# EDGAR Filing Document

**Accession Number:** 0001209466
**File Stem:** 0001209466-25-000137
**Filing Date:** 2025-9
**Character Count:** 200538
**Document Hash:** c5533ed65ea9dade0942a2e5edc51665
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209466-25-000137.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001209466-25-000137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INVESCO EXCHANGE-TRADED FUND TRUST
- **CENTRAL INDEX KEY:** 0001209466

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21265
- **FILM NUMBER:** 251346609

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** POWERSHARES EXCHANGE TRADED FUND TRUST
- **DATE OF NAME CHANGE:** 20021210

## Series and Classes Contracts Data

### Invesco S&P MidCap 400 GARP ETF (Series ID: S000060794)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000197610 | Invesco S&P MidCap 400 GARP ETF | GRPM            |

## Nport-Ex

Schedule of Investments<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight ETF (RSP)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.78%** | **Common Stocks & Other Equity Interests-99.78%** | **Common Stocks & Other Equity Interests-99.78%** |
| **Communication Services-4.17%** | **Communication Services-4.17%** | **Communication Services-4.17%** |
| Alphabet, Inc., Class A | 435800 | &nbsp;&nbsp; $83630020 |
| Alphabet, Inc., Class C | 351590 | &nbsp;&nbsp; 67807647 |
| AT&T, Inc. | 4941470 | &nbsp;&nbsp; 135445693 |
| &nbsp;&nbsp;&nbsp; Charter Communications, Inc., <br> Class A<sup>(b)(c)</sup><br>| 350260 | &nbsp;&nbsp; 94346034 |
| Comcast Corp., Class A | 3980790 | &nbsp;&nbsp; 132281652 |
| Electronic Arts, Inc. | 948576 | &nbsp;&nbsp; 144648354 |
| Fox Corp., Class A<sup>(c)</sup> | 1635633 | &nbsp;&nbsp; 91202896 |
| Fox Corp., Class B | 1007512 | &nbsp;&nbsp; 51524164 |
| Interpublic Group of Cos., Inc. (The) | 5893717 | &nbsp;&nbsp; 144985438 |
| Live Nation Entertainment, Inc.<sup>(b)(c)</sup> | 975210 | &nbsp;&nbsp; 144038517 |
| Match Group, Inc.<sup>(c)</sup> | 4439934 | &nbsp;&nbsp; 152156538 |
| Meta Platforms, Inc., Class A | 201900 | &nbsp;&nbsp; 156157536 |
| Netflix, Inc.<sup>(b)</sup> | 114685 | &nbsp;&nbsp; 132965789 |
| News Corp., Class A | 3753856 | &nbsp;&nbsp; 110063058 |
| News Corp., Class B<sup>(c)</sup> | 1108253 | &nbsp;&nbsp; 37037815 |
| Omnicom Group, Inc.<sup>(c)</sup> | 1910389 | &nbsp;&nbsp; 137643527 |
| Paramount Global, Class B<sup>(c)</sup> | 11440060 | &nbsp;&nbsp; 143801554 |
| Take-Two Interactive Software, Inc.<sup>(b)</sup> | 596887 | &nbsp;&nbsp; 132944642 |
| TKO Group Holdings, Inc.<sup>(c)</sup> | 848985 | &nbsp;&nbsp; 142637970 |
| T-Mobile US, Inc. | 606896 | &nbsp;&nbsp; 144690075 |
| Trade Desk, Inc. (The), Class A<sup>(b)(c)</sup> | 1985490 | &nbsp;&nbsp; 172658210 |
| Verizon Communications, Inc. | 3201558 | &nbsp;&nbsp; 136898620 |
| Walt Disney Co. (The) | 1171624 | &nbsp;&nbsp; 139552135 |
| Warner Bros. Discovery, Inc.<sup>(b)</sup> | 13323286 | &nbsp;&nbsp; 175467677 |
|  |  | &nbsp;&nbsp; 3004585561 |
| **Consumer Discretionary-10.43%** | **Consumer Discretionary-10.43%** | **Consumer Discretionary-10.43%** |
| Airbnb, Inc., Class A<sup>(b)</sup> | 1014333 | &nbsp;&nbsp; 134307833 |
| Amazon.com, Inc.<sup>(b)</sup> | 656734 | &nbsp;&nbsp; 153747997 |
| Aptiv PLC (Jersey)<sup>(b)</sup> | 1995106 | &nbsp;&nbsp; 136944076 |
| AutoZone, Inc.<sup>(b)</sup> | 38267 | &nbsp;&nbsp; 144204597 |
| Best Buy Co., Inc. | 1927740 | &nbsp;&nbsp; 125418764 |
| Booking Holdings, Inc. | 25358 | &nbsp;&nbsp; 139571953 |
| Caesars Entertainment, Inc.<sup>(b)(c)</sup> | 5018959 | &nbsp;&nbsp; 133905826 |
| CarMax, Inc.<sup>(b)</sup> | 2064586 | &nbsp;&nbsp; 116876213 |
| Carnival Corp.<sup>(b)(c)</sup> | 5865961 | &nbsp;&nbsp; 174629659 |
| Chipotle Mexican Grill, Inc.<sup>(b)</sup> | 2703743 | &nbsp;&nbsp; 115936500 |
| D.R. Horton, Inc. | 1121743 | &nbsp;&nbsp; 160229770 |
| Darden Restaurants, Inc. | 643843 | &nbsp;&nbsp; 129843818 |
| Deckers Outdoor Corp.<sup>(b)</sup> | 1297586 | &nbsp;&nbsp; 137764706 |
| Domino's Pizza, Inc.<sup>(c)</sup> | 313354 | &nbsp;&nbsp; 145148706 |
| DoorDash, Inc., Class A<sup>(b)</sup> | 643415 | &nbsp;&nbsp; 161014604 |
| eBay, Inc. | 1798701 | &nbsp;&nbsp; 165030817 |
| Expedia Group, Inc. | 807775 | &nbsp;&nbsp; 145577210 |
| Ford Motor Co.<sup>(c)</sup> | 13135900 | &nbsp;&nbsp; 145414413 |
| Garmin Ltd. | 669648 | &nbsp;&nbsp; 146492196 |
| General Motors Co. | 2807878 | &nbsp;&nbsp; 149772213 |
| Genuine Parts Co. | 1135745 | &nbsp;&nbsp; 146374816 |
| Hasbro, Inc. | 2028155 | &nbsp;&nbsp; 152436130 |
| Hilton Worldwide Holdings, Inc. | 552373 | &nbsp;&nbsp; 148080154 |
| Home Depot, Inc. (The) | 388461 | &nbsp;&nbsp; 142763302 |
| Las Vegas Sands Corp. | 3347078 | &nbsp;&nbsp; 175386887 |
| Lennar Corp., Class A<sup>(c)</sup> | 1256005 | &nbsp;&nbsp; 140898641 |
| LKQ Corp.<sup>(c)</sup> | 3556113 | &nbsp;&nbsp; 104798650 |
| Lowe's Cos., Inc. | 632005 | &nbsp;&nbsp; 141297358 |
| lululemon athletica, inc.<sup>(b)</sup> | 555196 | &nbsp;&nbsp; 111333454 |
| Marriott International, Inc., Class A | 526803 | &nbsp;&nbsp; 138986435 |
| McDonald's Corp. | 464075 | &nbsp;&nbsp; 139254985 |
| MGM Resorts International<sup>(b)(c)</sup> | 4214326 | &nbsp;&nbsp; 153612183 |
| Mohawk Industries, Inc.<sup>(b)(c)</sup> | 1337399 | &nbsp;&nbsp; 153145559 |
| NIKE, Inc., Class B | 2218432 | &nbsp;&nbsp; 165694686 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** |
| &nbsp;&nbsp;&nbsp; Norwegian Cruise Line Holdings <br> Ltd.<sup>(b)</sup><br>| 7339174 | &nbsp;&nbsp; $187589287 |
| NVR, Inc.<sup>(b)</sup> | 19632 | &nbsp;&nbsp; 148211588 |
| O'Reilly Automotive, Inc.<sup>(b)</sup> | 1555649 | &nbsp;&nbsp; 152951410 |
| Pool Corp.<sup>(c)</sup> | 466786 | &nbsp;&nbsp; 143835438 |
| PulteGroup, Inc. | 1353773 | &nbsp;&nbsp; 152868047 |
| Ralph Lauren Corp. | 523424 | &nbsp;&nbsp; 156372920 |
| Ross Stores, Inc. | 1026848 | &nbsp;&nbsp; 140205826 |
| Royal Caribbean Cruises Ltd.<sup>(c)</sup> | 522937 | &nbsp;&nbsp; 166225984 |
| Starbucks Corp.<sup>(c)</sup> | 1468345 | &nbsp;&nbsp; 130917640 |
| Tapestry, Inc. | 1712770 | &nbsp;&nbsp; 185030543 |
| Tesla, Inc.<sup>(b)</sup> | 428985 | &nbsp;&nbsp; 132243206 |
| TJX Cos., Inc. (The) | 1124415 | &nbsp;&nbsp; 140023400 |
| Tractor Supply Co.<sup>(c)</sup> | 2728966 | &nbsp;&nbsp; 155414614 |
| Ulta Beauty, Inc.<sup>(b)</sup> | 306354 | &nbsp;&nbsp; 157775374 |
| Williams-Sonoma, Inc. | 900081 | &nbsp;&nbsp; 168360151 |
| Wynn Resorts Ltd.<sup>(c)</sup> | 1599958 | &nbsp;&nbsp; 174443421 |
| Yum! Brands, Inc.<sup>(c)</sup> | 976452 | &nbsp;&nbsp; 140755556 |
|  |  | &nbsp;&nbsp; 7509119516 |
| **Consumer Staples-7.40%** | **Consumer Staples-7.40%** | **Consumer Staples-7.40%** |
| Altria Group, Inc. | 2337411 | &nbsp;&nbsp; 144779237 |
| Archer-Daniels-Midland Co.<sup>(c)</sup> | 2877436 | &nbsp;&nbsp; 155899483 |
| Brown-Forman Corp., Class B<sup>(c)</sup> | 5092253 | &nbsp;&nbsp; 146911499 |
| Bunge Global S.A. | 1855717 | &nbsp;&nbsp; 148011988 |
| Campbell's Co. (The)<sup>(c)</sup> | 4192964 | &nbsp;&nbsp; 133839411 |
| Church & Dwight Co., Inc. | 1413161 | &nbsp;&nbsp; 132512107 |
| Clorox Co. (The) | 1109312 | &nbsp;&nbsp; 139285215 |
| Coca-Cola Co. (The) | 1942988 | &nbsp;&nbsp; 131909455 |
| Colgate-Palmolive Co. | 1520326 | &nbsp;&nbsp; 127479335 |
| Conagra Brands, Inc. | 6260022 | &nbsp;&nbsp; 114308002 |
| Constellation Brands, Inc., Class A | 828493 | &nbsp;&nbsp; 138391471 |
| Costco Wholesale Corp. | 140206 | &nbsp;&nbsp; 131743166 |
| Dollar General Corp. | 1256468 | &nbsp;&nbsp; 131803493 |
| Dollar Tree, Inc.<sup>(b)</sup> | 1486264 | &nbsp;&nbsp; 168765277 |
| &nbsp;&nbsp;&nbsp; Estee Lauder Cos., Inc. (The), <br> Class A<sup>(c)</sup><br>| 2004553 | &nbsp;&nbsp; 187104977 |
| General Mills, Inc.<sup>(c)</sup> | 2582448 | &nbsp;&nbsp; 126488303 |
| Hershey Co. (The)<sup>(c)</sup> | 833653 | &nbsp;&nbsp; 155167833 |
| Hormel Foods Corp.<sup>(c)</sup> | 4527672 | &nbsp;&nbsp; 127182306 |
| J.M. Smucker Co. (The) | 1461134 | &nbsp;&nbsp; 156838124 |
| Kellanova | 1715910 | &nbsp;&nbsp; 136981095 |
| Kenvue, Inc. | 6409596 | &nbsp;&nbsp; 137421738 |
| Keurig Dr Pepper, Inc. | 4261531 | &nbsp;&nbsp; 139138987 |
| Kimberly-Clark Corp. | 1054110 | &nbsp;&nbsp; 131363188 |
| Kraft Heinz Co. (The)<sup>(c)</sup> | 5300708 | &nbsp;&nbsp; 145557442 |
| Kroger Co. (The) | 2167201 | &nbsp;&nbsp; 151920790 |
| Lamb Weston Holdings, Inc. | 2511198 | &nbsp;&nbsp; 143314070 |
| McCormick & Co., Inc. | 1851700 | &nbsp;&nbsp; 130785571 |
| Molson Coors Beverage Co., Class B<sup>(c)</sup> | 2705695 | &nbsp;&nbsp; 131821460 |
| Mondelez International, Inc., Class A | 2091856 | &nbsp;&nbsp; 135322165 |
| Monster Beverage Corp.<sup>(b)</sup> | 2237470 | &nbsp;&nbsp; 131451363 |
| PepsiCo, Inc. | 1078578 | &nbsp;&nbsp; 148757478 |
| Philip Morris International, Inc. | 764287 | &nbsp;&nbsp; 125381282 |
| Procter & Gamble Co. (The) | 863890 | &nbsp;&nbsp; 129989528 |
| Sysco Corp. | 1873594 | &nbsp;&nbsp; 149138082 |
| Target Corp. | 1427629 | &nbsp;&nbsp; 143476715 |
| Tyson Foods, Inc., Class A | 2529387 | &nbsp;&nbsp; 132286940 |
| Walgreens Boots Alliance, Inc.<sup>(c)</sup> | 12349267 | &nbsp;&nbsp; 143745468 |
| Walmart, Inc. | 1461926 | &nbsp;&nbsp; 143239509 |
|  |  | &nbsp;&nbsp; 5329513553 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight ETF (RSP)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Energy-4.27%** | **Energy-4.27%** | **Energy-4.27%** |
| APA Corp.<sup>(c)</sup> | 7141437 | &nbsp;&nbsp; $137758320 |
| Baker Hughes Co., Class A | 3588147 | &nbsp;&nbsp; 161646022 |
| Chevron Corp. | 967469 | &nbsp;&nbsp; 146707056 |
| ConocoPhillips | 1500276 | &nbsp;&nbsp; 143036314 |
| Coterra Energy, Inc.<sup>(c)</sup> | 5432135 | &nbsp;&nbsp; 132489773 |
| Devon Energy Corp. | 4062526 | &nbsp;&nbsp; 134957114 |
| Diamondback Energy, Inc. | 940400 | &nbsp;&nbsp; 139799864 |
| EOG Resources, Inc. | 1167670 | &nbsp;&nbsp; 140143753 |
| EQT Corp. | 2595538 | &nbsp;&nbsp; 139510168 |
| Expand Energy Corp. | 1247781 | &nbsp;&nbsp; 130742493 |
| Exxon Mobil Corp. | 1281006 | &nbsp;&nbsp; 143011510 |
| Halliburton Co. | 6311271 | &nbsp;&nbsp; 141372470 |
| Kinder Morgan, Inc. | 5088531 | &nbsp;&nbsp; 142784180 |
| Marathon Petroleum Corp. | 850301 | &nbsp;&nbsp; 144712727 |
| Occidental Petroleum Corp.<sup>(c)</sup> | 3122946 | &nbsp;&nbsp; 137222247 |
| ONEOK, Inc. | 1689343 | &nbsp;&nbsp; 138711954 |
| Phillips 66 | 1157528 | &nbsp;&nbsp; 143047310 |
| Schlumberger N.V.<sup>(c)</sup> | 3923907 | &nbsp;&nbsp; 132628057 |
| Targa Resources Corp. | 824798 | &nbsp;&nbsp; 137254635 |
| Texas Pacific Land Corp.<sup>(c)</sup> | 127500 | &nbsp;&nbsp; 123436575 |
| Valero Energy Corp. | 1044387 | &nbsp;&nbsp; 143404779 |
| Williams Cos., Inc. (The) | 2356781 | &nbsp;&nbsp; 141289021 |
|  |  | &nbsp;&nbsp; 3075666342 |
| **Financials-15.03%** | **Financials-15.03%** | **Financials-15.03%** |
| Aflac, Inc. | 1382223 | &nbsp;&nbsp; 137337677 |
| Allstate Corp. (The) | 714150 | &nbsp;&nbsp; 145150987 |
| American Express Co. | 468165 | &nbsp;&nbsp; 140126466 |
| American International Group, Inc. | 1659370 | &nbsp;&nbsp; 128816893 |
| Ameriprise Financial, Inc. | 271544 | &nbsp;&nbsp; 140711385 |
| Aon PLC, Class A | 400971 | &nbsp;&nbsp; 142629394 |
| Apollo Global Management, Inc.<sup>(c)</sup> | 1014485 | &nbsp;&nbsp; 147424960 |
| Arch Capital Group Ltd.<sup>(c)</sup> | 1566610 | &nbsp;&nbsp; 134822457 |
| Arthur J. Gallagher & Co. | 447937 | &nbsp;&nbsp; 128669903 |
| Assurant, Inc. | 712840 | &nbsp;&nbsp; 133514932 |
| Bank of America Corp. | 3130391 | &nbsp;&nbsp; 147973583 |
| Bank of New York Mellon Corp. (The) | 1563574 | &nbsp;&nbsp; 158624582 |
| Berkshire Hathaway, Inc., Class B<sup>(b)</sup> | 287194 | &nbsp;&nbsp; 135521105 |
| BlackRock, Inc. | 140704 | &nbsp;&nbsp; 155620031 |
| Blackstone, Inc., Class A | 990609 | &nbsp;&nbsp; 171335733 |
| Block, Inc., Class A<sup>(b)(c)</sup> | 1932812 | &nbsp;&nbsp; 149329055 |
| Brown & Brown, Inc.<sup>(c)</sup> | 1340797 | &nbsp;&nbsp; 122508622 |
| Capital One Financial Corp. | 698120 | &nbsp;&nbsp; 150095800 |
| Cboe Global Markets, Inc. | 628263 | &nbsp;&nbsp; 151436514 |
| Charles Schwab Corp. (The) | 1584401 | &nbsp;&nbsp; 154843510 |
| Chubb Ltd. | 490424 | &nbsp;&nbsp; 130472401 |
| Cincinnati Financial Corp. | 953146 | &nbsp;&nbsp; 140598566 |
| Citigroup, Inc. | 1786110 | &nbsp;&nbsp; 167358507 |
| Citizens Financial Group, Inc. | 3382580 | &nbsp;&nbsp; 161416718 |
| CME Group, Inc., Class A | 519639 | &nbsp;&nbsp; 144605141 |
| Coinbase Global, Inc., Class A<sup>(b)</sup> | 559032 | &nbsp;&nbsp; 211179928 |
| Corpay, Inc.<sup>(b)</sup> | 401864 | &nbsp;&nbsp; 129822165 |
| Erie Indemnity Co., Class A<sup>(c)</sup> | 392567 | &nbsp;&nbsp; 139848068 |
| Everest Group Ltd. | 417207 | &nbsp;&nbsp; 140098111 |
| FactSet Research Systems, Inc.<sup>(c)</sup> | 331130 | &nbsp;&nbsp; 133412277 |
| &nbsp;&nbsp;&nbsp; Fidelity National Information Services, <br> Inc.<br>| 1727664 | &nbsp;&nbsp; 137193798 |
| Fifth Third Bancorp | 3577864 | &nbsp;&nbsp; 148731806 |
| Fiserv, Inc.<sup>(b)</sup> | 833010 | &nbsp;&nbsp; 115738409 |
| Franklin Resources, Inc.<sup>(c)</sup> | 6212830 | &nbsp;&nbsp; 149107920 |
| Global Payments, Inc. | 1758575 | &nbsp;&nbsp; 140598071 |
| Globe Life, Inc. | 1169068 | &nbsp;&nbsp; 164218982 |
| Goldman Sachs Group, Inc. (The) | 224080 | &nbsp;&nbsp; 162142047 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Hartford Insurance Group, Inc. (The) | 1125893 | &nbsp;&nbsp; $140049830 |
| Huntington Bancshares, Inc. | 8702813 | &nbsp;&nbsp; 142987218 |
| Intercontinental Exchange, Inc. | 789004 | &nbsp;&nbsp; 145831609 |
| Invesco Ltd.<sup>(d)</sup> | 9291878 | &nbsp;&nbsp; 195222357 |
| Jack Henry & Associates, Inc.<sup>(c)</sup> | 778840 | &nbsp;&nbsp; 132258715 |
| JPMorgan Chase & Co. | 522807 | &nbsp;&nbsp; 154876346 |
| KeyCorp | 8627819 | &nbsp;&nbsp; 154610516 |
| KKR & Co., Inc., Class A | 1111653 | &nbsp;&nbsp; 162946097 |
| Loews Corp. | 1581655 | &nbsp;&nbsp; 143203044 |
| M&T Bank Corp.<sup>(c)</sup> | 759318 | &nbsp;&nbsp; 143283307 |
| MarketAxess Holdings, Inc. | 622327 | &nbsp;&nbsp; 127888199 |
| Marsh & McLennan Cos., Inc. | 644993 | &nbsp;&nbsp; 128482606 |
| Mastercard, Inc., Class A | 237206 | &nbsp;&nbsp; 134370083 |
| MetLife, Inc. | 1774774 | &nbsp;&nbsp; 134794085 |
| Moody's Corp. | 289940 | &nbsp;&nbsp; 149530756 |
| Morgan Stanley | 1065034 | &nbsp;&nbsp; 151724744 |
| MSCI, Inc. | 252914 | &nbsp;&nbsp; 141975803 |
| Nasdaq, Inc. | 1613557 | &nbsp;&nbsp; 155256455 |
| Northern Trust Corp. | 1291242 | &nbsp;&nbsp; 167861460 |
| PayPal Holdings, Inc.<sup>(b)</sup> | 1876920 | &nbsp;&nbsp; 129057019 |
| &nbsp;&nbsp;&nbsp; PNC Financial Services Group, Inc. <br> (The)<br>| 787914 | &nbsp;&nbsp; 149916397 |
| Principal Financial Group, Inc. | 1830634 | &nbsp;&nbsp; 142478244 |
| Progressive Corp. (The) | 531460 | &nbsp;&nbsp; 128634578 |
| Prudential Financial, Inc. | 1338707 | &nbsp;&nbsp; 138663271 |
| Raymond James Financial, Inc. | 948234 | &nbsp;&nbsp; 158478348 |
| Regions Financial Corp. | 6282314 | &nbsp;&nbsp; 159131014 |
| S&P Global, Inc. | 272438 | &nbsp;&nbsp; 150140582 |
| State Street Corp. | 1439036 | &nbsp;&nbsp; 160812273 |
| Synchrony Financial | 2266021 | &nbsp;&nbsp; 157873683 |
| T. Rowe Price Group, Inc. | 1472273 | &nbsp;&nbsp; 149362096 |
| Travelers Cos., Inc. (The) | 535850 | &nbsp;&nbsp; 139449604 |
| Truist Financial Corp. | 3477846 | &nbsp;&nbsp; 152016649 |
| U.S. Bancorp | 3168112 | &nbsp;&nbsp; 142438316 |
| Visa, Inc., Class A | 374673 | &nbsp;&nbsp; 129438281 |
| W.R. Berkley Corp. | 1934659 | &nbsp;&nbsp; 133123886 |
| Wells Fargo & Co. | 1868740 | &nbsp;&nbsp; 150676506 |
| Willis Towers Watson PLC | 473199 | &nbsp;&nbsp; 149440976 |
|  |  | &nbsp;&nbsp; 10821321457 |
| **Health Care-11.22%** | **Health Care-11.22%** | **Health Care-11.22%** |
| Abbott Laboratories | 1035801 | &nbsp;&nbsp; 130707728 |
| AbbVie, Inc. | 731152 | &nbsp;&nbsp; 138202351 |
| Agilent Technologies, Inc. | 1169687 | &nbsp;&nbsp; 134291765 |
| Align Technology, Inc.<sup>(b)(c)</sup> | 755348 | &nbsp;&nbsp; 97447446 |
| Amgen, Inc. | 480181 | &nbsp;&nbsp; 141701413 |
| Baxter International, Inc.<sup>(c)</sup> | 4459896 | &nbsp;&nbsp; 97047337 |
| Becton, Dickinson and Co. | 810635 | &nbsp;&nbsp; 144495689 |
| Biogen, Inc.<sup>(b)</sup> | 1052443 | &nbsp;&nbsp; 134712704 |
| Bio-Techne Corp. | 2717163 | &nbsp;&nbsp; 148710331 |
| Boston Scientific Corp.<sup>(b)</sup> | 1408798 | &nbsp;&nbsp; 147811086 |
| Bristol-Myers Squibb Co. | 2792101 | &nbsp;&nbsp; 120925894 |
| Cardinal Health, Inc. | 912528 | &nbsp;&nbsp; 141642596 |
| Cencora, Inc. | 489029 | &nbsp;&nbsp; 139901416 |
| Centene Corp.<sup>(b)</sup> | 2531798 | &nbsp;&nbsp; 66003974 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories <br> International, Inc.<sup>(b)</sup><br>| 926535 | &nbsp;&nbsp; 157177397 |
| Cigna Group (The) | 450916 | &nbsp;&nbsp; 120565920 |
| Cooper Cos., Inc. (The)<sup>(b)</sup> | 1960791 | &nbsp;&nbsp; 138608316 |
| CVS Health Corp. | 2131000 | &nbsp;&nbsp; 132335100 |
| Danaher Corp. | 684586 | &nbsp;&nbsp; 134972976 |
| DaVita, Inc.<sup>(b)(c)</sup> | 1013451 | &nbsp;&nbsp; 142258117 |
| DexCom, Inc.<sup>(b)(c)</sup> | 1687473 | &nbsp;&nbsp; 136297194 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight ETF (RSP)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Edwards Lifesciences Corp.<sup>(b)(c)</sup> | 1855717 | &nbsp;&nbsp; $147176915 |
| Elevance Health, Inc. | 367998 | &nbsp;&nbsp; 104172874 |
| Eli Lilly and Co. | 173480 | &nbsp;&nbsp; 128387344 |
| GE HealthCare Technologies, Inc. | 1907729 | &nbsp;&nbsp; 136059232 |
| Gilead Sciences, Inc. | 1281114 | &nbsp;&nbsp; 143856291 |
| HCA Healthcare, Inc. | 380857 | &nbsp;&nbsp; 134819569 |
| Henry Schein, Inc.<sup>(b)(c)</sup> | 1968539 | &nbsp;&nbsp; 133171663 |
| Hologic, Inc.<sup>(b)</sup> | 2168575 | &nbsp;&nbsp; 144904182 |
| Humana, Inc. | 604583 | &nbsp;&nbsp; 151067154 |
| IDEXX Laboratories, Inc.<sup>(b)</sup> | 267076 | &nbsp;&nbsp; 142701378 |
| Incyte Corp.<sup>(b)</sup> | 2033984 | &nbsp;&nbsp; 152325062 |
| Insulet Corp.<sup>(b)</sup> | 463281 | &nbsp;&nbsp; 133610240 |
| Intuitive Surgical, Inc.<sup>(b)</sup> | 268004 | &nbsp;&nbsp; 128934044 |
| IQVIA Holdings, Inc.<sup>(b)</sup> | 882155 | &nbsp;&nbsp; 163957328 |
| Johnson & Johnson | 901983 | &nbsp;&nbsp; 148592679 |
| Labcorp Holdings, Inc. | 538617 | &nbsp;&nbsp; 140083509 |
| McKesson Corp. | 195096 | &nbsp;&nbsp; 135306880 |
| Medtronic PLC | 1590071 | &nbsp;&nbsp; 143488007 |
| Merck & Co., Inc. | 1743776 | &nbsp;&nbsp; 136223781 |
| Mettler-Toledo International, Inc.<sup>(b)(c)</sup> | 117385 | &nbsp;&nbsp; 144815527 |
| Moderna, Inc.<sup>(b)(c)</sup> | 5046164 | &nbsp;&nbsp; 149164608 |
| Molina Healthcare, Inc.<sup>(b)</sup> | 475185 | &nbsp;&nbsp; 75017456 |
