,133 | ||
NRG Energy, Inc. | 12,353 | 1,000,593 | ||
OGE Energy Corp. | 4,177 | 151,625 | ||
PPL Corp. | 17,927 | 525,799 | ||
Public Service Enterprise Group, Inc. | 7,866 | 595,928 | ||
Sempra(c) | 11,017 | 848,639 | ||
Southern Co. (The) | 17,255 | 1,382,816 | ||
UGI Corp. | 8,376 | 213,253 | ||
Vistra Corp. | 15,572 | 1,542,874 | ||
WEC Energy Group, Inc. | 4,981 | 403,610 | ||
Xcel Energy, Inc. | 9,629 | 533,928 | ||
12,963,244 | ||||
TOTAL INVESTMENTS IN SECURITIES (excluding investments purchased with cash collateral from securities on loan)-99.95% (Cost $499,755,227) | 542,639,606 | |||
Investments Purchased with Cash Collateral from Securities on Loan | ||||
Money Market Funds-5.67% | ||||
Invesco Private Government Fund, 5.30%(d)(e)(f) | 8,298,698 | 8,298,698 | ||
Invesco Private Prime Fund, 5.48%(d)(e)(f) | 22,481,745 | 22,488,490 | ||
Total Investments Purchased with Cash Collateral from Securities on Loan (Cost $30,787,538) | 30,787,188 | |||
TOTAL INVESTMENTS IN SECURITIES-105.62% (Cost $530,542,765) | 573,426,794 | |||
OTHER ASSETS LESS LIABILITIES-(5.62)% | (30,493,382) | |||
NET ASSETS-100.00% | $542,933,412 |
See accompanying notes which are an integral part of this schedule.
Invesco RAFITM Strategic US ETF (IUS)—(continued)
May 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 May 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 nine months ended May 31, 2024. |
Value August 31, 2023 | Purchases at Cost | Proceeds from Sales | Change in Unrealized Appreciation (Depreciation) | Realized Gain | Value May 31, 2024 | Dividend Income | |||||||
Investments in Affiliated Money Market Funds: | |||||||||||||
Invesco Government & Agency Portfolio, Institutional Class | $- | $4,438,955 | $(4,438,955) | $- | $- | $- | $3,246 | ||||||
Investments Purchased with Cash Collateral from Securities on Loan: | |||||||||||||
Invesco Private Government Fund | 2,195,569 | 33,129,188 | (27,026,059) | - | - | 8,298,698 | 137,209* | ||||||
Invesco Private Prime Fund | 5,653,488 | 71,257,894 | (54,424,498) | (245) | 1,851 | 22,488,490 | 369,810* | ||||||
Total | $7,849,057 | $108,826,037 | $(85,889,512) | $(245) | $1,851 | $30,787,188 | $510,265 |
* | 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 May 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
May 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 May 31, 2024, for Invesco RAFITM Strategic US ETF. As of May 31, 2024, all of the securities in Invesco Bloomberg Pricing Power ETF 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.
Level 1 | Level 2 | Level 3 | Total | ||||
Invesco Bloomberg Pricing Power ETF | |||||||
Investments in Securities | |||||||
Common Stocks & Other Equity Interests | $189,872,021 | $- | $- | $189,872,021 | |||
Money Market Funds | 7,184 | 14,330,495 | - | 14,337,679 | |||
Total Investments | $189,879,205 | $14,330,495 | $- | $204,209,700 | |||
Invesco RAFITM Strategic US ETF | |||||||
Investments in Securities | |||||||
Common Stocks & Other Equity Interests | $542,639,606 | $- | $- | $542,639,606 | |||
Money Market Funds | - | 30,787,188 | - | 30,787,188 | |||
Total Investments | $542,639,606 | $30,787,188 | $- | $573,426,794 |