| Pfizer, Inc. | 5720471 | &nbsp;&nbsp; 133229770 |
| Quest Diagnostics, Inc.<sup>(c)</sup> | 791592 | &nbsp;&nbsp; 132520417 |
| Regeneron Pharmaceuticals, Inc. | 269974 | &nbsp;&nbsp; 147260018 |
| ResMed, Inc.<sup>(c)</sup> | 557390 | &nbsp;&nbsp; 151576637 |
| Revvity, Inc.<sup>(c)</sup> | 1457730 | &nbsp;&nbsp; 128134467 |
| Solventum Corp.<sup>(b)</sup> | 1881998 | &nbsp;&nbsp; 134299377 |
| STERIS PLC | 581671 | &nbsp;&nbsp; 131742665 |
| Stryker Corp. | 367837 | &nbsp;&nbsp; 144460625 |
| Thermo Fisher Scientific, Inc. | 336909 | &nbsp;&nbsp; 157565601 |
| UnitedHealth Group, Inc. | 451138 | &nbsp;&nbsp; 112585999 |
| &nbsp;&nbsp;&nbsp; Universal Health Services, Inc., <br> Class B<br>| 812704 | &nbsp;&nbsp; 135274581 |
| Vertex Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 309471 | &nbsp;&nbsp; 141388016 |
| Viatris, Inc. | 15594311 | &nbsp;&nbsp; 136294278 |
| Waters Corp.<sup>(b)</sup> | 404901 | &nbsp;&nbsp; 116919213 |
| West Pharmaceutical Services, Inc. | 625148 | &nbsp;&nbsp; 149572911 |
| Zimmer Biomet Holdings, Inc.<sup>(c)</sup> | 1486009 | &nbsp;&nbsp; 136192725 |
| Zoetis, Inc. | 842527 | &nbsp;&nbsp; 122832011 |
|  |  | &nbsp;&nbsp; 8075501784 |
| **Industrials-15.91%** | **Industrials-15.91%** | **Industrials-15.91%** |
| 3M Co. | 951602 | &nbsp;&nbsp; 141998050 |
| A.O. Smith Corp. | 2140150 | &nbsp;&nbsp; 151501218 |
| Allegion PLC | 1015162 | &nbsp;&nbsp; 168435679 |
| AMETEK, Inc. | 774028 | &nbsp;&nbsp; 143079076 |
| Automatic Data Processing, Inc. | 448625 | &nbsp;&nbsp; 138849438 |
| Axon Enterprise, Inc.<sup>(b)</sup> | 179606 | &nbsp;&nbsp; 135690537 |
| Boeing Co. (The)<sup>(b)</sup> | 654234 | &nbsp;&nbsp; 145135271 |
| Broadridge Financial Solutions, Inc. | 580562 | &nbsp;&nbsp; 143694901 |
| Builders FirstSource, Inc.<sup>(b)(c)</sup> | 1224665 | &nbsp;&nbsp; 155691661 |
| C.H. Robinson Worldwide, Inc. | 1480524 | &nbsp;&nbsp; 170734028 |
| Carrier Global Corp. | 1932214 | &nbsp;&nbsp; 132588525 |
| Caterpillar, Inc. | 385535 | &nbsp;&nbsp; 168872041 |
| Cintas Corp. | 631655 | &nbsp;&nbsp; 140574820 |
| Copart, Inc.<sup>(b)</sup> | 2773156 | &nbsp;&nbsp; 125707161 |
| CSX Corp. | 4332996 | &nbsp;&nbsp; 153994678 |
| Cummins, Inc. | 432782 | &nbsp;&nbsp; 159099319 |
| Dayforce, Inc.<sup>(b)(c)</sup> | 2309039 | &nbsp;&nbsp; 133162279 |
| Deere & Co. | 268819 | &nbsp;&nbsp; 140960619 |
| Delta Air Lines, Inc. | 2847899 | &nbsp;&nbsp; 151536706 |
| Dover Corp. | 781690 | &nbsp;&nbsp; 141595327 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Eaton Corp. PLC | 429915 | &nbsp;&nbsp; $165396899 |
| Emerson Electric Co. | 1107461 | &nbsp;&nbsp; 161146650 |
| Equifax, Inc. | 515900 | &nbsp;&nbsp; 123934657 |
| &nbsp;&nbsp;&nbsp; Expeditors International of <br> Washington, Inc.<sup>(c)</sup><br>| 1223680 | &nbsp;&nbsp; 142240563 |
| Fastenal Co. | 3283388 | &nbsp;&nbsp; 151462688 |
| FedEx Corp. | 625135 | &nbsp;&nbsp; 139711421 |
| Fortive Corp. | 2575364 | &nbsp;&nbsp; 123437197 |
| GE Vernova, Inc. | 289956 | &nbsp;&nbsp; 191455047 |
| Generac Holdings, Inc.<sup>(b)(c)</sup> | 1078733 | &nbsp;&nbsp; 210018528 |
| General Dynamics Corp. | 507664 | &nbsp;&nbsp; 158193179 |
| General Electric Co. | 570161 | &nbsp;&nbsp; 154559244 |
| Honeywell International, Inc. | 620048 | &nbsp;&nbsp; 137867673 |
| Howmet Aerospace, Inc. | 820140 | &nbsp;&nbsp; 147436568 |
| Hubbell, Inc.<sup>(c)</sup> | 360215 | &nbsp;&nbsp; 157586858 |
| Huntington Ingalls Industries, Inc.<sup>(c)</sup> | 619010 | &nbsp;&nbsp; 172617129 |
| IDEX Corp. | 764687 | &nbsp;&nbsp; 125033971 |
| Illinois Tool Works, Inc. | 568301 | &nbsp;&nbsp; 145468007 |
| Ingersoll Rand, Inc. | 1683114 | &nbsp;&nbsp; 142441938 |
| J.B. Hunt Transport Services, Inc. | 994347 | &nbsp;&nbsp; 143235685 |
| Jacobs Solutions, Inc. | 1102167 | &nbsp;&nbsp; 156364432 |
| Johnson Controls International PLC | 1356929 | &nbsp;&nbsp; 142477545 |
| L3Harris Technologies, Inc. | 568185 | &nbsp;&nbsp; 156148602 |
| Leidos Holdings, Inc. | 960040 | &nbsp;&nbsp; 153270386 |
| Lennox International, Inc. | 254632 | &nbsp;&nbsp; 155070888 |
| Lockheed Martin Corp. | 306645 | &nbsp;&nbsp; 129091412 |
| Masco Corp. | 2192886 | &nbsp;&nbsp; 149401323 |
| Nordson Corp.<sup>(c)</sup> | 639004 | &nbsp;&nbsp; 136881047 |
| Norfolk Southern Corp. | 557446 | &nbsp;&nbsp; 154969988 |
| Northrop Grumman Corp. | 287000 | &nbsp;&nbsp; 165487070 |
| Old Dominion Freight Line, Inc. | 863817 | &nbsp;&nbsp; 128924687 |
| Otis Worldwide Corp. | 1468179 | &nbsp;&nbsp; 125808259 |
| PACCAR, Inc. | 1491610 | &nbsp;&nbsp; 147311404 |
| Parker-Hannifin Corp. | 208716 | &nbsp;&nbsp; 152759240 |
| Paychex, Inc. | 909180 | &nbsp;&nbsp; 131221949 |
| Paycom Software, Inc.<sup>(c)</sup> | 556278 | &nbsp;&nbsp; 128800608 |
| Pentair PLC | 1411437 | &nbsp;&nbsp; 144248861 |
| Quanta Services, Inc. | 393617 | &nbsp;&nbsp; 159859672 |
| Republic Services, Inc. | 564445 | &nbsp;&nbsp; 130189239 |
| Rockwell Automation, Inc. | 430827 | &nbsp;&nbsp; 151526164 |
| Rollins, Inc. | 2457207 | &nbsp;&nbsp; 140724245 |
| RTX Corp. | 987837 | &nbsp;&nbsp; 155653476 |
| Snap-on, Inc.<sup>(c)</sup> | 436838 | &nbsp;&nbsp; 140307997 |
| Southwest Airlines Co.<sup>(c)</sup> | 4181402 | &nbsp;&nbsp; 129330764 |
| Stanley Black & Decker, Inc.<sup>(c)</sup> | 2055683 | &nbsp;&nbsp; 139066955 |
| Textron, Inc. | 1823715 | &nbsp;&nbsp; 141830316 |
| Trane Technologies PLC | 331468 | &nbsp;&nbsp; 145209501 |
| TransDigm Group, Inc. | 97928 | &nbsp;&nbsp; 157513271 |
| Uber Technologies, Inc.<sup>(b)</sup> | 1617562 | &nbsp;&nbsp; 141941066 |
| Union Pacific Corp. | 620338 | &nbsp;&nbsp; 137696426 |
| United Airlines Holdings, Inc.<sup>(b)(c)</sup> | 1781240 | &nbsp;&nbsp; 157301304 |
| United Parcel Service, Inc., Class B | 1384508 | &nbsp;&nbsp; 119289209 |
| United Rentals, Inc. | 194486 | &nbsp;&nbsp; 171719469 |
| Veralto Corp. | 1426142 | &nbsp;&nbsp; 149502466 |
| Verisk Analytics, Inc. | 450072 | &nbsp;&nbsp; 125439567 |
| W.W. Grainger, Inc. | 130052 | &nbsp;&nbsp; 135194256 |
| Wabtec Corp. | 686553 | &nbsp;&nbsp; 131852504 |
| Waste Management, Inc.<sup>(c)</sup> | 598060 | &nbsp;&nbsp; 137051430 |
| Xylem, Inc. | 1102562 | &nbsp;&nbsp; 159452516 |
|  |  | &nbsp;&nbsp; 11452034750 |
| **Information Technology-13.98%** | **Information Technology-13.98%** | **Information Technology-13.98%** |
| Accenture PLC, Class A (Ireland) | 438973 | &nbsp;&nbsp; 117249688 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight ETF (RSP)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| Adobe, Inc.<sup>(b)</sup> | 338817 | &nbsp;&nbsp; $121191453 |
| Advanced Micro Devices, Inc.<sup>(b)</sup> | 1156341 | &nbsp;&nbsp; 203874482 |
| Akamai Technologies, Inc.<sup>(b)(c)</sup> | 1790884 | &nbsp;&nbsp; 136662358 |
| Amphenol Corp., Class A | 1504780 | &nbsp;&nbsp; 160274118 |
| Analog Devices, Inc. | 602493 | &nbsp;&nbsp; 135338003 |
| Apple, Inc. | 704465 | &nbsp;&nbsp; 146225800 |
| Applied Materials, Inc. | 810296 | &nbsp;&nbsp; 145901898 |
| Arista Networks, Inc.<sup>(b)</sup> | 1486371 | &nbsp;&nbsp; 183150635 |
| Autodesk, Inc.<sup>(b)</sup> | 471874 | &nbsp;&nbsp; 143029728 |
| Broadcom, Inc. | 553895 | &nbsp;&nbsp; 162678961 |
| Cadence Design Systems, Inc.<sup>(b)</sup> | 455683 | &nbsp;&nbsp; 166128351 |
| CDW Corp.<sup>(c)</sup> | 797225 | &nbsp;&nbsp; 139020096 |
| Cisco Systems, Inc. | 2181416 | &nbsp;&nbsp; 148510801 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., <br> Class A<br>| 1736510 | &nbsp;&nbsp; 124611958 |
| Corning, Inc. | 2775677 | &nbsp;&nbsp; 175533813 |
| CrowdStrike Holdings, Inc., Class A<sup>(b)</sup> | 293961 | &nbsp;&nbsp; 133625852 |
| Datadog, Inc., Class A<sup>(b)(c)</sup> | 1067875 | &nbsp;&nbsp; 149481142 |
| Dell Technologies, Inc., Class C | 1258958 | &nbsp;&nbsp; 167051137 |
| Enphase Energy, Inc.<sup>(b)</sup> | 3092978 | &nbsp;&nbsp; 100088768 |
| EPAM Systems, Inc.<sup>(b)</sup> | 793210 | &nbsp;&nbsp; 125097149 |
| F5, Inc.<sup>(b)</sup> | 478384 | &nbsp;&nbsp; 149935113 |
| Fair Isaac Corp.<sup>(b)</sup> | 77586 | &nbsp;&nbsp; 111469358 |
| First Solar, Inc.<sup>(b)(c)</sup> | 834451 | &nbsp;&nbsp; 145803623 |
| Fortinet, Inc.<sup>(b)</sup> | 1372568 | &nbsp;&nbsp; 137119543 |
| Gartner, Inc.<sup>(b)</sup> | 338270 | &nbsp;&nbsp; 114555136 |
| Gen Digital, Inc.<sup>(c)</sup> | 4756679 | &nbsp;&nbsp; 140274464 |
| GoDaddy, Inc., Class A<sup>(b)(c)</sup> | 791938 | &nbsp;&nbsp; 127961342 |
| Hewlett Packard Enterprise Co. | 7685458 | &nbsp;&nbsp; 159012126 |
| HP, Inc. | 5642147 | &nbsp;&nbsp; 139925246 |
| Intel Corp. | 6771404 | &nbsp;&nbsp; 134073799 |
| International Business Machines Corp. | 497303 | &nbsp;&nbsp; 125892254 |
| Intuit, Inc. | 182842 | &nbsp;&nbsp; 143554739 |
| Jabil, Inc. | 784916 | &nbsp;&nbsp; 175169704 |
| Keysight Technologies, Inc.<sup>(b)</sup> | 861784 | &nbsp;&nbsp; 141255015 |
| KLA Corp. | 160707 | &nbsp;&nbsp; 141266274 |
| Lam Research Corp. | 1539868 | &nbsp;&nbsp; 146041081 |
| Microchip Technology, Inc.<sup>(c)</sup> | 2012193 | &nbsp;&nbsp; 136004125 |
| Micron Technology, Inc. | 1206790 | &nbsp;&nbsp; 131709061 |
| Microsoft Corp. | 295899 | &nbsp;&nbsp; 157862116 |
| Monolithic Power Systems, Inc. | 194251 | &nbsp;&nbsp; 138159081 |
| Motorola Solutions, Inc. | 342213 | &nbsp;&nbsp; 150224663 |
| NetApp, Inc.<sup>(c)</sup> | 1364406 | &nbsp;&nbsp; 142075597 |
| NVIDIA Corp. | 980392 | &nbsp;&nbsp; 174382325 |
| &nbsp;&nbsp;&nbsp; NXP Semiconductors N.V. <br> (Netherlands)<br>| 644605 | &nbsp;&nbsp; 137797211 |
| ON Semiconductor Corp.<sup>(b)(c)</sup> | 2704277 | &nbsp;&nbsp; 152413052 |
| Oracle Corp. | 794198 | &nbsp;&nbsp; 201543626 |
| Palantir Technologies, Inc., Class A<sup>(b)</sup> | 1027074 | &nbsp;&nbsp; 162637168 |
| Palo Alto Networks, Inc.<sup>(b)(c)</sup> | 720856 | &nbsp;&nbsp; 125140602 |
| PTC, Inc.<sup>(b)(c)</sup> | 818882 | &nbsp;&nbsp; 175904042 |
| QUALCOMM, Inc. | 878617 | &nbsp;&nbsp; 128945831 |
| Roper Technologies, Inc. | 246140 | &nbsp;&nbsp; 135475456 |
| Salesforce, Inc. | 527106 | &nbsp;&nbsp; 136167293 |
| Seagate Technology Holdings PLC | 1107279 | &nbsp;&nbsp; 173853876 |
| ServiceNow, Inc.<sup>(b)</sup> | 139139 | &nbsp;&nbsp; 131224774 |
| Skyworks Solutions, Inc. | 1922984 | &nbsp;&nbsp; 131801323 |
| Super Micro Computer, Inc.<sup>(b)(c)</sup> | 3240615 | &nbsp;&nbsp; 191099067 |
| Synopsys, Inc.<sup>(b)</sup> | 279774 | &nbsp;&nbsp; 177228436 |
| TE Connectivity PLC (Switzerland) | 844600 | &nbsp;&nbsp; 173776450 |
| Teledyne Technologies, Inc.<sup>(b)</sup> | 281247 | &nbsp;&nbsp; 154972722 |
| Teradyne, Inc. | 1613557 | &nbsp;&nbsp; 173344429 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| Texas Instruments, Inc. | 701206 | &nbsp;&nbsp; $126960358 |
| Trimble, Inc.<sup>(b)</sup> | 1930579 | &nbsp;&nbsp; 161956272 |
| Tyler Technologies, Inc.<sup>(b)(c)</sup> | 239929 | &nbsp;&nbsp; 140252896 |
| VeriSign, Inc. | 500338 | &nbsp;&nbsp; 134525878 |
| Western Digital Corp.<sup>(c)</sup> | 2515417 | &nbsp;&nbsp; 197938164 |
| Workday, Inc., Class A<sup>(b)(c)</sup> | 557435 | &nbsp;&nbsp; 127864440 |
| Zebra Technologies Corp., Class A<sup>(b)</sup> | 478399 | &nbsp;&nbsp; 162186829 |
|  |  | &nbsp;&nbsp; 10063462171 |
| **Materials-5.04%** | **Materials-5.04%** | **Materials-5.04%** |
| Air Products and Chemicals, Inc. | 496080 | &nbsp;&nbsp; 142811510 |
| Albemarle Corp.<sup>(c)</sup> | 2151856 | &nbsp;&nbsp; 146003430 |
| Amcor PLC | 15286868 | &nbsp;&nbsp; 142932216 |
| Avery Dennison Corp. | 789687 | &nbsp;&nbsp; 132485788 |
| Ball Corp. | 2549238 | &nbsp;&nbsp; 145969368 |
| CF Industries Holdings, Inc. | 1470693 | &nbsp;&nbsp; 136524431 |
| Corteva, Inc. | 1942911 | &nbsp;&nbsp; 140142170 |
| Dow, Inc.<sup>(c)</sup> | 4565105 | &nbsp;&nbsp; 106321295 |
| DuPont de Nemours, Inc. | 2018092 | &nbsp;&nbsp; 145100815 |
| Eastman Chemical Co. | 1749507 | &nbsp;&nbsp; 127031703 |
| Ecolab, Inc. | 523031 | &nbsp;&nbsp; 136908595 |
| Freeport-McMoRan, Inc. | 3414582 | &nbsp;&nbsp; 137402780 |
| &nbsp;&nbsp;&nbsp; International Flavors & Fragrances, <br> Inc.<sup>(c)</sup><br>| 1787679 | &nbsp;&nbsp; 126978839 |
| International Paper Co. | 2974372 | &nbsp;&nbsp; 139022147 |
| Linde PLC | 298507 | &nbsp;&nbsp; 137390832 |
| LyondellBasell Industries N.V., Class A | 2291407 | &nbsp;&nbsp; 132741208 |
| Martin Marietta Materials, Inc. | 256169 | &nbsp;&nbsp; 147266435 |
| Mosaic Co. (The) | 4041299 | &nbsp;&nbsp; 145527177 |
| Newmont Corp. | 2627221 | &nbsp;&nbsp; 163150424 |
| Nucor Corp. | 1196078 | &nbsp;&nbsp; 171122879 |
| Packaging Corp. of America | 725296 | &nbsp;&nbsp; 140526100 |
| PPG Industries, Inc. | 1239009 | &nbsp;&nbsp; 130715450 |
| Sherwin-Williams Co. (The) | 392141 | &nbsp;&nbsp; 129751614 |
| Smurfit WestRock PLC | 3227495 | &nbsp;&nbsp; 143236228 |
| Steel Dynamics, Inc. | 1077542 | &nbsp;&nbsp; 137451258 |
| Vulcan Materials Co. | 536157 | &nbsp;&nbsp; 147266243 |
|  |  | &nbsp;&nbsp; 3631780935 |
| **Real Estate-5.91%** | **Real Estate-5.91%** | **Real Estate-5.91%** |
| Alexandria Real Estate Equities, Inc.<sup>(c)</sup> | 1913329 | &nbsp;&nbsp; 146235735 |
| American Tower Corp. | 653139 | &nbsp;&nbsp; 136107636 |
| AvalonBay Communities, Inc. | 678418 | &nbsp;&nbsp; 126375705 |
| BXP, Inc.<sup>(c)</sup> | 1918940 | &nbsp;&nbsp; 125556244 |
| Camden Property Trust | 1192925 | &nbsp;&nbsp; 130267410 |
| CBRE Group, Inc., Class A<sup>(b)</sup> | 1046235 | &nbsp;&nbsp; 162940639 |
| CoStar Group, Inc.<sup>(b)</sup> | 1712009 | &nbsp;&nbsp; 162966137 |
| Crown Castle, Inc. | 1408381 | &nbsp;&nbsp; 148006759 |
| Digital Realty Trust, Inc. | 796820 | &nbsp;&nbsp; 140590921 |
| Equinix, Inc., REIT<sup>(c)</sup> | 156711 | &nbsp;&nbsp; 123044776 |
| Equity Residential<sup>(c)</sup> | 2021517 | &nbsp;&nbsp; 127759874 |
| Essex Property Trust, Inc.<sup>(c)</sup> | 489796 | &nbsp;&nbsp; 127435123 |
| Extra Space Storage, Inc. | 931830 | &nbsp;&nbsp; 125200679 |
| Federal Realty Investment Trust | 1451851 | &nbsp;&nbsp; 133802588 |
| Healthpeak Properties, Inc. | 7997638 | &nbsp;&nbsp; 135479988 |
| Host Hotels & Resorts, Inc. | 8767904 | &nbsp;&nbsp; 137831451 |
| Invitation Homes, Inc. | 4203092 | &nbsp;&nbsp; 128824770 |
| Iron Mountain, Inc. | 1387033 | &nbsp;&nbsp; 135041533 |
| Kimco Realty Corp. | 6671835 | &nbsp;&nbsp; 141643057 |
| &nbsp;&nbsp;&nbsp; Mid-America Apartment Communities, <br> Inc.<br>| 931260 | &nbsp;&nbsp; 132639362 |
| Prologis, Inc., REIT | 1290686 | &nbsp;&nbsp; 137819451 |
| Public Storage | 466524 | &nbsp;&nbsp; 126866537 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight ETF (RSP)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate-(continued)** | **Real Estate-(continued)** | **Real Estate-(continued)** |
| Realty Income Corp., REIT | 2424482 | &nbsp;&nbsp; $136086175 |
| Regency Centers Corp.<sup>(c)</sup> | 1972227 | &nbsp;&nbsp; 140817008 |
| SBA Communications Corp., Class A<sup>(c)</sup> | 623024 | &nbsp;&nbsp; 140005953 |
| Simon Property Group, Inc. | 877355 | &nbsp;&nbsp; 143701975 |
| UDR, Inc. | 3368820 | &nbsp;&nbsp; 132360938 |
| Ventas, Inc. | 2208601 | &nbsp;&nbsp; 148373815 |
| VICI Properties, Inc.<sup>(c)</sup> | 4311623 | &nbsp;&nbsp; 140558910 |
| Welltower, Inc., REIT | 932007 | &nbsp;&nbsp; 153846395 |
| Weyerhaeuser Co.<sup>(c)</sup> | 5118582 | &nbsp;&nbsp; 128220479 |
|  |  | &nbsp;&nbsp; 4256408023 |
| **Utilities-6.42%** | **Utilities-6.42%** | **Utilities-6.42%** |
| AES Corp. (The) | 12199582 | &nbsp;&nbsp; 160424503 |
| Alliant Energy Corp. | 2291045 | &nbsp;&nbsp; 148940835 |
| Ameren Corp.<sup>(c)</sup> | 1461174 | &nbsp;&nbsp; 147768527 |
| American Electric Power Co., Inc.<sup>(c)</sup> | 1373772 | &nbsp;&nbsp; 155428564 |
| American Water Works Co., Inc. | 996470 | &nbsp;&nbsp; 139744953 |
| Atmos Energy Corp. | 918991 | &nbsp;&nbsp; 143289077 |
| CenterPoint Energy, Inc.<sup>(c)</sup> | 3886562 | &nbsp;&nbsp; 150876337 |
| CMS Energy Corp. | 2000616 | &nbsp;&nbsp; 147645461 |
| Consolidated Edison, Inc. | 1365551 | &nbsp;&nbsp; 141334528 |
| Constellation Energy Corp. | 479515 | &nbsp;&nbsp; 166794497 |
| Dominion Energy, Inc.<sup>(c)</sup> | 2520107 | &nbsp;&nbsp; 147300254 |
| DTE Energy Co. | 1038119 | &nbsp;&nbsp; 143686051 |
| Duke Energy Corp. | 1203490 | &nbsp;&nbsp; 146392524 |
| Edison International | 2822818 | &nbsp;&nbsp; 147125274 |
| Entergy Corp. | 1704948 | &nbsp;&nbsp; 154178448 |
| Evergy, Inc.<sup>(c)</sup> | 2074306 | &nbsp;&nbsp; 146860865 |
| Eversource Energy | 2136620 | &nbsp;&nbsp; 141230582 |
| Exelon Corp. | 3265859 | &nbsp;&nbsp; 146767703 |
| FirstEnergy Corp. | 3482708 | &nbsp;&nbsp; 148746459 |
| NextEra Energy, Inc. | 1918317 | &nbsp;&nbsp; 136315606 |
| NiSource, Inc. | 3549054 | &nbsp;&nbsp; 150657342 |
| NRG Energy, Inc. | 939378 | &nbsp;&nbsp; 157064001 |
| PG&E Corp. | 9732285 | &nbsp;&nbsp; 136446636 |
| Pinnacle West Capital Corp. | 1569806 | &nbsp;&nbsp; 142255820 |
| PPL Corp.<sup>(c)</sup> | 4145601 | &nbsp;&nbsp; 147956500 |
| Public Service Enterprise Group, Inc. | 1732993 | &nbsp;&nbsp; 155605441 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| Sempra | 1843175 | &nbsp;&nbsp; $150550534 |
| Southern Co. (The) | 1563762 | &nbsp;&nbsp; 147744234 |
| Vistra Corp. | 839928 | &nbsp;&nbsp; 175158585 |
| WEC Energy Group, Inc.<sup>(c)</sup> | 1326346 | &nbsp;&nbsp; 144677822 |
| Xcel Energy, Inc. | 2052029 | &nbsp;&nbsp; 150701010 |
|  |  | &nbsp;&nbsp; 4619668973 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $67,659,493,250) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $67,659,493,250) | &nbsp;&nbsp; 71839063065 |
| **Money Market Funds-0.14%** | **Money Market Funds-0.14%** | **Money Market Funds-0.14%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class, <br> 4.25%<sup>(d)(e)</sup> <br>(Cost $100,488,744)<br>| 100488744 | &nbsp;&nbsp; 100488744 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.92% <br>(Cost $67,759,981,994) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.92% <br>(Cost $67,759,981,994) | &nbsp;&nbsp; 71939551809 |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-4.07%** | **Money Market Funds-4.07%** | **Money Market Funds-4.07%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 771481224 | &nbsp;&nbsp; 771481224 |
| &nbsp;&nbsp;&nbsp; Invesco Private Prime Fund, <br> 4.46%<sup>(d)(e)(f)</sup><br>| 2159463791 | &nbsp;&nbsp; 2159895684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $2,931,376,908) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $2,931,376,908) | &nbsp;&nbsp; 2931376908 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-103.99% <br>(Cost $70,691,358,902) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-103.99% <br>(Cost $70,691,358,902) | &nbsp;&nbsp; 74870928717 |
| OTHER ASSETS LESS LIABILITIES-(3.99)% | OTHER ASSETS LESS LIABILITIES-(3.99)% | &nbsp;&nbsp; (2869526847)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $72001401870 |

---

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

Investment Abbreviations: <br> REIT -Real Estate Investment Trust

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| &nbsp;&nbsp; Invesco Ltd. | &nbsp;&nbsp;&nbsp; $128171783 | &nbsp;&nbsp;&nbsp; $16394421 | &nbsp;&nbsp;&nbsp; $(16125176)<br>| &nbsp;&nbsp;&nbsp; $65466861 | &nbsp;&nbsp;&nbsp; $1314468 | &nbsp;&nbsp;&nbsp; $195222357 | &nbsp;&nbsp;&nbsp; $1926806 |
| **Investments in** <br> **Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco <br> Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; 85360814 | &nbsp;&nbsp;&nbsp; 652597669 | &nbsp;&nbsp;&nbsp; (637469739)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 100488744 | &nbsp;&nbsp;&nbsp; 1048909 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight ETF (RSP)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **April 30, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br>| **Realized**<br> **Gain**<br> **(Loss)**<br>| **Value**<br> **July 31, 2025**<br>| **Dividend Income** |
| **Investments** <br> **Purchased with** <br> **Cash Collateral** <br> **from Securities on** <br> **Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; $864508230 | &nbsp;&nbsp;&nbsp; $1756694176 | &nbsp;&nbsp;&nbsp; $(1849721182)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $771481224 | &nbsp;&nbsp;&nbsp; $9,472,842<br> \*<br>|
| &nbsp;&nbsp; Invesco Private <br> Prime Fund<br>| &nbsp;&nbsp;&nbsp; 2288058550 | &nbsp;&nbsp;&nbsp; 3237532142 | &nbsp;&nbsp;&nbsp; (3365696210)<br>| &nbsp;&nbsp;&nbsp; 168661 | &nbsp;&nbsp;&nbsp; (167459)<br>| &nbsp;&nbsp;&nbsp; 2159895684 | &nbsp;&nbsp;&nbsp; 25,881,196<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $3366099377 | &nbsp;&nbsp;&nbsp; $5663218408 | &nbsp;&nbsp;&nbsp; $(5869012307)<br>| &nbsp;&nbsp;&nbsp; $65635522 | &nbsp;&nbsp;&nbsp; $1147009 | &nbsp;&nbsp;&nbsp; $3227088009 | &nbsp;&nbsp;&nbsp; $38329753 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  | **Open Futures Contracts**<sup>(a)</sup>  |
| **Long Futures Contracts** | **Number of**<br> **Contracts**<br>| **Expiration**<br> **Month**<br>| **Notional**<br> **Value**<br>| **Value** | **Unrealized**<br> **Appreciation**<br>|
| **Equity Risk** |  |  |  |  |  |
| &nbsp;&nbsp; E-mini S&P 500 Equal Weight | &nbsp;&nbsp;&nbsp; 940 | September-2025 | &nbsp;&nbsp;&nbsp; $140257400 | &nbsp;&nbsp;&nbsp; $3418562 | &nbsp;&nbsp;&nbsp; $3418562 |

---

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

<sup>(a)</sup> Futures contracts collateralized by $28,730,830 cash held with Morgan Stanley & Co. LLC, the futures commission merchant.

See accompanying notes which are an integral part of this schedule.

------

Schedule of Investments<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Communication Services ETF (RSPC)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** |
| **Diversified Telecommunication Services-17.16%** | **Diversified Telecommunication Services-17.16%** | **Diversified Telecommunication Services-17.16%** |
| AT&T, Inc. | 104885 | &nbsp;&nbsp; $2874898 |
| Frontier Communications Parent, Inc.<sup>(b)</sup> | 82225 | &nbsp;&nbsp; 3020946 |
| T-Mobile US, Inc. | 12872 | &nbsp;&nbsp; 3068814 |
| Verizon Communications, Inc. | 67957 | &nbsp;&nbsp; 2905841 |
|  |  | &nbsp;&nbsp; 11870499 |
| **Entertainment-31.05%** | **Entertainment-31.05%** | **Entertainment-31.05%** |
| Electronic Arts, Inc. | 20128 | &nbsp;&nbsp; 3069319 |
| Live Nation Entertainment, Inc.<sup>(b)(c)</sup> | 20701 | &nbsp;&nbsp; 3057538 |
| Netflix, Inc.<sup>(b)</sup> | 2437 | &nbsp;&nbsp; 2825458 |
| Take-Two Interactive Software, Inc.<sup>(b)</sup> | 12662 | &nbsp;&nbsp; 2820207 |
| TKO Group Holdings, Inc. | 18023 | &nbsp;&nbsp; 3028044 |
| Walt Disney Co. (The) | 24869 | &nbsp;&nbsp; 2962146 |
| Warner Bros. Discovery, Inc.<sup>(b)</sup> | 282822 | &nbsp;&nbsp; 3724766 |
|  |  | &nbsp;&nbsp; 21487478 |
| **Interactive Media & Services-14.09%** | **Interactive Media & Services-14.09%** | **Interactive Media & Services-14.09%** |
| Alphabet, Inc., Class A | 9232 | &nbsp;&nbsp; 1771621 |
| Alphabet, Inc., Class C | 7447 | &nbsp;&nbsp; 1436228 |
| Match Group, Inc. | 94243 | &nbsp;&nbsp; 3229708 |
| Meta Platforms, Inc., Class A | 4282 | &nbsp;&nbsp; 3311870 |
|  |  | &nbsp;&nbsp; 9749427 |
| **Media-37.61%** | **Media-37.61%** | **Media-37.61%** |
| Charter Communications, Inc., Class A<sup>(b)</sup> | 7435 | &nbsp;&nbsp; 2002692 |
| Comcast Corp., Class A | 84493 | &nbsp;&nbsp; 2807702 |
| Fox Corp., Class A | 34744 | &nbsp;&nbsp; 1937325 |
| Fox Corp., Class B | 21388 | &nbsp;&nbsp; 1093782 |
| Interpublic Group of Cos., Inc. (The) | 125103 | &nbsp;&nbsp; 3077534 |
| New York Times Co. (The), Class A | 53336 | &nbsp;&nbsp; 2767605 |
| News Corp., Class A | 79722 | &nbsp;&nbsp; 2337449 |
| News Corp., Class B<sup>(c)</sup> | 23526 | &nbsp;&nbsp; 786239 |
| Omnicom Group, Inc.<sup>(c)</sup> | 40552 | &nbsp;&nbsp; 2921772 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Media-(continued)** | **Media-(continued)** | **Media-(continued)** |
| Paramount Global, Class B<sup>(c)</sup> | 242848 | &nbsp;&nbsp; $3052599 |
| Trade Desk, Inc. (The), Class A<sup>(b)</sup> | 37252 | &nbsp;&nbsp; 3239434 |
|  |  | &nbsp;&nbsp; 26024133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $61,011,543) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $61,011,543) | &nbsp;&nbsp; 69131537 |
| **Money Market Funds-0.01%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $3,519)<br>| 3519 | &nbsp;&nbsp; 3519 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral from <br> securities on loan)-99.92% <br>(Cost $61,015,062) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral from <br> securities on loan)-99.92% <br>(Cost $61,015,062) | &nbsp;&nbsp; 69135056 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-13.88%** | **Money Market Funds-13.88%** | **Money Market Funds-13.88%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 2664996 | &nbsp;&nbsp; 2664996 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 6940268 | &nbsp;&nbsp; 6941656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $9,606,652) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $9,606,652) | &nbsp;&nbsp; 9606652 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-113.80% <br>(Cost $70,621,714) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-113.80% <br>(Cost $70,621,714) | &nbsp;&nbsp; 78741708 |
| OTHER ASSETS LESS LIABILITIES-(13.80)% | OTHER ASSETS LESS LIABILITIES-(13.80)% | &nbsp;&nbsp; (9549362)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $69192346 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $26689 | &nbsp;&nbsp;&nbsp; $330815 | &nbsp;&nbsp;&nbsp; $(353985)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $3519 | &nbsp;&nbsp;&nbsp; $181 |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 2364647 | &nbsp;&nbsp;&nbsp; 16915791 | &nbsp;&nbsp;&nbsp; (16615442)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 2664996 | &nbsp;&nbsp;&nbsp; 26,694<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 6180518 | &nbsp;&nbsp;&nbsp; 37473909 | &nbsp;&nbsp;&nbsp; (36712720)<br>| &nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp; (57)<br>| &nbsp;&nbsp;&nbsp; 6941656 | &nbsp;&nbsp;&nbsp; 69,155<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $8571854 | &nbsp;&nbsp;&nbsp; $54720515 | &nbsp;&nbsp;&nbsp; $(53682147)<br>| &nbsp;&nbsp;&nbsp; $6 | &nbsp;&nbsp;&nbsp; $(57)<br>| &nbsp;&nbsp;&nbsp; $9610171 | &nbsp;&nbsp;&nbsp; $96030 |

---

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

\* 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.

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

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Communication Services ETF (RSPC)—(continued)**

July 31, 2025

*(Unaudited)*

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Consumer Discretionary ETF (RSPD)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.99%** | **Common Stocks & Other Equity Interests-99.99%** | **Common Stocks & Other Equity Interests-99.99%** |
| **Automobile Components-1.83%** | **Automobile Components-1.83%** | **Automobile Components-1.83%** |
| Aptiv PLC (Jersey)<sup>(b)</sup> | 53802 | &nbsp;&nbsp; $3692969 |
| **Automobiles-5.69%** | **Automobiles-5.69%** | **Automobiles-5.69%** |
| Ford Motor Co. | 354209 | &nbsp;&nbsp; 3921094 |
| General Motors Co. | 75710 | &nbsp;&nbsp; 4038371 |
| Tesla, Inc.<sup>(b)</sup> | 11554 | &nbsp;&nbsp; 3561752 |
|  |  | &nbsp;&nbsp; 11521217 |
| **Broadline Retail-4.25%** | **Broadline Retail-4.25%** | **Broadline Retail-4.25%** |
| Amazon.com, Inc.<sup>(b)</sup> | 17715 | &nbsp;&nbsp; 4147259 |
| eBay, Inc. | 48478 | &nbsp;&nbsp; 4447856 |
|  |  | &nbsp;&nbsp; 8595115 |
| **Distributors-5.26%** | **Distributors-5.26%** | **Distributors-5.26%** |
| Genuine Parts Co. | 30631 | &nbsp;&nbsp; 3947723 |
| LKQ Corp. | 95874 | &nbsp;&nbsp; 2825407 |
| Pool Corp. | 12593 | &nbsp;&nbsp; 3880407 |
|  |  | &nbsp;&nbsp; 10653537 |
| **Hotels, Restaurants & Leisure-37.78%** | **Hotels, Restaurants & Leisure-37.78%** | **Hotels, Restaurants & Leisure-37.78%** |
| Airbnb, Inc., Class A<sup>(b)</sup> | 27359 | &nbsp;&nbsp; 3622605 |
| Booking Holdings, Inc. | 687 | &nbsp;&nbsp; 3781289 |
| Caesars Entertainment, Inc.<sup>(b)</sup> | 135334 | &nbsp;&nbsp; 3610711 |
| Carnival Corp.<sup>(b)</sup> | 158187 | &nbsp;&nbsp; 4709227 |
| Chipotle Mexican Grill, Inc.<sup>(b)</sup> | 72913 | &nbsp;&nbsp; 3126509 |
| Darden Restaurants, Inc. | 17351 | &nbsp;&nbsp; 3499176 |
| Domino's Pizza, Inc. | 8448 | &nbsp;&nbsp; 3913198 |
| DoorDash, Inc., Class A<sup>(b)</sup> | 17340 | &nbsp;&nbsp; 4339335 |
| Expedia Group, Inc. | 21792 | &nbsp;&nbsp; 3927354 |
| Hilton Worldwide Holdings, Inc. | 14883 | &nbsp;&nbsp; 3989835 |
| Las Vegas Sands Corp. | 90255 | &nbsp;&nbsp; 4729362 |
| Marriott International, Inc., Class A | 14180 | &nbsp;&nbsp; 3741109 |
| McDonald's Corp. | 12515 | &nbsp;&nbsp; 3755376 |
| MGM Resorts International<sup>(b)</sup> | 113626 | &nbsp;&nbsp; 4141668 |
| Norwegian Cruise Line Holdings Ltd.<sup>(b)</sup> | 197898 | &nbsp;&nbsp; 5058273 |
| Royal Caribbean Cruises Ltd.<sup>(c)</sup> | 14079 | &nbsp;&nbsp; 4475292 |
| Starbucks Corp. | 39573 | &nbsp;&nbsp; 3528329 |
| Wynn Resorts Ltd. | 43151 | &nbsp;&nbsp; 4704754 |
| Yum! Brands, Inc. | 26318 | &nbsp;&nbsp; 3793740 |
|  |  | &nbsp;&nbsp; 76447142 |
| **Household Durables-11.97%** | **Household Durables-11.97%** | **Household Durables-11.97%** |
| D.R. Horton, Inc. | 30260 | &nbsp;&nbsp; 4322338 |
| Garmin Ltd. | 18058 | &nbsp;&nbsp; 3950368 |
| Lennar Corp., Class A | 33866 | &nbsp;&nbsp; 3799088 |
| Mohawk Industries, Inc.<sup>(b)</sup> | 36061 | &nbsp;&nbsp; 4129345 |
| NVR, Inc.<sup>(b)</sup> | 515 | &nbsp;&nbsp; 3887987 |
| PulteGroup, Inc. | 36517 | &nbsp;&nbsp; 4123500 |
|  |  | &nbsp;&nbsp; 24212626 |
| **Leisure Products-2.03%** | **Leisure Products-2.03%** | **Leisure Products-2.03%** |
| Hasbro, Inc. | 54682 | &nbsp;&nbsp; 4109899 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Specialty Retail-21.11%** | **Specialty Retail-21.11%** | **Specialty Retail-21.11%** |
| AutoZone, Inc.<sup>(b)</sup> | 1027 | &nbsp;&nbsp; $3870126 |
| Best Buy Co., Inc. | 51982 | &nbsp;&nbsp; 3381949 |
| CarMax, Inc.<sup>(b)</sup> | 55676 | &nbsp;&nbsp; 3151818 |
| Home Depot, Inc. (The) | 10464 | &nbsp;&nbsp; 3845625 |
| Lowe's Cos., Inc. | 17048 | &nbsp;&nbsp; 3811421 |
| O'Reilly Automotive, Inc.<sup>(b)</sup> | 41951 | &nbsp;&nbsp; 4124622 |
| Ross Stores, Inc. | 27692 | &nbsp;&nbsp; 3781066 |
| TJX Cos., Inc. (The) | 30333 | &nbsp;&nbsp; 3777369 |
| Tractor Supply Co.<sup>(c)</sup> | 73591 | &nbsp;&nbsp; 4191007 |
| Ulta Beauty, Inc.<sup>(b)</sup> | 8258 | &nbsp;&nbsp; 4252953 |
| Williams-Sonoma, Inc. | 24269 | &nbsp;&nbsp; 4539516 |
|  |  | &nbsp;&nbsp; 42727472 |
| **Textiles, Apparel & Luxury Goods-10.07%** | **Textiles, Apparel & Luxury Goods-10.07%** | **Textiles, Apparel & Luxury Goods-10.07%** |
| Deckers Outdoor Corp.<sup>(b)</sup> | 34988 | &nbsp;&nbsp; 3714676 |
| lululemon athletica, inc.<sup>(b)</sup> | 14958 | &nbsp;&nbsp; 2999528 |
| NIKE, Inc., Class B | 59821 | &nbsp;&nbsp; 4468031 |
| Ralph Lauren Corp. | 14091 | &nbsp;&nbsp; 4209686 |
| Tapestry, Inc. | 46170 | &nbsp;&nbsp; 4987745 |
|  |  | &nbsp;&nbsp; 20379666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $206,312,302) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $206,312,302) | &nbsp;&nbsp; 202339643 |
| **Money Market Funds-0.01%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $27,796)<br>| 27796 | &nbsp;&nbsp; 27796 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.00% <br>(Cost $206,340,098) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.00% <br>(Cost $206,340,098) | &nbsp;&nbsp; 202367439 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-2.30%** | **Money Market Funds-2.30%** | **Money Market Funds-2.30%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 1288261 | &nbsp;&nbsp; 1288261 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 3356490 | &nbsp;&nbsp; 3357161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $4,645,623) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $4,645,623) | &nbsp;&nbsp; 4645422 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-102.30% <br>(Cost $210,985,721) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-102.30% <br>(Cost $210,985,721) | &nbsp;&nbsp; 207012861 |
| OTHER ASSETS LESS LIABILITIES-(2.30)% | OTHER ASSETS LESS LIABILITIES-(2.30)% | &nbsp;&nbsp; (4648216)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $202364645 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Consumer Discretionary ETF (RSPD)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation)**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $14183 | &nbsp;&nbsp;&nbsp; $876743 | &nbsp;&nbsp;&nbsp; $(863130)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $27796 | &nbsp;&nbsp;&nbsp; $1357 |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; 3832009 | &nbsp;&nbsp;&nbsp; 9294879 | &nbsp;&nbsp;&nbsp; (11838627)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 1288261 | &nbsp;&nbsp;&nbsp; 26,805<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 9939498 | &nbsp;&nbsp;&nbsp; 23883960 | &nbsp;&nbsp;&nbsp; (30465995)<br>| &nbsp;&nbsp;&nbsp; (200)<br>| &nbsp;&nbsp;&nbsp; (102)<br>| &nbsp;&nbsp;&nbsp; 3357161 | &nbsp;&nbsp;&nbsp; 71,766<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $13785690 | &nbsp;&nbsp;&nbsp; $34055582 | &nbsp;&nbsp;&nbsp; $(43167752)<br>| &nbsp;&nbsp;&nbsp; $(200)<br>| &nbsp;&nbsp;&nbsp; $(102)<br>| &nbsp;&nbsp;&nbsp; $4673218 | &nbsp;&nbsp;&nbsp; $99928 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Consumer Staples ETF (RSPS)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** | **Common Stocks & Other Equity Interests-99.84%** |
| **Beverages-18.14%** | **Beverages-18.14%** | **Beverages-18.14%** |
| Brown-Forman Corp., Class B<sup>(b)</sup> | 241965 | &nbsp;&nbsp; $6980690 |
| Coca-Cola Co. (The) | 92330 | &nbsp;&nbsp; 6268284 |
| Constellation Brands, Inc., Class A | 39361 | &nbsp;&nbsp; 6574862 |
| Keurig Dr Pepper, Inc. | 202491 | &nbsp;&nbsp; 6611331 |
| Molson Coors Beverage Co., Class B | 128566 | &nbsp;&nbsp; 6263736 |
| Monster Beverage Corp.<sup>(c)</sup> | 106323 | &nbsp;&nbsp; 6246476 |
| PepsiCo, Inc. | 51221 | &nbsp;&nbsp; 7064400 |
|  |  | &nbsp;&nbsp; 46009779 |
| **Consumer Staples Distribution & Retail-21.81%** | **Consumer Staples Distribution & Retail-21.81%** | **Consumer Staples Distribution & Retail-21.81%** |
| Costco Wholesale Corp. | 6674 | &nbsp;&nbsp; 6271157 |
| Dollar General Corp. | 59704 | &nbsp;&nbsp; 6262950 |
| Dollar Tree, Inc.<sup>(c)</sup> | 70619 | &nbsp;&nbsp; 8018788 |
| Kroger Co. (The) | 102969 | &nbsp;&nbsp; 7218127 |
| Sysco Corp. | 89024 | &nbsp;&nbsp; 7086310 |
| Target Corp. | 67812 | &nbsp;&nbsp; 6815106 |
| Walgreens Boots Alliance, Inc. | 586778 | &nbsp;&nbsp; 6830096 |
| Walmart, Inc. | 69458 | &nbsp;&nbsp; 6805495 |
|  |  | &nbsp;&nbsp; 55308029 |
| **Food Products-36.38%** | **Food Products-36.38%** | **Food Products-36.38%** |
| Archer-Daniels-Midland Co. | 136701 | &nbsp;&nbsp; 7406460 |
| Bunge Global S.A. | 88165 | &nbsp;&nbsp; 7032040 |
| Campbell's Co. (The)<sup>(b)</sup> | 199249 | &nbsp;&nbsp; 6360028 |
| Conagra Brands, Inc. | 297507 | &nbsp;&nbsp; 5432478 |
| General Mills, Inc. | 122710 | &nbsp;&nbsp; 6010336 |
| Hershey Co. (The) | 39598 | &nbsp;&nbsp; 7370376 |
| Hormel Foods Corp. | 215139 | &nbsp;&nbsp; 6043254 |
| J.M. Smucker Co. (The) | 69405 | &nbsp;&nbsp; 7449933 |
| Kellanova | 81539 | &nbsp;&nbsp; 6509258 |
| Kraft Heinz Co. (The) | 251868 | &nbsp;&nbsp; 6916295 |
| Lamb Weston Holdings, Inc. | 119324 | &nbsp;&nbsp; 6809821 |
| McCormick & Co., Inc. | 87990 | &nbsp;&nbsp; 6214734 |
| Mondelez International, Inc., Class A | 99390 | &nbsp;&nbsp; 6429539 |
| Tyson Foods, Inc., Class A | 120173 | &nbsp;&nbsp; 6285048 |
|  |  | &nbsp;&nbsp; 92269600 |
| **Household Products-12.37%** | **Household Products-12.37%** | **Household Products-12.37%** |
| Church & Dwight Co., Inc. | 67144 | &nbsp;&nbsp; 6296093 |
| Clorox Co. (The) | 52695 | &nbsp;&nbsp; 6616384 |
| Colgate-Palmolive Co. | 72240 | &nbsp;&nbsp; 6057324 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Household Products-(continued)** | **Household Products-(continued)** | **Household Products-(continued)** |
| Kimberly-Clark Corp. | 50089 | &nbsp;&nbsp; $6242091 |
| Procter & Gamble Co. (The) | 41046 | &nbsp;&nbsp; 6176192 |
|  |  | &nbsp;&nbsp; 31388084 |
| **Personal Care Products-6.08%** | **Personal Care Products-6.08%** | **Personal Care Products-6.08%** |
| Estee Lauder Cos., Inc. (The), Class A | 95214 | &nbsp;&nbsp; 8887275 |
| Kenvue, Inc. | 304567 | &nbsp;&nbsp; 6529916 |
|  |  | &nbsp;&nbsp; 15417191 |
| **Tobacco-5.06%** | **Tobacco-5.06%** | **Tobacco-5.06%** |
| Altria Group, Inc. | 111071 | &nbsp;&nbsp; 6879738 |
| Philip Morris International, Inc. | 36293 | &nbsp;&nbsp; 5953866 |
|  |  | &nbsp;&nbsp; 12833604 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $313,106,707) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $313,106,707) | &nbsp;&nbsp; 253226287 |
| **Money Market Funds-0.02%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $47,806)<br>| 47806 | &nbsp;&nbsp; 47806 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.86% <br>(Cost $313,154,513) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.86% <br>(Cost $313,154,513) | &nbsp;&nbsp; 253274093 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-5.39%** | **Money Market Funds-5.39%** | **Money Market Funds-5.39%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 3794447 | &nbsp;&nbsp; 3794447 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 9878337 | &nbsp;&nbsp; 9880313 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $13,674,760) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $13,674,760) | &nbsp;&nbsp; 13674760 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.25% <br>(Cost $326,829,273) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-105.25% <br>(Cost $326,829,273) | &nbsp;&nbsp; 266948853 |
| OTHER ASSETS LESS LIABILITIES-(5.25)% | OTHER ASSETS LESS LIABILITIES-(5.25)% | &nbsp;&nbsp; (13319409)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $253629444 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(c)</sup> | Non-income producing security. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $29276 | &nbsp;&nbsp;&nbsp; $2033035 | &nbsp;&nbsp;&nbsp; $(2014505)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $47806 | &nbsp;&nbsp;&nbsp; $1954 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Consumer Staples ETF (RSPS)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **April 30, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br>| **Realized**<br> **Gain**<br> **(Loss)**<br>| **Value**<br> **July 31, 2025**<br>| **Dividend Income** |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; $6166076 | &nbsp;&nbsp;&nbsp; $10725970 | &nbsp;&nbsp;&nbsp; $(13097599)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $3794447 | &nbsp;&nbsp;&nbsp; $36,343<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 15997189 | &nbsp;&nbsp;&nbsp; 23700676 | &nbsp;&nbsp;&nbsp; (29817553)<br>| &nbsp;&nbsp;&nbsp; 607 | &nbsp;&nbsp;&nbsp; (606)<br>| &nbsp;&nbsp;&nbsp; 9880313 | &nbsp;&nbsp;&nbsp; 99,197<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $22192541 | &nbsp;&nbsp;&nbsp; $36459681 | &nbsp;&nbsp;&nbsp; $(44929657)<br>| &nbsp;&nbsp;&nbsp; $607 | &nbsp;&nbsp;&nbsp; $(606)<br>| &nbsp;&nbsp;&nbsp; $13722566 | &nbsp;&nbsp;&nbsp; $137494 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Energy ETF (RSPG)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.83%** | **Common Stocks & Other Equity Interests-99.83%** | **Common Stocks & Other Equity Interests-99.83%** |
| **Energy Equipment & Services-14.75%** | **Energy Equipment & Services-14.75%** | **Energy Equipment & Services-14.75%** |
| Baker Hughes Co., Class A | 516705 | &nbsp;&nbsp; $23277560 |
| Halliburton Co. | 911244 | &nbsp;&nbsp; 20411866 |
| Schlumberger N.V. | 566560 | &nbsp;&nbsp; 19149728 |
|  |  | &nbsp;&nbsp; 62839154 |
| **Oil, Gas & Consumable Fuels-85.08%** | **Oil, Gas & Consumable Fuels-85.08%** | **Oil, Gas & Consumable Fuels-85.08%** |
| APA Corp. | 1031132 | &nbsp;&nbsp; 19890536 |
| Chevron Corp. | 139665 | &nbsp;&nbsp; 21178801 |
| ConocoPhillips | 216610 | &nbsp;&nbsp; 20651597 |
| Coterra Energy, Inc. | 784348 | &nbsp;&nbsp; 19130248 |
| Devon Energy Corp. | 586613 | &nbsp;&nbsp; 19487284 |
| Diamondback Energy, Inc. | 135782 | &nbsp;&nbsp; 20185352 |
| EOG Resources, Inc. | 168617 | &nbsp;&nbsp; 20237412 |
| EQT Corp. | 374663 | &nbsp;&nbsp; 20138136 |
| Exxon Mobil Corp. | 184982 | &nbsp;&nbsp; 20651391 |
| Kinder Morgan, Inc. | 734756 | &nbsp;&nbsp; 20617253 |
| Marathon Petroleum Corp. | 122802 | &nbsp;&nbsp; 20899672 |
| Occidental Petroleum Corp. | 450948 | &nbsp;&nbsp; 19814655 |
| ONEOK, Inc. | 243915 | &nbsp;&nbsp; 20027861 |
| Phillips 66 | 167180 | &nbsp;&nbsp; 20660105 |
| Targa Resources Corp. | 119100 | &nbsp;&nbsp; 19819431 |
| Texas Pacific Land Corp.<sup>(b)</sup> | 18382 | &nbsp;&nbsp; 17796166 |
| Valero Energy Corp. | 150833 | &nbsp;&nbsp; 20710879 |
| Williams Cos., Inc. (The) | 340298 | &nbsp;&nbsp; 20400865 |
|  |  | &nbsp;&nbsp; 362297644 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $433,319,753) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $433,319,753) | &nbsp;&nbsp; 425136798 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Money Market Funds-0.02%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(c)(d)</sup> <br>(Cost $108,700)<br>| 108700 | &nbsp;&nbsp; $108700 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.85% <br>(Cost $433,428,453) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.85% <br>(Cost $433,428,453) | &nbsp;&nbsp; 425245498 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-0.26%** | **Money Market Funds-0.26%** | **Money Market Funds-0.26%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(c)(d)(e)</sup><br>| 302282 | &nbsp;&nbsp; 302282 |
| Invesco Private Prime Fund, 4.46%<sup>(c)(d)(e)</sup> | 787047 | &nbsp;&nbsp; 787204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $1,089,494) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $1,089,494) | &nbsp;&nbsp; 1089486 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.11% <br>(Cost $434,517,947) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.11% <br>(Cost $434,517,947) | &nbsp;&nbsp; 426334984 |
| OTHER ASSETS LESS LIABILITIES-(0.11)% | OTHER ASSETS LESS LIABILITIES-(0.11)% | &nbsp;&nbsp; (485541)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $425849443 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(c)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $164089 | &nbsp;&nbsp;&nbsp; $4316300 | &nbsp;&nbsp;&nbsp; $(4371689)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $108700 | &nbsp;&nbsp;&nbsp; $2518 |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 5780543 | &nbsp;&nbsp;&nbsp; 2188985 | &nbsp;&nbsp;&nbsp; (7667246)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 302282 | &nbsp;&nbsp;&nbsp; 32,807<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 15049714 | &nbsp;&nbsp;&nbsp; 5596356 | &nbsp;&nbsp;&nbsp; (19858858)<br>| &nbsp;&nbsp;&nbsp; 1044 | &nbsp;&nbsp;&nbsp; (1052)<br>| &nbsp;&nbsp;&nbsp; 787204 | &nbsp;&nbsp;&nbsp; 88,015<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $20994346 | &nbsp;&nbsp;&nbsp; $12101641 | &nbsp;&nbsp;&nbsp; $(31897793)<br>| &nbsp;&nbsp;&nbsp; $1044 | &nbsp;&nbsp;&nbsp; $(1052)<br>| &nbsp;&nbsp;&nbsp; $1198186 | &nbsp;&nbsp;&nbsp; $123340 |

---

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

\* 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.

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

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(e)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Financials ETF (RSPF)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.96%**<sup>(a)</sup>  | **Common Stocks & Other Equity Interests-99.96%**<sup>(a)</sup>  | **Common Stocks & Other Equity Interests-99.96%**<sup>(a)</sup>  |
| **Banks-18.25%** | **Banks-18.25%** | **Banks-18.25%** |
| Bank of America Corp. | 92718 | &nbsp;&nbsp; $4382780 |
| Citigroup, Inc. | 52912 | &nbsp;&nbsp; 4957854 |
| Citizens Financial Group, Inc. | 100175 | &nbsp;&nbsp; 4780351 |
| Fifth Third Bancorp | 105960 | &nbsp;&nbsp; 4404757 |
| Huntington Bancshares, Inc. | 257754 | &nbsp;&nbsp; 4234898 |
| JPMorgan Chase & Co. | 15466 | &nbsp;&nbsp; 4581648 |
| KeyCorp | 255531 | &nbsp;&nbsp; 4579116 |
| M&T Bank Corp. | 22475 | &nbsp;&nbsp; 4241032 |
| PNC Financial Services Group, Inc. (The) | 23333 | &nbsp;&nbsp; 4439570 |
| Regions Financial Corp. | 186059 | &nbsp;&nbsp; 4712874 |
| Truist Financial Corp. | 103012 | &nbsp;&nbsp; 4502655 |
| U.S. Bancorp | 93830 | &nbsp;&nbsp; 4218597 |
| Wells Fargo & Co. | 55349 | &nbsp;&nbsp; 4462790 |
|  |  | &nbsp;&nbsp; 58498922 |
| **Capital Markets-34.64%** | **Capital Markets-34.64%** | **Capital Markets-34.64%** |
| Ameriprise Financial, Inc. | 8043 | &nbsp;&nbsp; 4167802 |
| Bank of New York Mellon Corp. (The) | 46307 | &nbsp;&nbsp; 4697845 |
| BlackRock, Inc. | 4175 | &nbsp;&nbsp; 4617592 |
| Blackstone, Inc., Class A | 29332 | &nbsp;&nbsp; 5073263 |
| Cboe Global Markets, Inc. | 18607 | &nbsp;&nbsp; 4485031 |
| Charles Schwab Corp. (The) | 46915 | &nbsp;&nbsp; 4585003 |
| CME Group, Inc., Class A | 15380 | &nbsp;&nbsp; 4279946 |
| Coinbase Global, Inc., Class A<sup>(b)</sup> | 16544 | &nbsp;&nbsp; 6249661 |
| FactSet Research Systems, Inc. | 9796 | &nbsp;&nbsp; 3946808 |
| Franklin Resources, Inc. | 183996 | &nbsp;&nbsp; 4415904 |
| Goldman Sachs Group, Inc. (The) | 6644 | &nbsp;&nbsp; 4807532 |
| Intercontinental Exchange, Inc. | 23365 | &nbsp;&nbsp; 4318553 |
| Invesco Ltd.<sup>(c)</sup> | 275200 | &nbsp;&nbsp; 5781952 |
| KKR & Co., Inc., Class A | 32915 | &nbsp;&nbsp; 4824681 |
| MarketAxess Holdings, Inc. | 18431 | &nbsp;&nbsp; 3787571 |
| Moody's Corp. | 8577 | &nbsp;&nbsp; 4423416 |
| Morgan Stanley | 31464 | &nbsp;&nbsp; 4482361 |
| MSCI, Inc. | 7480 | &nbsp;&nbsp; 4198973 |
| Nasdaq, Inc. | 47785 | &nbsp;&nbsp; 4597873 |
| Northern Trust Corp. | 38245 | &nbsp;&nbsp; 4971850 |
| Raymond James Financial, Inc. | 28073 | &nbsp;&nbsp; 4691841 |
| S&P Global, Inc. | 8069 | &nbsp;&nbsp; 4446826 |
| State Street Corp. | 42623 | &nbsp;&nbsp; 4763120 |
| T. Rowe Price Group, Inc. | 43610 | &nbsp;&nbsp; 4424235 |
|  |  | &nbsp;&nbsp; 111039639 |
| **Consumer Finance-4.14%** | **Consumer Finance-4.14%** | **Consumer Finance-4.14%** |
| American Express Co. | 13866 | &nbsp;&nbsp; 4150232 |
| Capital One Financial Corp. | 20682 | &nbsp;&nbsp; 4446630 |
| Synchrony Financial | 67119 | &nbsp;&nbsp; 4676181 |
|  |  | &nbsp;&nbsp; 13273043 |
| **Financial Services-13.68%** | **Financial Services-13.68%** | **Financial Services-13.68%** |
| Apollo Global Management, Inc. | 30046 | &nbsp;&nbsp; 4366285 |
| Berkshire Hathaway, Inc., Class B<sup>(b)</sup> | 8496 | &nbsp;&nbsp; 4009092 |
| Block, Inc., Class A<sup>(b)</sup> | 57242 | &nbsp;&nbsp; 4422517 |
| Corpay, Inc.<sup>(b)</sup> | 11892 | &nbsp;&nbsp; 3841711 |
| Fidelity National Information Services, Inc. | 51163 | &nbsp;&nbsp; 4062854 |
| Fiserv, Inc.<sup>(b)</sup> | 24676 | &nbsp;&nbsp; 3428483 |
| Global Payments, Inc. | 52082 | &nbsp;&nbsp; 4163956 |
| Jack Henry & Associates, Inc. | 23067 | &nbsp;&nbsp; 3917123 |
| Mastercard, Inc., Class A | 7020 | &nbsp;&nbsp; 3976619 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financial Services-(continued)** | **Financial Services-(continued)** | **Financial Services-(continued)** |
| PayPal Holdings, Inc.<sup>(b)</sup> | 55586 | &nbsp;&nbsp; $3822093 |
| Visa, Inc., Class A | 11109 | &nbsp;&nbsp; 3837826 |
|  |  | &nbsp;&nbsp; 43848559 |
| **Insurance-29.25%** | **Insurance-29.25%** | **Insurance-29.25%** |
| Aflac, Inc. | 40920 | &nbsp;&nbsp; 4065811 |
| Allstate Corp. (The) | 21140 | &nbsp;&nbsp; 4296705 |
| American International Group, Inc. | 49138 | &nbsp;&nbsp; 3814583 |
| Aon PLC, Class A | 11867 | &nbsp;&nbsp; 4221211 |
| Arch Capital Group Ltd. | 46395 | &nbsp;&nbsp; 3992754 |
| Arthur J. Gallagher & Co. | 13253 | &nbsp;&nbsp; 3806924 |
| Assurant, Inc. | 21101 | &nbsp;&nbsp; 3952217 |
| Brown & Brown, Inc. | 39694 | &nbsp;&nbsp; 3626841 |
| Chubb Ltd. | 14521 | &nbsp;&nbsp; 3863167 |
| Cincinnati Financial Corp. | 28215 | &nbsp;&nbsp; 4161995 |
| Erie Indemnity Co., Class A<sup>(d)</sup> | 11625 | &nbsp;&nbsp; 4141290 |
| Everest Group Ltd. | 12369 | &nbsp;&nbsp; 4153510 |
| Globe Life, Inc. | 34624 | &nbsp;&nbsp; 4863633 |
| Hartford Insurance Group, Inc. (The) | 33346 | &nbsp;&nbsp; 4147909 |
| Loews Corp. | 46835 | &nbsp;&nbsp; 4240441 |
| Marsh & McLennan Cos., Inc. | 19086 | &nbsp;&nbsp; 3801931 |
| MetLife, Inc. | 52557 | &nbsp;&nbsp; 3991704 |
| Principal Financial Group, Inc. | 54220 | &nbsp;&nbsp; 4219943 |
| Progressive Corp. (The) | 15756 | &nbsp;&nbsp; 3813582 |
| Prudential Financial, Inc. | 39645 | &nbsp;&nbsp; 4106429 |
| Travelers Cos., Inc. (The) | 15873 | &nbsp;&nbsp; 4130789 |
| W.R. Berkley Corp. | 57291 | &nbsp;&nbsp; 3942194 |
| Willis Towers Watson PLC | 14013 | &nbsp;&nbsp; 4425446 |
|  |  | &nbsp;&nbsp; 93781009 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $258,161,267) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $258,161,267) | &nbsp;&nbsp; 320441172 |
| **Money Market Funds-0.02%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(c)(e)</sup> <br>(Cost $50,687)<br>| 50687 | &nbsp;&nbsp; 50687 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.98% <br>(Cost $258,211,954) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.98% <br>(Cost $258,211,954) | &nbsp;&nbsp; 320491859 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-0.00%** | **Money Market Funds-0.00%** | **Money Market Funds-0.00%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(c)(e)(f)</sup><br>| 2766 | &nbsp;&nbsp; 2766 |
| Invesco Private Prime Fund, 4.46%<sup>(c)(e)(f)</sup> | 6246 | &nbsp;&nbsp; 6247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $9,013) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $9,013) | &nbsp;&nbsp; 9013 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-99.98% <br>(Cost $258,220,967) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-99.98% <br>(Cost $258,220,967) | &nbsp;&nbsp; 320500872 |
| OTHER ASSETS LESS LIABILITIES-0.02% | OTHER ASSETS LESS LIABILITIES-0.02% | &nbsp;&nbsp; 63631 |
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $320564503 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Financials ETF (RSPF)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| &nbsp;&nbsp; Invesco Ltd. | &nbsp;&nbsp;&nbsp; $3717095 | &nbsp;&nbsp;&nbsp; $283741 | &nbsp;&nbsp;&nbsp; $(170274)<br>| &nbsp;&nbsp;&nbsp; $1974223 | &nbsp;&nbsp;&nbsp; $(22833)<br>| &nbsp;&nbsp;&nbsp; $5781952 | &nbsp;&nbsp;&nbsp; $55905 |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; 157209 | &nbsp;&nbsp;&nbsp; 1400208 | &nbsp;&nbsp;&nbsp; (1506730)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 50687 | &nbsp;&nbsp;&nbsp; 2175 |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; 2814765 | &nbsp;&nbsp;&nbsp; 18232635 | &nbsp;&nbsp;&nbsp; (21044634)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 2766 | &nbsp;&nbsp;&nbsp; 15,411<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 7363982 | &nbsp;&nbsp;&nbsp; 49951283 | &nbsp;&nbsp;&nbsp; (57309018)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 6247 | &nbsp;&nbsp;&nbsp; 41,294<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $14053051 | &nbsp;&nbsp;&nbsp; $69867867 | &nbsp;&nbsp;&nbsp; $(80030656)<br>| &nbsp;&nbsp;&nbsp; $1974223 | &nbsp;&nbsp;&nbsp; $(22833)<br>| &nbsp;&nbsp;&nbsp; $5841652 | &nbsp;&nbsp;&nbsp; $114785 |

---

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

\* 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.

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

<sup>(d)</sup> All or a portion of this security was out on loan at July 31, 2025.

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025.

<sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Health Care ETF (RSPH)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.88%** | **Common Stocks & Other Equity Interests-99.88%** | **Common Stocks & Other Equity Interests-99.88%** |
| **Biotechnology-14.21%** | **Biotechnology-14.21%** | **Biotechnology-14.21%** |
| AbbVie, Inc. | 61760 | &nbsp;&nbsp; $11673875 |
| Amgen, Inc. | 40478 | &nbsp;&nbsp; 11945058 |
| Biogen, Inc.<sup>(b)</sup> | 88883 | &nbsp;&nbsp; 11377024 |
| Gilead Sciences, Inc. | 108189 | &nbsp;&nbsp; 12148543 |
| Incyte Corp.<sup>(b)</sup> | 171739 | &nbsp;&nbsp; 12861534 |
| Moderna, Inc.<sup>(b)(c)</sup> | 426070 | &nbsp;&nbsp; 12594629 |
| Regeneron Pharmaceuticals, Inc. | 22826 | &nbsp;&nbsp; 12450670 |
| Vertex Pharmaceuticals, Inc.<sup>(b)</sup> | 26104 | &nbsp;&nbsp; 11926134 |
|  |  | &nbsp;&nbsp; 96977467 |
| **Health Care Equipment & Supplies-31.76%**  | **Health Care Equipment & Supplies-31.76%**  | **Health Care Equipment & Supplies-31.76%**  |
| Abbott Laboratories | 87373 | &nbsp;&nbsp; 11025599 |
| Align Technology, Inc.<sup>(b)</sup> | 63748 | &nbsp;&nbsp; 8224129 |
| Baxter International, Inc. | 376523 | &nbsp;&nbsp; 8193140 |
| Becton, Dickinson and Co. | 68450 | &nbsp;&nbsp; 12201212 |
| Boston Scientific Corp.<sup>(b)</sup> | 118911 | &nbsp;&nbsp; 12476142 |
| Cooper Cos., Inc. (The)<sup>(b)</sup> | 165514 | &nbsp;&nbsp; 11700185 |
| DexCom, Inc.<sup>(b)</sup> | 142484 | &nbsp;&nbsp; 11508433 |
| Edwards Lifesciences Corp.<sup>(b)</sup> | 156662 | &nbsp;&nbsp; 12424863 |
| GE HealthCare Technologies, Inc. | 161063 | &nbsp;&nbsp; 11487013 |
| Hologic, Inc.<sup>(b)</sup> | 183062 | &nbsp;&nbsp; 12232203 |
| IDEXX Laboratories, Inc.<sup>(b)</sup> | 22574 | &nbsp;&nbsp; 12061514 |
| Insulet Corp.<sup>(b)</sup> | 39117 | &nbsp;&nbsp; 11281343 |
| Intuitive Surgical, Inc.<sup>(b)</sup> | 22654 | &nbsp;&nbsp; 10898613 |
| Medtronic PLC | 134251 | &nbsp;&nbsp; 12114810 |
| ResMed, Inc. | 47056 | &nbsp;&nbsp; 12796409 |
| Solventum Corp.<sup>(b)</sup> | 158886 | &nbsp;&nbsp; 11338105 |
| STERIS PLC | 49118 | &nbsp;&nbsp; 11124736 |
| Stryker Corp. | 30997 | &nbsp;&nbsp; 12173452 |
| Zimmer Biomet Holdings, Inc. | 125481 | &nbsp;&nbsp; 11500334 |
|  |  | &nbsp;&nbsp; 216762235 |
| **Health Care Providers & Services-24.69%** | **Health Care Providers & Services-24.69%** | **Health Care Providers & Services-24.69%** |
| Cardinal Health, Inc. | 77015 | &nbsp;&nbsp; 11954268 |
| Cencora, Inc. | 41235 | &nbsp;&nbsp; 11796509 |
| Centene Corp.<sup>(b)</sup> | 213941 | &nbsp;&nbsp; 5577442 |
| Cigna Group (The) | 38078 | &nbsp;&nbsp; 10181296 |
| CVS Health Corp. | 179860 | &nbsp;&nbsp; 11169306 |
| DaVita, Inc.<sup>(b)</sup> | 85567 | &nbsp;&nbsp; 12011040 |
| Elevance Health, Inc. | 31010 | &nbsp;&nbsp; 8778311 |
| HCA Healthcare, Inc. | 32177 | &nbsp;&nbsp; 11390336 |
| Henry Schein, Inc.<sup>(b)(c)</sup> | 166188 | &nbsp;&nbsp; 11242618 |
| Humana, Inc. | 51006 | &nbsp;&nbsp; 12744869 |
| Labcorp Holdings, Inc. | 45446 | &nbsp;&nbsp; 11819596 |
| McKesson Corp. | 16449 | &nbsp;&nbsp; 11408039 |
| Molina Healthcare, Inc.<sup>(b)</sup> | 40165 | &nbsp;&nbsp; 6340848 |
| Quest Diagnostics, Inc. | 66831 | &nbsp;&nbsp; 11188178 |
| UnitedHealth Group, Inc. | 38032 | &nbsp;&nbsp; 9491266 |
| Universal Health Services, Inc., Class B | 68627 | &nbsp;&nbsp; 11422964 |
|  |  | &nbsp;&nbsp; 168516886 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Life Sciences Tools & Services-17.76%** | **Life Sciences Tools & Services-17.76%** | **Life Sciences Tools & Services-17.76%** |
| Agilent Technologies, Inc. | 98788 | &nbsp;&nbsp; $11341850 |
| Bio-Techne Corp. | 229376 | &nbsp;&nbsp; 12553748 |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International, <br> Inc.<sup>(b)</sup><br>| 78240 | &nbsp;&nbsp; 13272634 |
| Danaher Corp. | 57718 | &nbsp;&nbsp; 11379681 |
| IQVIA Holdings, Inc.<sup>(b)</sup> | 74476 | &nbsp;&nbsp; 13842109 |
| Mettler-Toledo International, Inc.<sup>(b)</sup> | 9915 | &nbsp;&nbsp; 12231937 |
| Revvity, Inc.<sup>(c)</sup> | 123094 | &nbsp;&nbsp; 10819963 |
| Thermo Fisher Scientific, Inc. | 28448 | &nbsp;&nbsp; 13304561 |
| Waters Corp.<sup>(b)</sup> | 34163 | &nbsp;&nbsp; 9864908 |
| West Pharmaceutical Services, Inc. | 52742 | &nbsp;&nbsp; 12619051 |
|  |  | &nbsp;&nbsp; 121230442 |
| **Pharmaceuticals-11.46%** | **Pharmaceuticals-11.46%** | **Pharmaceuticals-11.46%** |
| Bristol-Myers Squibb Co. | 235737 | &nbsp;&nbsp; 10209770 |
| Eli Lilly and Co. | 14619 | &nbsp;&nbsp; 10819083 |
| Johnson & Johnson | 76161 | &nbsp;&nbsp; 12546763 |
| Merck & Co., Inc. | 147214 | &nbsp;&nbsp; 11500358 |
| Pfizer, Inc. | 482917 | &nbsp;&nbsp; 11247137 |
| Viatris, Inc. | 1316614 | &nbsp;&nbsp; 11507206 |
| Zoetis, Inc. | 71087 | &nbsp;&nbsp; 10363774 |
|  |  | &nbsp;&nbsp; 78194091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $677,563,219) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $677,563,219) | &nbsp;&nbsp; 681681121 |
| **Money Market Funds-0.05%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $337,655)<br>| 337655 | &nbsp;&nbsp; 337655 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.93% <br>(Cost $677,900,874) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.93% <br>(Cost $677,900,874) | &nbsp;&nbsp; 682018776 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-1.71%** | **Money Market Funds-1.71%** | **Money Market Funds-1.71%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 3232201 | &nbsp;&nbsp; 3232201 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 8418262 | &nbsp;&nbsp; 8419946 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $11,652,161) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $11,652,161) | &nbsp;&nbsp; 11652147 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.64% <br>(Cost $689,553,035) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.64% <br>(Cost $689,553,035) | &nbsp;&nbsp; 693670923 |
| OTHER ASSETS LESS LIABILITIES-(1.64)% | OTHER ASSETS LESS LIABILITIES-(1.64)% | &nbsp;&nbsp; (11199781)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $682471142 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Health Care ETF (RSPH)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $131946 | &nbsp;&nbsp;&nbsp; $1887895 | &nbsp;&nbsp;&nbsp; $(1682186)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $337655 | &nbsp;&nbsp;&nbsp; $4500 |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 6536937 | &nbsp;&nbsp;&nbsp; 12280459 | &nbsp;&nbsp;&nbsp; (15585195)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 3232201 | &nbsp;&nbsp;&nbsp; 66,259<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 16935811 | &nbsp;&nbsp;&nbsp; 30626250 | &nbsp;&nbsp;&nbsp; (39142101)<br>| &nbsp;&nbsp;&nbsp; 498 | &nbsp;&nbsp;&nbsp; (512)<br>| &nbsp;&nbsp;&nbsp; 8419946 | &nbsp;&nbsp;&nbsp; 178,383<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $23604694 | &nbsp;&nbsp;&nbsp; $44794604 | &nbsp;&nbsp;&nbsp; $(56409482)<br>| &nbsp;&nbsp;&nbsp; $498 | &nbsp;&nbsp;&nbsp; $(512)<br>| &nbsp;&nbsp;&nbsp; $11989802 | &nbsp;&nbsp;&nbsp; $249142 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Industrials ETF (RSPN)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** | **Common Stocks & Other Equity Interests-99.94%** |
| **Aerospace & Defense-15.88%** | **Aerospace & Defense-15.88%** | **Aerospace & Defense-15.88%** |
| Axon Enterprise, Inc.<sup>(b)</sup> | 10511 | &nbsp;&nbsp; $7940955 |
| Boeing Co. (The)<sup>(b)</sup> | 38218 | &nbsp;&nbsp; 8478281 |
| General Dynamics Corp. | 29635 | &nbsp;&nbsp; 9234562 |
| General Electric Co. | 33299 | &nbsp;&nbsp; 9026693 |
| Howmet Aerospace, Inc. | 47811 | &nbsp;&nbsp; 8594984 |
| Huntington Ingalls Industries, Inc. | 36148 | &nbsp;&nbsp; 10080231 |
| L3Harris Technologies, Inc. | 33188 | &nbsp;&nbsp; 9120726 |
| Lockheed Martin Corp. | 17912 | &nbsp;&nbsp; 7540594 |
| Northrop Grumman Corp. | 16744 | &nbsp;&nbsp; 9654758 |
| RTX Corp. | 57673 | &nbsp;&nbsp; 9087535 |
| Textron, Inc. | 106286 | &nbsp;&nbsp; 8265862 |
| TransDigm Group, Inc. | 5722 | &nbsp;&nbsp; 9203608 |
|  |  | &nbsp;&nbsp; 106228789 |
| **Air Freight & Logistics-4.99%** | **Air Freight & Logistics-4.99%** | **Air Freight & Logistics-4.99%** |
| C.H. Robinson Worldwide, Inc. | 86470 | &nbsp;&nbsp; 9971720 |
| Expeditors International of Washington, Inc. | 71459 | &nbsp;&nbsp; 8306394 |
| FedEx Corp. | 36510 | &nbsp;&nbsp; 8159620 |
| United Parcel Service, Inc., Class B | 80847 | &nbsp;&nbsp; 6965778 |
|  |  | &nbsp;&nbsp; 33403512 |
| **Building Products-10.47%** | **Building Products-10.47%** | **Building Products-10.47%** |
| A.O. Smith Corp. | 124995 | &nbsp;&nbsp; 8848396 |
| Allegion PLC | 59175 | &nbsp;&nbsp; 9818316 |
| Builders FirstSource, Inc.<sup>(b)</sup> | 71337 | &nbsp;&nbsp; 9069073 |
| Carrier Global Corp. | 112837 | &nbsp;&nbsp; 7742875 |
| Johnson Controls International PLC | 79256 | &nbsp;&nbsp; 8321880 |
| Lennox International, Inc. | 14839 | &nbsp;&nbsp; 9036951 |
| Masco Corp. | 128069 | &nbsp;&nbsp; 8725341 |
| Trane Technologies PLC | 19356 | &nbsp;&nbsp; 8479476 |
|  |  | &nbsp;&nbsp; 70042308 |
| **Commercial Services & Supplies-7.19%** | **Commercial Services & Supplies-7.19%** | **Commercial Services & Supplies-7.19%** |
| Cintas Corp. | 36914 | &nbsp;&nbsp; 8215211 |
| Copart, Inc.<sup>(b)</sup> | 161950 | &nbsp;&nbsp; 7341194 |
| Republic Services, Inc. | 32945 | &nbsp;&nbsp; 7598764 |
| Rollins, Inc. | 143505 | &nbsp;&nbsp; 8218531 |
| Veralto Corp. | 83086 | &nbsp;&nbsp; 8709905 |
| Waste Management, Inc. | 34908 | &nbsp;&nbsp; 7999517 |
|  |  | &nbsp;&nbsp; 48083122 |
| **Construction & Engineering-1.39%** | **Construction & Engineering-1.39%** | **Construction & Engineering-1.39%** |
| Quanta Services, Inc. | 22938 | &nbsp;&nbsp; 9315810 |
| **Electrical Equipment-10.30%** | **Electrical Equipment-10.30%** | **Electrical Equipment-10.30%** |
| AMETEK, Inc. | 45209 | &nbsp;&nbsp; 8356884 |
| Eaton Corp. PLC | 25101 | &nbsp;&nbsp; 9656857 |
| Emerson Electric Co. | 64633 | &nbsp;&nbsp; 9404748 |
| GE Vernova, Inc. | 16881 | &nbsp;&nbsp; 11146355 |
| Generac Holdings, Inc.<sup>(b)</sup> | 62877 | &nbsp;&nbsp; 12241523 |
| Hubbell, Inc. | 21015 | &nbsp;&nbsp; 9193642 |
| Rockwell Automation, Inc. | 25190 | &nbsp;&nbsp; 8859575 |
|  |  | &nbsp;&nbsp; 68859584 |
| **Ground Transportation-7.51%** | **Ground Transportation-7.51%** | **Ground Transportation-7.51%** |
| CSX Corp. | 253046 | &nbsp;&nbsp; 8993255 |
| J.B. Hunt Transport Services, Inc. | 58045 | &nbsp;&nbsp; 8361382 |
| Norfolk Southern Corp. | 32526 | &nbsp;&nbsp; 9042228 |
| Old Dominion Freight Line, Inc. | 50451 | &nbsp;&nbsp; 7529812 |
| Uber Technologies, Inc.<sup>(b)</sup> | 94285 | &nbsp;&nbsp; 8273509 |
| Union Pacific Corp. | 36233 | &nbsp;&nbsp; 8042639 |
|  |  | &nbsp;&nbsp; 50242825 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrial Conglomerates-2.44%** | **Industrial Conglomerates-2.44%** | **Industrial Conglomerates-2.44%** |
| 3M Co. | 55568 | &nbsp;&nbsp; $8291857 |
| Honeywell International, Inc. | 36217 | &nbsp;&nbsp; 8052850 |
|  |  | &nbsp;&nbsp; 16344707 |
| **Machinery-21.16%** | **Machinery-21.16%** | **Machinery-21.16%** |
| Caterpillar, Inc. | 22511 | &nbsp;&nbsp; 9860268 |
| Cummins, Inc. | 25275 | &nbsp;&nbsp; 9291595 |
| Deere & Co. | 15712 | &nbsp;&nbsp; 8238901 |
| Dover Corp. | 45655 | &nbsp;&nbsp; 8269947 |
| Fortive Corp. | 150150 | &nbsp;&nbsp; 7196690 |
| IDEX Corp. | 44650 | &nbsp;&nbsp; 7300722 |
| Illinois Tool Works, Inc. | 33161 | &nbsp;&nbsp; 8488221 |
| Ingersoll Rand, Inc. | 98298 | &nbsp;&nbsp; 8318960 |
| Nordson Corp. | 37297 | &nbsp;&nbsp; 7989390 |
| Otis Worldwide Corp. | 85729 | &nbsp;&nbsp; 7346118 |
| PACCAR, Inc. | 87116 | &nbsp;&nbsp; 8603576 |
| Parker-Hannifin Corp. | 12175 | &nbsp;&nbsp; 8910883 |
| Pentair PLC | 82241 | &nbsp;&nbsp; 8405030 |
| Snap-on, Inc. | 25500 | &nbsp;&nbsp; 8190345 |
| Stanley Black & Decker, Inc. | 120041 | &nbsp;&nbsp; 8120774 |
| Wabtec Corp. | 40082 | &nbsp;&nbsp; 7697748 |
| Xylem, Inc. | 64387 | &nbsp;&nbsp; 9311648 |
|  |  | &nbsp;&nbsp; 141540816 |
| **Passenger Airlines-3.83%** | **Passenger Airlines-3.83%** | **Passenger Airlines-3.83%** |
| Delta Air Lines, Inc. | 166329 | &nbsp;&nbsp; 8850366 |
| Southwest Airlines Co. | 244204 | &nbsp;&nbsp; 7553230 |
| United Airlines Holdings, Inc.<sup>(b)</sup> | 104012 | &nbsp;&nbsp; 9185299 |
|  |  | &nbsp;&nbsp; 25588895 |
| **Professional Services-10.78%** | **Professional Services-10.78%** | **Professional Services-10.78%** |
| Automatic Data Processing, Inc. | 26183 | &nbsp;&nbsp; 8103639 |
| Broadridge Financial Solutions, Inc. | 33910 | &nbsp;&nbsp; 8393064 |
| Dayforce, Inc.<sup>(b)(c)</sup> | 134845 | &nbsp;&nbsp; 7776511 |
| Equifax, Inc. | 30124 | &nbsp;&nbsp; 7236689 |
| Jacobs Solutions, Inc. | 64366 | &nbsp;&nbsp; 9131604 |
| Leidos Holdings, Inc. | 56026 | &nbsp;&nbsp; 8944551 |
| Paychex, Inc. | 53092 | &nbsp;&nbsp; 7662768 |
| Paycom Software, Inc. | 32480 | &nbsp;&nbsp; 7520419 |
| Verisk Analytics, Inc. | 26257 | &nbsp;&nbsp; 7318089 |
|  |  | &nbsp;&nbsp; 72087334 |
| **Trading Companies & Distributors-4.00%** | **Trading Companies & Distributors-4.00%** | **Trading Companies & Distributors-4.00%** |
| Fastenal Co. | 191756 | &nbsp;&nbsp; 8845704 |
| United Rentals, Inc. | 11335 | &nbsp;&nbsp; 10008125 |
| W.W. Grainger, Inc. | 7581 | &nbsp;&nbsp; 7880753 |
|  |  | &nbsp;&nbsp; 26734582 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $558,674,940) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $558,674,940) | &nbsp;&nbsp; 668472284 |
| **Money Market Funds-0.04%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $274,905)<br>| 274905 | &nbsp;&nbsp; 274905 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.98% <br>(Cost $558,949,845) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.98% <br>(Cost $558,949,845) | &nbsp;&nbsp; 668747189 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Industrials ETF (RSPN)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-0.64%** | **Money Market Funds-0.64%** | **Money Market Funds-0.64%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 1179735 | &nbsp;&nbsp; $1179735 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 3067237 | &nbsp;&nbsp; 3067850 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $4,247,585) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $4,247,585) | &nbsp;&nbsp; 4247585 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.62% <br>(Cost $563,197,430) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.62% <br>(Cost $563,197,430) | &nbsp;&nbsp; 672994774 |
| OTHER ASSETS LESS LIABILITIES-(0.62)% | OTHER ASSETS LESS LIABILITIES-(0.62)% | &nbsp;&nbsp; (4139136)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $668855638 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $291867 | &nbsp;&nbsp;&nbsp; $2278113 | &nbsp;&nbsp;&nbsp; $(2295075)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $274905 | &nbsp;&nbsp;&nbsp; $5456 |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; 3556521 | &nbsp;&nbsp;&nbsp; 8743992 | &nbsp;&nbsp;&nbsp; (11120778)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 1179735 | &nbsp;&nbsp;&nbsp; 31,468<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 9250913 | &nbsp;&nbsp;&nbsp; 23322173 | &nbsp;&nbsp;&nbsp; (29505230)<br>| &nbsp;&nbsp;&nbsp; 85 | &nbsp;&nbsp;&nbsp; (91)<br>| &nbsp;&nbsp;&nbsp; 3067850 | &nbsp;&nbsp;&nbsp; 84,240<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $13099301 | &nbsp;&nbsp;&nbsp; $34344278 | &nbsp;&nbsp;&nbsp; $(42921083)<br>| &nbsp;&nbsp;&nbsp; $85 | &nbsp;&nbsp;&nbsp; $(91)<br>| &nbsp;&nbsp;&nbsp; $4522490 | &nbsp;&nbsp;&nbsp; $121164 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Materials ETF (RSPM)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** |
| **Chemicals-51.83%** | **Chemicals-51.83%** | **Chemicals-51.83%** |
| Air Products and Chemicals, Inc. | 22312 | &nbsp;&nbsp; $6423179 |
| Albemarle Corp.<sup>(b)</sup> | 96735 | &nbsp;&nbsp; 6563470 |
| CF Industries Holdings, Inc. | 66104 | &nbsp;&nbsp; 6136434 |
| Corteva, Inc. | 87345 | &nbsp;&nbsp; 6300195 |
| Dow, Inc.<sup>(b)</sup> | 205190 | &nbsp;&nbsp; 4778875 |
| DuPont de Nemours, Inc. | 90714 | &nbsp;&nbsp; 6522337 |
| Eastman Chemical Co. | 78656 | &nbsp;&nbsp; 5711212 |
| Ecolab, Inc. | 23491 | &nbsp;&nbsp; 6149004 |
| International Flavors & Fragrances, Inc. | 80366 | &nbsp;&nbsp; 5708397 |
| Linde PLC | 13432 | &nbsp;&nbsp; 6182212 |
| LyondellBasell Industries N.V., Class A | 102995 | &nbsp;&nbsp; 5966500 |
| Mosaic Co. (The) | 181684 | &nbsp;&nbsp; 6542441 |
| PPG Industries, Inc. | 55702 | &nbsp;&nbsp; 5876561 |
| Sherwin-Williams Co. (The) | 17628 | &nbsp;&nbsp; 5832753 |
|  |  | &nbsp;&nbsp; 84693570 |
| **Construction Materials-8.11%** | **Construction Materials-8.11%** | **Construction Materials-8.11%** |
| Martin Marietta Materials, Inc. | 11532 | &nbsp;&nbsp; 6629516 |
| Vulcan Materials Co. | 24108 | &nbsp;&nbsp; 6621744 |
|  |  | &nbsp;&nbsp; 13251260 |
| **Containers & Packaging-23.22%** | **Containers & Packaging-23.22%** | **Containers & Packaging-23.22%** |
| Amcor PLC | 687259 | &nbsp;&nbsp; 6425872 |
| Avery Dennison Corp.<sup>(b)</sup> | 35491 | &nbsp;&nbsp; 5954325 |
| Ball Corp. | 114603 | &nbsp;&nbsp; 6562168 |
| International Paper Co.<sup>(b)</sup> | 133712 | &nbsp;&nbsp; 6249699 |
| Packaging Corp. of America | 32580 | &nbsp;&nbsp; 6312375 |
| Smurfit WestRock PLC | 145091 | &nbsp;&nbsp; 6439138 |
|  |  | &nbsp;&nbsp; 37943577 |
| **Metals & Mining-16.75%** | **Metals & Mining-16.75%** | **Metals & Mining-16.75%** |
| Freeport-McMoRan, Inc. | 153508 | &nbsp;&nbsp; 6177162 |
| Newmont Corp.<sup>(b)</sup> | 118085 | &nbsp;&nbsp; 7333078 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Metals & Mining-(continued)** | **Metals & Mining-(continued)** | **Metals & Mining-(continued)** |
| Nucor Corp. | 53744 | &nbsp;&nbsp; $7689154 |
| Steel Dynamics, Inc. | 48417 | &nbsp;&nbsp; 6176073 |
|  |  | &nbsp;&nbsp; 27375467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $185,700,254) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $185,700,254) | &nbsp;&nbsp; 163263874 |
| **Money Market Funds-0.07%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(c)(d)</sup> <br>(Cost $110,943)<br>| 110943 | &nbsp;&nbsp; 110943 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.98% <br>(Cost $185,811,197) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.98% <br>(Cost $185,811,197) | &nbsp;&nbsp; 163374817 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-11.12%** | **Money Market Funds-11.12%** | **Money Market Funds-11.12%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(c)(d)(e)</sup><br>| 5045374 | &nbsp;&nbsp; 5045374 |
| Invesco Private Prime Fund, 4.46%<sup>(c)(d)(e)</sup> | 13125891 | &nbsp;&nbsp; 13128516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $18,173,890) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $18,173,890) | &nbsp;&nbsp; 18173890 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-111.10% <br>(Cost $203,985,087) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-111.10% <br>(Cost $203,985,087) | &nbsp;&nbsp; 181548707 |
| OTHER ASSETS LESS LIABILITIES-(11.10)% | OTHER ASSETS LESS LIABILITIES-(11.10)% | &nbsp;&nbsp; (18136938)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $163411769 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(c)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $12716 | &nbsp;&nbsp;&nbsp; $1057403 | &nbsp;&nbsp;&nbsp; $(959176)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $110943 | &nbsp;&nbsp;&nbsp; $1464 |
| **Investments Purchased with** <br> **Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; 6713390 | &nbsp;&nbsp;&nbsp; 37634317 | &nbsp;&nbsp;&nbsp; (39302333)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 5045374 | &nbsp;&nbsp;&nbsp; 40,941<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 17461329 | &nbsp;&nbsp;&nbsp; 77862651 | &nbsp;&nbsp;&nbsp; (82195840)<br>| &nbsp;&nbsp;&nbsp; 437 | &nbsp;&nbsp;&nbsp; (61)<br>| &nbsp;&nbsp;&nbsp; 13128516 | &nbsp;&nbsp;&nbsp; 112,343<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $24187435 | &nbsp;&nbsp;&nbsp; $116554371 | &nbsp;&nbsp;&nbsp; $(122457349)<br>| &nbsp;&nbsp;&nbsp; $437 | &nbsp;&nbsp;&nbsp; $(61)<br>| &nbsp;&nbsp;&nbsp; $18284833 | &nbsp;&nbsp;&nbsp; $154748 |

---

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

\* 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.

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

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Materials ETF (RSPM)—(continued)**

July 31, 2025

*(Unaudited)*

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

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(e)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Real Estate ETF (RSPR)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** | **Common Stocks & Other Equity Interests-99.91%** |
| **Health Care REITs-13.72%** | **Health Care REITs-13.72%** | **Health Care REITs-13.72%** |
| Alexandria Real Estate Equities, Inc.<sup>(b)</sup> | 47288 | &nbsp;&nbsp; $3614222 |
| Healthpeak Properties, Inc. | 197665 | &nbsp;&nbsp; 3348445 |
| Ventas, Inc. | 54585 | &nbsp;&nbsp; 3667020 |
| Welltower, Inc., REIT | 23038 | &nbsp;&nbsp; 3802883 |
|  |  | &nbsp;&nbsp; 14432570 |
| **Hotel & Resort REITs-3.23%** | **Hotel & Resort REITs-3.23%** | **Hotel & Resort REITs-3.23%** |
| Host Hotels & Resorts, Inc. | 216498 | &nbsp;&nbsp; 3403349 |
| **Industrial REITs-3.23%** | **Industrial REITs-3.23%** | **Industrial REITs-3.23%** |
| Prologis, Inc., REIT | 31866 | &nbsp;&nbsp; 3402651 |
| **Office REITs-2.95%** | **Office REITs-2.95%** | **Office REITs-2.95%** |
| BXP, Inc.<sup>(b)</sup> | 47376 | &nbsp;&nbsp; 3099812 |
| **Real Estate Management & Development-7.66%** | **Real Estate Management & Development-7.66%** | **Real Estate Management & Development-7.66%** |
| CBRE Group, Inc., Class A<sup>(c)</sup> | 25863 | &nbsp;&nbsp; 4027904 |
| CoStar Group, Inc.<sup>(c)</sup> | 42317 | &nbsp;&nbsp; 4028155 |
|  |  | &nbsp;&nbsp; 8056059 |
| **Residential REITs-21.25%** | **Residential REITs-21.25%** | **Residential REITs-21.25%** |
| AvalonBay Communities, Inc. | 16740 | &nbsp;&nbsp; 3118327 |
| Camden Property Trust | 29445 | &nbsp;&nbsp; 3215394 |
| Equity Residential | 49913 | &nbsp;&nbsp; 3154502 |
| Essex Property Trust, Inc.<sup>(b)</sup> | 12081 | &nbsp;&nbsp; 3143234 |
| Invitation Homes, Inc. | 103766 | &nbsp;&nbsp; 3180428 |
| Mid-America Apartment Communities, Inc. | 22995 | &nbsp;&nbsp; 3275178 |
| UDR, Inc. | 83172 | &nbsp;&nbsp; 3267828 |
|  |  | &nbsp;&nbsp; 22354891 |
| **Retail REITs-16.33%** | **Retail REITs-16.33%** | **Retail REITs-16.33%** |
| Federal Realty Investment Trust | 35844 | &nbsp;&nbsp; 3303383 |
| Kimco Realty Corp. | 164900 | &nbsp;&nbsp; 3500827 |
| Realty Income Corp., REIT | 59859 | &nbsp;&nbsp; 3359886 |
| Regency Centers Corp. | 48690 | &nbsp;&nbsp; 3476466 |
| Simon Property Group, Inc. | 21650 | &nbsp;&nbsp; 3546053 |
|  |  | &nbsp;&nbsp; 17186615 |
| **Specialized REITs-31.54%** | **Specialized REITs-31.54%** | **Specialized REITs-31.54%** |
| American Tower Corp. | 16146 | &nbsp;&nbsp; 3364665 |
| Crown Castle, Inc. | 34809 | &nbsp;&nbsp; 3658078 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Specialized REITs-(continued)** | **Specialized REITs-(continued)** | **Specialized REITs-(continued)** |
| Digital Realty Trust, Inc. | 19663 | &nbsp;&nbsp; $3469340 |
| Equinix, Inc., REIT | 3869 | &nbsp;&nbsp; 3037823 |
| Extra Space Storage, Inc. | 23008 | &nbsp;&nbsp; 3091355 |
| Iron Mountain, Inc. | 34239 | &nbsp;&nbsp; 3333509 |
| Public Storage | 11519 | &nbsp;&nbsp; 3132477 |
| SBA Communications Corp., Class A | 15384 | &nbsp;&nbsp; 3457093 |
| VICI Properties, Inc. | 106449 | &nbsp;&nbsp; 3470237 |
| Weyerhaeuser Co. | 126370 | &nbsp;&nbsp; 3165568 |
|  |  | &nbsp;&nbsp; 33180145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $117,415,046) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $117,415,046) | &nbsp;&nbsp; 105116092 |
| **Money Market Funds-0.12%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $127,622)<br>| 127622 | &nbsp;&nbsp; 127622 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.03% <br>(Cost $117,542,668) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.03% <br>(Cost $117,542,668) | &nbsp;&nbsp; 105243714 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-6.34%** | **Money Market Funds-6.34%** | **Money Market Funds-6.34%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 1852264 | &nbsp;&nbsp; 1852264 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 4816127 | &nbsp;&nbsp; 4817090 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $6,669,354) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $6,669,354) | &nbsp;&nbsp; 6669354 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-106.37% <br>(Cost $124,212,022) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-106.37% <br>(Cost $124,212,022) | &nbsp;&nbsp; 111913068 |
| OTHER ASSETS LESS LIABILITIES-(6.37)% | OTHER ASSETS LESS LIABILITIES-(6.37)% | &nbsp;&nbsp; (6700374)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $105212694 |

---

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

Investment Abbreviations: <br> REIT -Real Estate Investment Trust

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(c)</sup> | Non-income producing security. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated Money** <br> **Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $144180 | &nbsp;&nbsp;&nbsp; $1046237 | &nbsp;&nbsp;&nbsp; $(1062795)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $127622 | &nbsp;&nbsp;&nbsp; $641 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Real Estate ETF (RSPR)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value**<br> **April 30, 2025**<br>| **Purchases**<br> **at Cost**<br>| **Proceeds**<br> **from Sales**<br>| **Change in**<br> **Unrealized**<br> **Appreciation**<br>| **Realized**<br> **Gain**<br>| **Value**<br> **July 31, 2025**<br>| **Dividend Income** |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government Fund | &nbsp;&nbsp;&nbsp; $2756205 | &nbsp;&nbsp;&nbsp; $15433541 | &nbsp;&nbsp;&nbsp; $(16337482)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1852264 | &nbsp;&nbsp;&nbsp; $19,508<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 7188297 | &nbsp;&nbsp;&nbsp; 36977461 | &nbsp;&nbsp;&nbsp; (39348668)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 4817090 | &nbsp;&nbsp;&nbsp; 53,691<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $10088682 | &nbsp;&nbsp;&nbsp; $53457239 | &nbsp;&nbsp;&nbsp; $(56748945)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $6796976 | &nbsp;&nbsp;&nbsp; $73840 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Technology ETF (RSPT)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.98%** | **Common Stocks & Other Equity Interests-99.98%** | **Common Stocks & Other Equity Interests-99.98%** |
| **Communications Equipment-6.28%** | **Communications Equipment-6.28%** | **Communications Equipment-6.28%** |
| Arista Networks, Inc.<sup>(b)</sup> | 541711 | &nbsp;&nbsp; $66749629 |
| Cisco Systems, Inc. | 794575 | &nbsp;&nbsp; 54094666 |
| F5, Inc.<sup>(b)</sup> | 173807 | &nbsp;&nbsp; 54474590 |
| Motorola Solutions, Inc. | 124450 | &nbsp;&nbsp; 54631061 |
|  |  | &nbsp;&nbsp; 229949946 |
| **Electronic Equipment, Instruments & Components-14.34%** | **Electronic Equipment, Instruments & Components-14.34%** | **Electronic Equipment, Instruments & Components-14.34%** |
| Amphenol Corp., Class A | 546986 | &nbsp;&nbsp; 58259479 |
| CDW Corp. | 289658 | &nbsp;&nbsp; 50510562 |
| Corning, Inc. | 1009086 | &nbsp;&nbsp; 63814599 |
| Jabil, Inc. | 285993 | &nbsp;&nbsp; 63825058 |
| Keysight Technologies, Inc.<sup>(b)</sup> | 313270 | &nbsp;&nbsp; 51348086 |
| TE Connectivity PLC (Switzerland) | 307134 | &nbsp;&nbsp; 63192820 |
| Teledyne Technologies, Inc.<sup>(b)</sup> | 102167 | &nbsp;&nbsp; 56296060 |
| Trimble, Inc.<sup>(b)</sup> | 701783 | &nbsp;&nbsp; 58872576 |
| Zebra Technologies Corp., Class A<sup>(b)</sup> | 173848 | &nbsp;&nbsp; 58937949 |
|  |  | &nbsp;&nbsp; 525057189 |
| **IT Services-9.99%** | **IT Services-9.99%** | **IT Services-9.99%** |
| Accenture PLC, Class A (Ireland)<sup>(c)</sup> | 159478 | &nbsp;&nbsp; 42596574 |
| Akamai Technologies, Inc.<sup>(b)(c)</sup> | 651077 | &nbsp;&nbsp; 49683686 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., <br> Class A<br>| 631213 | &nbsp;&nbsp; 45295845 |
| EPAM Systems, Inc.<sup>(b)</sup> | 288294 | &nbsp;&nbsp; 45466846 |
| Gartner, Inc.<sup>(b)</sup> | 123114 | &nbsp;&nbsp; 41692556 |
| GoDaddy, Inc., Class A<sup>(b)(c)</sup> | 287755 | &nbsp;&nbsp; 46495453 |
| International Business Machines Corp. | 180823 | &nbsp;&nbsp; 45775342 |
| VeriSign, Inc. | 181917 | &nbsp;&nbsp; 48912024 |
|  |  | &nbsp;&nbsp; 365918326 |
| **Semiconductors & Semiconductor Equipment-27.29%** | **Semiconductors & Semiconductor Equipment-27.29%** | **Semiconductors & Semiconductor Equipment-27.29%** |
| Advanced Micro Devices, Inc.<sup>(b)</sup> | 421169 | &nbsp;&nbsp; 74256306 |
| Analog Devices, Inc. | 218918 | &nbsp;&nbsp; 49175550 |
| Applied Materials, Inc. | 294632 | &nbsp;&nbsp; 53051438 |
| Broadcom, Inc. | 201721 | &nbsp;&nbsp; 59245458 |
| Enphase Energy, Inc.<sup>(b)</sup> | 1124302 | &nbsp;&nbsp; 36382413 |
| First Solar, Inc.<sup>(b)(c)</sup> | 303872 | &nbsp;&nbsp; 53095554 |
| Intel Corp. | 2461704 | &nbsp;&nbsp; 48741739 |
| KLA Corp. | 58482 | &nbsp;&nbsp; 51407432 |
| Lam Research Corp. | 559745 | &nbsp;&nbsp; 53086216 |
| Microchip Technology, Inc. | 731435 | &nbsp;&nbsp; 49437692 |
| Micron Technology, Inc. | 438743 | &nbsp;&nbsp; 47884411 |
| Monolithic Power Systems, Inc. | 70624 | &nbsp;&nbsp; 50230614 |
| NVIDIA Corp. | 357271 | &nbsp;&nbsp; 63547793 |
| NXP Semiconductors N.V. (Netherlands) | 234148 | &nbsp;&nbsp; 50053818 |
| ON Semiconductor Corp.<sup>(b)</sup> | 985666 | &nbsp;&nbsp; 55552136 |
| QUALCOMM, Inc. | 319216 | &nbsp;&nbsp; 46848140 |
| Skyworks Solutions, Inc. | 699099 | &nbsp;&nbsp; 47916245 |
| Teradyne, Inc. | 586555 | &nbsp;&nbsp; 63013604 |
| Texas Instruments, Inc. | 254933 | &nbsp;&nbsp; 46158169 |
|  |  | &nbsp;&nbsp; 999084728 |
| **Software-28.98%** | **Software-28.98%** | **Software-28.98%** |
| Adobe, Inc.<sup>(b)</sup> | 123311 | &nbsp;&nbsp; 44107112 |
| Autodesk, Inc.<sup>(b)</sup> | 171549 | &nbsp;&nbsp; 51998217 |
| Cadence Design Systems, Inc.<sup>(b)(c)</sup> | 165712 | &nbsp;&nbsp; 60413624 |
| CrowdStrike Holdings, Inc., Class A<sup>(b)</sup> | 106732 | &nbsp;&nbsp; 48517165 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Software-(continued)** | **Software-(continued)** | **Software-(continued)** |
| Datadog, Inc., Class A<sup>(b)</sup> | 388181 | &nbsp;&nbsp; $54337576 |
| Fair Isaac Corp.<sup>(b)</sup> | 28208 | &nbsp;&nbsp; 40526998 |
| Fortinet, Inc.<sup>(b)</sup> | 498992 | &nbsp;&nbsp; 49849301 |
| Gen Digital, Inc. | 1729213 | &nbsp;&nbsp; 50994491 |
| Intuit, Inc. | 66559 | &nbsp;&nbsp; 52257468 |
| Microsoft Corp. | 107719 | &nbsp;&nbsp; 57468086 |
| Oracle Corp. | 289425 | &nbsp;&nbsp; 73447382 |
| Palantir Technologies, Inc., Class A<sup>(b)</sup> | 373922 | &nbsp;&nbsp; 59210549 |
| Palo Alto Networks, Inc.<sup>(b)(c)</sup> | 261880 | &nbsp;&nbsp; 45462368 |
| PTC, Inc.<sup>(b)(c)</sup> | 298464 | &nbsp;&nbsp; 64113052 |
| Roper Technologies, Inc. | 89384 | &nbsp;&nbsp; 49196954 |
| Salesforce, Inc. | 191442 | &nbsp;&nbsp; 49455212 |
| ServiceNow, Inc.<sup>(b)</sup> | 50683 | &nbsp;&nbsp; 47800151 |
| Synopsys, Inc.<sup>(b)</sup> | 101780 | &nbsp;&nbsp; 64474577 |
| Tyler Technologies, Inc.<sup>(b)</sup> | 87163 | &nbsp;&nbsp; 50952003 |
| Workday, Inc., Class A<sup>(b)</sup> | 202529 | &nbsp;&nbsp; 46456102 |
|  |  | &nbsp;&nbsp; 1061038388 |
| **Technology Hardware, Storage & Peripherals-13.10%** | **Technology Hardware, Storage & Peripherals-13.10%** | **Technology Hardware, Storage & Peripherals-13.10%** |
| Apple, Inc. | 256589 | &nbsp;&nbsp; 53260179 |
| Dell Technologies, Inc., Class C | 458463 | &nbsp;&nbsp; 60833455 |
| Hewlett Packard Enterprise Co. | 2800069 | &nbsp;&nbsp; 57933428 |
| HP, Inc. | 2051078 | &nbsp;&nbsp; 50866734 |
| NetApp, Inc. | 496039 | &nbsp;&nbsp; 51652541 |
| Seagate Technology Holdings PLC | 403481 | &nbsp;&nbsp; 63350552 |
| Super Micro Computer, Inc.<sup>(b)(c)</sup> | 1180988 | &nbsp;&nbsp; 69642862 |
| Western Digital Corp.<sup>(c)</sup> | 916692 | &nbsp;&nbsp; 72134494 |
|  |  | &nbsp;&nbsp; 479674245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $2,966,710,489) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $2,966,710,489) | &nbsp;&nbsp; 3660722822 |
| **Money Market Funds-0.03%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $1,255,538)<br>| 1255538 | &nbsp;&nbsp; 1255538 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.01% <br>(Cost $2,967,966,027) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.01% <br>(Cost $2,967,966,027) | &nbsp;&nbsp; 3661978360 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-3.09%** | **Money Market Funds-3.09%** | **Money Market Funds-3.09%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 31565738 | &nbsp;&nbsp; 31565738 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 81608286 | &nbsp;&nbsp; 81624608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $113,190,472) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $113,190,472) | &nbsp;&nbsp; 113190346 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-103.10% <br>(Cost $3,081,156,499) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-103.10% <br>(Cost $3,081,156,499) | &nbsp;&nbsp; 3775168706 |
| OTHER ASSETS LESS LIABILITIES-(3.10)% | OTHER ASSETS LESS LIABILITIES-(3.10)% | &nbsp;&nbsp; (113526874)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $3661641832 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Technology ETF (RSPT)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $1671599 | &nbsp;&nbsp;&nbsp; $64038061 | &nbsp;&nbsp;&nbsp; $(64454122)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1255538 | &nbsp;&nbsp;&nbsp; $57031 |
| **Investments Purchased with** <br> **Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; 58209365 | &nbsp;&nbsp;&nbsp; 245430536 | &nbsp;&nbsp;&nbsp; (272074163)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 31565738 | &nbsp;&nbsp;&nbsp; 578,311<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 204348734 | &nbsp;&nbsp;&nbsp; 308244610 | &nbsp;&nbsp;&nbsp; (430968610)<br>| &nbsp;&nbsp;&nbsp; 671 | &nbsp;&nbsp;&nbsp; (797)<br>| &nbsp;&nbsp;&nbsp; 81624608 | &nbsp;&nbsp;&nbsp; 1,550,908<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $264229698 | &nbsp;&nbsp;&nbsp; $617713207 | &nbsp;&nbsp;&nbsp; $(767496895)<br>| &nbsp;&nbsp;&nbsp; $671 | &nbsp;&nbsp;&nbsp; $(797)<br>| &nbsp;&nbsp;&nbsp; $114445884 | &nbsp;&nbsp;&nbsp; $2186250 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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<sup>(a)</sup>

**Invesco S&P 500**<sup>®</sup> **Equal Weight Utilities ETF (RSPU)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.92%** | **Common Stocks & Other Equity Interests-99.92%** | **Common Stocks & Other Equity Interests-99.92%** |
| **Electric Utilities-54.53%** | **Electric Utilities-54.53%** | **Electric Utilities-54.53%** |
| Alliant Energy Corp. | 223523 | &nbsp;&nbsp; $14531230 |
| American Electric Power Co., Inc. | 134025 | &nbsp;&nbsp; 15163588 |
| Constellation Energy Corp. | 46767 | &nbsp;&nbsp; 16267433 |
| Duke Energy Corp. | 117436 | &nbsp;&nbsp; 14284915 |
| Edison International | 275415 | &nbsp;&nbsp; 14354630 |
| Entergy Corp. | 166325 | &nbsp;&nbsp; 15040770 |
| Evergy, Inc. | 202396 | &nbsp;&nbsp; 14329637 |
| Eversource Energy | 208445 | &nbsp;&nbsp; 13778215 |
| Exelon Corp. | 318651 | &nbsp;&nbsp; 14320176 |
| FirstEnergy Corp. | 339815 | &nbsp;&nbsp; 14513499 |
| NextEra Energy, Inc. | 187170 | &nbsp;&nbsp; 13300300 |
| NRG Energy, Inc. | 91660 | &nbsp;&nbsp; 15325552 |
| PG&E Corp. | 949513 | &nbsp;&nbsp; 13312172 |
| Pinnacle West Capital Corp. | 153172 | &nbsp;&nbsp; 13880447 |
| PPL Corp. | 404479 | &nbsp;&nbsp; 14435856 |
| Southern Co. (The) | 152590 | &nbsp;&nbsp; 14416703 |
| Xcel Energy, Inc. | 200196 | &nbsp;&nbsp; 14702394 |
|  |  | &nbsp;&nbsp; 245957517 |
| **Gas Utilities-3.10%** | **Gas Utilities-3.10%** | **Gas Utilities-3.10%** |
| Atmos Energy Corp. | 89608 | &nbsp;&nbsp; 13971679 |
| **Independent Power and Renewable Electricity Producers-7.26%** | **Independent Power and Renewable Electricity Producers-7.26%** | **Independent Power and Renewable Electricity Producers-7.26%** |
| AES Corp. (The) | 1190200 | &nbsp;&nbsp; 15651130 |
| Vistra Corp. | 81921 | &nbsp;&nbsp; 17083805 |
|  |  | &nbsp;&nbsp; 32734935 |
| **Multi-Utilities-32.01%** | **Multi-Utilities-32.01%** | **Multi-Utilities-32.01%** |
| Ameren Corp. | 142545 | &nbsp;&nbsp; 14415576 |
| CenterPoint Energy, Inc.<sup>(b)</sup> | 379224 | &nbsp;&nbsp; 14721476 |
| CMS Energy Corp. | 195200 | &nbsp;&nbsp; 14405760 |
| Consolidated Edison, Inc. | 133239 | &nbsp;&nbsp; 13790236 |
| Dominion Energy, Inc.<sup>(b)</sup> | 245881 | &nbsp;&nbsp; 14371744 |
| DTE Energy Co. | 101234 | &nbsp;&nbsp; 14011798 |
| NiSource, Inc. | 346259 | &nbsp;&nbsp; 14698695 |
| Public Service Enterprise Group, Inc. | 169073 | &nbsp;&nbsp; 15181065 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Multi-Utilities-(continued)** | **Multi-Utilities-(continued)** | **Multi-Utilities-(continued)** |
| Sempra | 179830 | &nbsp;&nbsp; $14688514 |
| WEC Energy Group, Inc. | 129413 | &nbsp;&nbsp; 14116370 |
|  |  | &nbsp;&nbsp; 144401234 |
| **Water Utilities-3.02%** | **Water Utilities-3.02%** | **Water Utilities-3.02%** |
| American Water Works Co., Inc. | 97181 | &nbsp;&nbsp; 13628664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $406,823,981) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $406,823,981) | &nbsp;&nbsp; 450694029 |
| **Money Market Funds-0.07%** |  |  |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(c)(d)</sup> <br>(Cost $319,045)<br>| 319045 | &nbsp;&nbsp; 319045 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.99% <br>(Cost $407,143,026) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.99% <br>(Cost $407,143,026) | &nbsp;&nbsp; 451013074 |
| **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** | **Investments Purchased with Cash Collateral** <br>**from Securities on Loan** |
| **Money Market Funds-1.13%** | **Money Market Funds-1.13%** | **Money Market Funds-1.13%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(c)(d)(e)</sup><br>| 1431664 | &nbsp;&nbsp; 1431664 |
| Invesco Private Prime Fund, 4.46%<sup>(c)(d)(e)</sup> | 3685477 | &nbsp;&nbsp; 3686214 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $5,117,878) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $5,117,878) | &nbsp;&nbsp; 5117878 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.12% <br>(Cost $412,260,904) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.12% <br>(Cost $412,260,904) | &nbsp;&nbsp; 456130952 |
| OTHER ASSETS LESS LIABILITIES-(1.12)% | OTHER ASSETS LESS LIABILITIES-(1.12)% | &nbsp;&nbsp; (5055994)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $451074958 |

---

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

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(c)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $368784 | &nbsp;&nbsp;&nbsp; $3565932 | &nbsp;&nbsp;&nbsp; $(3615671)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $319045 | &nbsp;&nbsp;&nbsp; $3424 |
| **Investments Purchased with** <br> **Cash Collateral from Securities** <br> **on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; 4071590 | &nbsp;&nbsp;&nbsp; 27434267 | &nbsp;&nbsp;&nbsp; (30074193)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 1431664 | &nbsp;&nbsp;&nbsp; 50,158<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 10595028 | &nbsp;&nbsp;&nbsp; 68835947 | &nbsp;&nbsp;&nbsp; (75744750)<br>| &nbsp;&nbsp;&nbsp; 140 | &nbsp;&nbsp;&nbsp; (151)<br>| &nbsp;&nbsp;&nbsp; 3686214 | &nbsp;&nbsp;&nbsp; 137,109<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $15035402 | &nbsp;&nbsp;&nbsp; $99836146 | &nbsp;&nbsp;&nbsp; $(109434614)<br>| &nbsp;&nbsp;&nbsp; $140 | &nbsp;&nbsp;&nbsp; $(151)<br>| &nbsp;&nbsp;&nbsp; $5436923 | &nbsp;&nbsp;&nbsp; $190691 |

---

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

\* 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.

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

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P 500**<sup>®</sup> **Equal Weight Utilities ETF (RSPU)—(continued)**

July 31, 2025

*(Unaudited)*

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

<sup>(d)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(e)</sup> 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<sup>(a)</sup>

**Invesco S&P MidCap 400**<sup>®</sup> **GARP ETF (GRPM)**

July 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.93%** | **Common Stocks & Other Equity Interests-99.93%** | **Common Stocks & Other Equity Interests-99.93%** |
| **Consumer Discretionary-16.44%** | **Consumer Discretionary-16.44%** | **Consumer Discretionary-16.44%** |
| Abercrombie & Fitch Co., Class A<sup>(b)</sup> | 74602 | &nbsp;&nbsp; $7163284 |
| Chewy, Inc., Class A<sup>(b)</sup> | 156630 | &nbsp;&nbsp; 5748321 |
| Crocs, Inc.<sup>(b)(c)</sup> | 60857 | &nbsp;&nbsp; 6069269 |
| Graham Holdings Co., Class B<sup>(c)</sup> | 6545 | &nbsp;&nbsp; 6245108 |
| Grand Canyon Education, Inc.<sup>(b)</sup> | 30811 | &nbsp;&nbsp; 5195659 |
| Hyatt Hotels Corp., Class A<sup>(c)</sup> | 77015 | &nbsp;&nbsp; 10856805 |
| Texas Roadhouse, Inc. | 30067 | &nbsp;&nbsp; 5566304 |
| Toll Brothers, Inc. | 48659 | &nbsp;&nbsp; 5759279 |
| TopBuild Corp.<sup>(b)</sup> | 19442 | &nbsp;&nbsp; 7201900 |
| Valvoline, Inc.<sup>(b)</sup> | 185678 | &nbsp;&nbsp; 6545149 |
| Visteon Corp.<sup>(b)</sup> | 75985 | &nbsp;&nbsp; 8445733 |
|  |  | &nbsp;&nbsp; 74796811 |
| **Consumer Staples-6.09%** | **Consumer Staples-6.09%** | **Consumer Staples-6.09%** |
| Celsius Holdings, Inc.<sup>(b)(c)</sup> | 290784 | &nbsp;&nbsp; 13184146 |
| Coca-Cola Consolidated, Inc. | 53197 | &nbsp;&nbsp; 5944765 |
| Pilgrim's Pride Corp.<sup>(c)</sup> | 180443 | &nbsp;&nbsp; 8551194 |
|  |  | &nbsp;&nbsp; 27680105 |
| **Energy-11.50%** | **Energy-11.50%** | **Energy-11.50%** |
| Civitas Resources, Inc.<sup>(c)</sup> | 239719 | &nbsp;&nbsp; 7277869 |
| Matador Resources Co. | 123154 | &nbsp;&nbsp; 6142921 |
| Murphy Oil Corp.<sup>(c)</sup> | 229313 | &nbsp;&nbsp; 5689256 |
| NOV, Inc.<sup>(c)</sup> | 504861 | &nbsp;&nbsp; 6351151 |
| Permian Resources Corp. | 599791 | &nbsp;&nbsp; 8493041 |
| Valaris Ltd.<sup>(b)(c)</sup> | 158601 | &nbsp;&nbsp; 7712767 |
| Viper Energy, Inc.<sup>(c)</sup> | 125846 | &nbsp;&nbsp; 4739360 |
| Weatherford International PLC | 104324 | &nbsp;&nbsp; 5899522 |
|  |  | &nbsp;&nbsp; 52305887 |
| **Financials-26.84%** | **Financials-26.84%** | **Financials-26.84%** |
| Bank OZK | 192250 | &nbsp;&nbsp; 9477925 |
| Cadence Bank<sup>(c)</sup> | 166148 | &nbsp;&nbsp; 5790258 |
| East West Bancorp, Inc. | 89309 | &nbsp;&nbsp; 8953227 |
| Equitable Holdings, Inc. | 94947 | &nbsp;&nbsp; 4875529 |
| F.N.B. Corp. | 378437 | &nbsp;&nbsp; 5797655 |
| Hamilton Lane, Inc., Class A | 56978 | &nbsp;&nbsp; 8677749 |
| International Bancshares Corp. | 90543 | &nbsp;&nbsp; 6173222 |
| Kinsale Capital Group, Inc. | 19976 | &nbsp;&nbsp; 8803223 |
| RenaissanceRe Holdings Ltd. (Bermuda) | 42637 | &nbsp;&nbsp; 10392342 |
| UMB Financial Corp. | 66302 | &nbsp;&nbsp; 7292557 |
| United Bankshares, Inc. | 200774 | &nbsp;&nbsp; 7131493 |
| Valley National Bancorp | 614798 | &nbsp;&nbsp; 5699178 |
| Voya Financial, Inc. | 99035 | &nbsp;&nbsp; 6932450 |
| Webster Financial Corp. | 101514 | &nbsp;&nbsp; 5852282 |
| Western Alliance Bancorporation | 96699 | &nbsp;&nbsp; 7499974 |
| Wintrust Financial Corp. | 52580 | &nbsp;&nbsp; 6729188 |
| Zions Bancorporation N.A. | 111639 | &nbsp;&nbsp; 5986083 |
|  |  | &nbsp;&nbsp; 122064335 |
| **Health Care-13.02%** | **Health Care-13.02%** | **Health Care-13.02%** |
| Doximity, Inc., Class A<sup>(b)</sup> | 91546 | &nbsp;&nbsp; 5378328 |
| Exelixis, Inc.<sup>(b)</sup> | 147894 | &nbsp;&nbsp; 5356721 |
| Halozyme Therapeutics, Inc.<sup>(b)</sup> | 160204 | &nbsp;&nbsp; 9607434 |
| Hims & Hers Health, Inc.<sup>(b)(c)</sup> | 170588 | &nbsp;&nbsp; 11289514 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Lantheus Holdings, Inc.<sup>(b)(c)</sup> | 137554 | &nbsp;&nbsp; $9792469 |
| Medpace Holdings, Inc.<sup>(b)(c)</sup> | 27222 | &nbsp;&nbsp; 11629238 |
| United Therapeutics Corp.<sup>(b)</sup> | 22477 | &nbsp;&nbsp; 6174432 |
|  |  | &nbsp;&nbsp; 59228136 |
| **Industrials-11.09%** | **Industrials-11.09%** | **Industrials-11.09%** |
| AAON, Inc.<sup>(c)</sup> | 109083 | &nbsp;&nbsp; 9108430 |
| Applied Industrial Technologies, Inc. | 22229 | &nbsp;&nbsp; 6035173 |
| Comfort Systems USA, Inc. | 18721 | &nbsp;&nbsp; 13166479 |
| EMCOR Group, Inc. | 14236 | &nbsp;&nbsp; 8932948 |
| ExlService Holdings, Inc.<sup>(b)</sup> | 125357 | &nbsp;&nbsp; 5444255 |
| MSA Safety, Inc. | 43642 | &nbsp;&nbsp; 7762603 |
|  |  | &nbsp;&nbsp; 50449888 |
| **Information Technology-13.40%** | **Information Technology-13.40%** | **Information Technology-13.40%** |
| AppFolio, Inc., Class A<sup>(b)(c)</sup> | 46982 | &nbsp;&nbsp; 12562047 |
| DocuSign, Inc.<sup>(b)</sup> | 96548 | &nbsp;&nbsp; 7302891 |
| Dynatrace, Inc.<sup>(b)</sup> | 164950 | &nbsp;&nbsp; 8678019 |
| Fabrinet (Thailand)<sup>(b)</sup> | 26870 | &nbsp;&nbsp; 8698625 |
| Manhattan Associates, Inc.<sup>(b)</sup> | 30560 | &nbsp;&nbsp; 6712810 |
| Qualys, Inc.<sup>(b)</sup> | 42667 | &nbsp;&nbsp; 5677698 |
| Rambus, Inc.<sup>(b)</sup> | 153195 | &nbsp;&nbsp; 11325706 |
|  |  | &nbsp;&nbsp; 60957796 |
| **Materials-1.55%** | **Materials-1.55%** | **Materials-1.55%** |
| Carpenter Technology Corp. | 28247 | &nbsp;&nbsp; 7044519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $440,614,652) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $440,614,652) | &nbsp;&nbsp; 454527477 |
| **Money Market Funds-0.09%** | **Money Market Funds-0.09%** | **Money Market Funds-0.09%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.25%<sup>(d)(e)</sup> <br>(Cost $414,695)<br>| 414695 | &nbsp;&nbsp; 414695 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.02% <br>(Cost $441,029,347) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-100.02% <br>(Cost $441,029,347) | &nbsp;&nbsp; 454942172 |
| **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** | **Investments Purchased with Cash Collateral from Securities** <br> **on Loan** |
| **Money Market Funds-11.55%** | **Money Market Funds-11.55%** | **Money Market Funds-11.55%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.32%<sup>(d)(e)(f)</sup><br>| 14575974 | &nbsp;&nbsp; 14575974 |
| Invesco Private Prime Fund, 4.46%<sup>(d)(e)(f)</sup> | 37945460 | &nbsp;&nbsp; 37953049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $52,529,023) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $52,529,023) | &nbsp;&nbsp; 52529023 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-111.57% <br>(Cost $493,558,370) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-111.57% <br>(Cost $493,558,370) | &nbsp;&nbsp; 507471195 |
| OTHER ASSETS LESS LIABILITIES-(11.57)% | OTHER ASSETS LESS LIABILITIES-(11.57)% | &nbsp;&nbsp; (52635692)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $454835503 |

---

See accompanying notes which are an integral part of this schedule.

------

**Invesco S&P MidCap 400**<sup>®</sup> **GARP ETF (GRPM)—(continued)**

July 31, 2025

*(Unaudited)*

---

| | |
|:---|:---|
| Notes to Schedule of Investments: | Notes to Schedule of Investments: |
| <sup>(a)</sup> | Industry and/or sector classifications used in this report are generally according to the Global Industry Classification Standard, which was developed by and is <br> the exclusive property and a service mark of MSCI Inc. and Standard & Poor's.<br>|
| <sup>(b)</sup> | Non-income producing security. |
| <sup>(c)</sup> | All or a portion of this security was out on loan at July 31, 2025. |
| <sup>(d)</sup> | Affiliated holding. Affiliated holdings are investments in entities which are under common ownership or control of Invesco Ltd. or are investments in entities in <br> 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 <br> affiliates for the three months ended July 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**April 30, 2025**<br>| **Purchases** <br>**at Cost**<br>| **Proceeds** <br>**from Sales**<br>| **Change in** <br>**Unrealized** <br>**Appreciation**<br>| **Realized** <br>**Gain** <br>**(Loss)**<br>| **Value** <br>**July 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & Agency <br> Portfolio, Institutional Class<br>| &nbsp;&nbsp;&nbsp; $201173 | &nbsp;&nbsp;&nbsp; $2883296 | &nbsp;&nbsp;&nbsp; $(2669774)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $414695 | &nbsp;&nbsp;&nbsp; $3568 |
| **Investments Purchased with** <br> **Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private Government <br> Fund<br>| &nbsp;&nbsp;&nbsp; 31002233 | &nbsp;&nbsp;&nbsp; 63077863 | &nbsp;&nbsp;&nbsp; (79504122)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 14575974 | &nbsp;&nbsp;&nbsp; 211,927<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 80728791 | &nbsp;&nbsp;&nbsp; 114827837 | &nbsp;&nbsp;&nbsp; (157603537)<br>| &nbsp;&nbsp;&nbsp; 3515 | &nbsp;&nbsp;&nbsp; (3557)<br>| &nbsp;&nbsp;&nbsp; 37953049 | &nbsp;&nbsp;&nbsp; 573,405<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $111932197 | &nbsp;&nbsp;&nbsp; $180788996 | &nbsp;&nbsp;&nbsp; $(239777433)<br>| &nbsp;&nbsp;&nbsp; $3515 | &nbsp;&nbsp;&nbsp; $(3557)<br>| &nbsp;&nbsp;&nbsp; $52943718 | &nbsp;&nbsp;&nbsp; $788900 |

---

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

\* 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.

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

<sup>(e)</sup> The rate shown is the 7-day SEC standardized yield as of July 31, 2025. <br> <sup>(f)</sup> 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**

July 31, 2025

*(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. When market movements occur after the close of the relevant foreign securities markets, foreign securities may be fair valued utilizing an independent pricing service.

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 July 31, 2025. 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** |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $71839063065 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $71839063065 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 100488744 | &nbsp;&nbsp;&nbsp; 2931376908 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 3031865652 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp; 71939551809 | &nbsp;&nbsp;&nbsp; 2931376908 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 74870928717 |
| **Other Investments - Assets** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Futures Contracts | &nbsp;&nbsp;&nbsp; 3418562 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 3418562 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $71942970371 | &nbsp;&nbsp;&nbsp; $2931376908 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $74874347279 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Communication Services ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $69131537 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $69131537 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 3519 | &nbsp;&nbsp;&nbsp; 9606652 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 9610171 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $69135056 | &nbsp;&nbsp;&nbsp; $9606652 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $78741708 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Consumer Discretionary ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $202339643 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $202339643 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 27796 | &nbsp;&nbsp;&nbsp; 4645422 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 4673218 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $202367439 | &nbsp;&nbsp;&nbsp; $4645422 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $207012861 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Consumer Staples ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $253226287 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $253226287 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 47806 | &nbsp;&nbsp;&nbsp; 13674760 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 13722566 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $253274093 | &nbsp;&nbsp;&nbsp; $13674760 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $266948853 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Energy ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $425136798 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $425136798 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 108700 | &nbsp;&nbsp;&nbsp; 1089486 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 1198186 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $425245498 | &nbsp;&nbsp;&nbsp; $1089486 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $426334984 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Financials ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $320441172 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $320441172 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 50687 | &nbsp;&nbsp;&nbsp; 9013 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 59700 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $320491859 | &nbsp;&nbsp;&nbsp; $9013 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $320500872 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Health Care ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $681681121 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $681681121 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 337655 | &nbsp;&nbsp;&nbsp; 11652147 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 11989802 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $682018776 | &nbsp;&nbsp;&nbsp; $11652147 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $693670923 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Industrials ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $668472284 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $668472284 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 274905 | &nbsp;&nbsp;&nbsp; 4247585 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 4522490 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $668747189 | &nbsp;&nbsp;&nbsp; $4247585 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $672994774 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Materials ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $163263874 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $163263874 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 110943 | &nbsp;&nbsp;&nbsp; 18173890 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 18284833 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $163374817 | &nbsp;&nbsp;&nbsp; $18173890 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $181548707 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Real Estate ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $105116092 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $105116092 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 127622 | &nbsp;&nbsp;&nbsp; 6669354 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 6796976 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $105243714 | &nbsp;&nbsp;&nbsp; $6669354 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $111913068 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Technology ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $3660722822 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $3660722822 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 1255538 | &nbsp;&nbsp;&nbsp; 113190346 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 114445884 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $3661978360 | &nbsp;&nbsp;&nbsp; $113190346 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $3775168706 |
| &nbsp;&nbsp; Invesco S&P 500<sup>®</sup> Equal Weight Utilities ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $450694029 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $450694029 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 319045 | &nbsp;&nbsp;&nbsp; 5117878 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 5436923 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $451013074 | &nbsp;&nbsp;&nbsp; $5117878 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $456130952 |
| &nbsp;&nbsp; Invesco S&P MidCap 400<sup>®</sup> GARP ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $454527477 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $454527477 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 414695 | &nbsp;&nbsp;&nbsp; 52529023 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 52943718 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $454942172 | &nbsp;&nbsp;&nbsp; $52529023 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $507471195 |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust

- **b. Investment Company Act file number:** 811-21265

- **c. CIK number of Registrant:** 0001209466

- **d. LEI of Registrant:** QPT4TMG79RF3UWNU0R52

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco S&P MidCap 400 GARP ETF

- **b. EDGAR series identifier (if any):** S000060794

- **c. LEI of Series:** 549300FWEQEG5ZSR9J26

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

- **a. Date of fiscal year-end:** 2026-04-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $507502640.21

**Total Liabilities:** $52667137.15

**Net Assets:** $454835503.06

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000197610 | 4.07%                | 5.03%                | 4.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $451114.22               | $17106628.04                               |
| Month 2  | $-21167737.51            | $42610100.74                               |
| Month 3  | $2437116.26              | $18571310.44                               |

### Schedule of Portfolio Investments

| Name                                  | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AAON, Inc.                            | AAON, Inc.                                                 | CUSIP: 000360206<br>LEI: 549300ZHF0E5VM7PUD37 | Long             | EC               | CORP              | US        |    109083 | NS      | $9108430.50   | 2.00%             |  |  |  | No            |                  1 | On Loan: —       |
| TopBuild Corp.                        | TopBuild Corp.                                             | CUSIP: 89055F103<br>LEI: 5493007YSKHOL4RWII46 | Long             | EC               | CORP              | US        |     19442 | NS      | $7201900.06   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                 | Texas Roadhouse, Inc.                                      | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |     30067 | NS      | $5566303.71   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial, Inc.                  | Voya Financial, Inc.                                       | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     99035 | NS      | $6932450.00   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Celsius Holdings, Inc.                | Celsius Holdings, Inc.                                     | CUSIP: 15118V207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290784 | NS      | $13184146.56  | 2.90%             |  |  |  | No            |                  1 | On Loan: —       |
| UMB Financial Corp.                   | UMB Financial Corp.                                        | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     66302 | NS      | $7292556.98   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp.                      | Murphy Oil Corp.                                           | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    229313 | NS      | $5689255.53   | 1.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Civitas Resources, Inc.               | Civitas Resources, Inc.                                    | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |    239719 | NS      | $7277868.84   | 1.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Dynatrace, Inc.                       | Dynatrace, Inc.                                            | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |    164950 | NS      | $8678019.50   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc.                              | NOV Inc.                                                   | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    504861 | NS      | $6351151.38   | 1.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Visteon Corp.                         | Visteon Corp.                                              | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     75985 | NS      | $8445732.75   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health, Inc.              | Hims & Hers Health, Inc.                                   | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |    170588 | NS      | $11289513.84  | 2.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Rambus Inc.                           | Rambus Inc.                                                | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |    153195 | NS      | $11325706.35  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions BanCorp., N.A.                  | Zions BanCorp., N.A.                                       | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |    111639 | NS      | $5986083.18   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings, Inc.             | ExlService Holdings, Inc.                                  | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |    125357 | NS      | $5444254.51   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group, Inc.                     | EMCOR Group, Inc.                                          | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     14236 | NS      | $8932947.64   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies, Inc. | Applied Industrial Technologies, Inc.                      | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |     22229 | NS      | $6035173.50   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp.                    | Hyatt Hotels Corp., Class A                                | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |     77015 | NS      | $10856804.55  | 2.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Webster Financial Corp.               | Webster Financial Corp.                                    | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    101514 | NS      | $5852282.10   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs, Inc.                           | Crocs, Inc.                                                | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     60857 | NS      | $6069268.61   | 1.33%             |  |  |  | No            |                  1 | On Loan: —       |
| RenaissanceRe Holdings Ltd.           | RenaissanceRe Holdings Ltd.                                | CUSIP: G7496G103<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |     42637 | NS      | $10392342.38  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Consolidated, Inc.          | Coca-Cola Consolidated, Inc.                               | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |     53197 | NS      | $5944764.75   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.             | United Therapeutics Corp.                                  | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |     22477 | NS      | $6174431.90   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis, Inc.                        | Exelixis, Inc.                                             | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |    147894 | NS      | $5356720.68   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.           | Halozyme Therapeutics, Inc.                                | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |    160204 | NS      | $9607433.88   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrim's Pride Corp.                 | Pilgrim's Pride Corp.                                      | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |    180443 | NS      | $8551193.77   | 1.88%             |  |  |  | No            |                  1 | On Loan: —       |
| Kinsale Capital Group, Inc.           | Kinsale Capital Group, Inc.                                | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |     19976 | NS      | $8803223.44   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| International Bancshares Corp.        | International Bancshares Corp.                             | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |     90543 | NS      | $6173221.74   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co.                   | Graham Holdings Co., Class B                               | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |      6545 | NS      | $6245108.10   | 1.37%             |  |  |  | No            |                  1 | On Loan: —       |
| United Bankshares, Inc.               | United Bankshares, Inc.                                    | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |    200774 | NS      | $7131492.48   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp, Inc.               | East West Bancorp, Inc.                                    | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89309 | NS      | $8953227.25   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings, Inc.              | Equitable Holdings, Inc.                                   | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     94947 | NS      | $4875528.45   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC         | Weatherford International PLC                              | CUSIP: G48833118<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |    104324 | NS      | $5899522.20   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                   | Toll Brothers, Inc.                                        | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |     48659 | NS      | $5759279.24   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Comfort Systems USA, Inc.             | Comfort Systems USA, Inc.                                  | CUSIP: 199908104<br>LEI: 5299009DT1ZA5HTU6R38 | Long             | EC               | CORP              | US        |     18721 | NS      | $13166479.30  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Valaris Ltd.                          | Valaris Ltd.                                               | CUSIP: G9460G101<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    158601 | NS      | $7712766.63   | 1.70%             |  |  |  | No            |                  1 | On Loan: —       |
| Invesco Private Prime Fund            | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  37953049 | NS      | $37953049.09  | 8.34%             |  |  |  | No            |                  2 | On Loan: No      |
| MSA Safety Inc.                       | MSA Safety Inc.                                            | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |     43642 | NS      | $7762602.54   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc.                        | Valvoline Inc.                                             | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |    185678 | NS      | $6545149.50   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorporation       | Western Alliance Bancorporation                            | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     96699 | NS      | $7499974.44   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantheus Holdings, Inc.               | Lantheus Holdings, Inc.                                    | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |    137554 | NS      | $9792469.26   | 2.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Doximity, Inc.                        | Doximity, Inc., Class A                                    | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91546 | NS      | $5378327.50   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                 | Matador Resources Co.                                      | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    123154 | NS      | $6142921.52   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp.              | Wintrust Financial Corp.                                   | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     52580 | NS      | $6729188.40   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| DocuSign, Inc.                        | DocuSign, Inc.                                             | CUSIP: 256163106<br>LEI: 549300Q7PVDWRZ39JG09 | Long             | EC               | CORP              | US        |     96548 | NS      | $7302890.72   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp.               | Permian Resources Corp.                                    | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    599791 | NS      | $8493040.56   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc.                    | Hamilton Lane Inc., Class A                                | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |     56978 | NS      | $8677749.40   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Chewy, Inc.                           | Chewy, Inc., Class A                                       | CUSIP: 16679L109<br>LEI: 254900NPQSTG9I422879 | Long             | EC               | CORP              | US        |    156630 | NS      | $5748321.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.            | Carpenter Technology Corp.                                 | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     28247 | NS      | $7044519.33   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Portfolio | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |    414695 | NS      | $414695.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                              | Fabrinet                                                   | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |     26870 | NS      | $8698625.10   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Medpace Holdings, Inc.                | Medpace Holdings, Inc.                                     | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |     27222 | NS      | $11629238.40  | 2.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Abercrombie & Fitch Co.               | Abercrombie & Fitch Co., Class A                           | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     74602 | NS      | $7163284.04   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                              | Bank OZK                                                   | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |    192250 | NS      | $9477925.00   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund       | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  14575974 | NS      | $14575974.43  | 3.20%             |  |  |  | No            |                  2 | On Loan: No      |
| F.N.B. Corp.                          | F.N.B. Corp.                                               | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |    378437 | NS      | $5797654.84   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys, Inc.                          | Qualys, Inc.                                               | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |     42667 | NS      | $5677697.69   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Viper Energy, Inc.                    | Viper Energy, Inc.                                         | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |    125846 | NS      | $4739360.36   | 1.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Valley National Bancorp               | Valley National Bancorp                                    | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    614798 | NS      | $5699177.46   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates, Inc.            | Manhattan Associates, Inc.                                 | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |     30560 | NS      | $6712809.60   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education, Inc.          | Grand Canyon Education, Inc.                               | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     30811 | NS      | $5195658.93   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                          | Cadence Bank                                               | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    166148 | NS      | $5790257.80   | 1.27%             |  |  |  | No            |                  1 | On Loan: —       |
| AppFolio, Inc.                        | AppFolio, Inc., Class A                                    | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |     46982 | NS      | $12562047.16  | 2.76%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-08-30

**Name of Applicant:** Invesco Exchange-Traded Fund Trust

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President