# EDGAR Filing Document

**Accession Number:** 0001657201
**File Stem:** 0001752724-25-180495
**Filing Date:** 2025-7
**Character Count:** 349286
**Document Hash:** e2d566df2422e405db7a6653fbe9c5b6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-180495.hdr.sgml**: 20250728

**ACCESSION NUMBER**: 0001752724-25-180495

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250728

**DATE AS OF CHANGE**: 20250728

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Self-Indexed Fund Trust
- **CENTRAL INDEX KEY:** 0001657201

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23304
- **FILM NUMBER:** 251154381

**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 Self-Indexed Fund Trust
- **DATE OF NAME CHANGE:** 20151030

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust III
- **DATE OF NAME CHANGE:** 20151030

## Series and Classes Contracts Data

### Invesco Russell 2000(R) Dynamic Multifactor ETF (Series ID: S000064608)

| Class ID   | Class Name                                      | Ticker Symbol   |
|:---|:---|:---|
| C000209109 | Invesco Russell 2000(R) Dynamic Multifactor ETF | OMFS            |

## Nport-Ex

Schedule of Investments

**Invesco International Developed Dynamic Multifactor ETF (IMFL)**

May 31, 2025

*(Unaudited)*

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

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Common Stocks & Other Equity Interests-99.52%** | **Common Stocks & Other Equity Interests-99.52%** | **Common Stocks & Other Equity Interests-99.52%** |
| **Australia-7.90%** | **Australia-7.90%** | **Australia-7.90%** |
| AGL Energy Ltd. | 39630 | &nbsp;&nbsp; $259006 |
| ALS Ltd. | 13309 | &nbsp;&nbsp; 137615 |
| ANZ Group Holdings Ltd. | 9407 | &nbsp;&nbsp; 175749 |
| Aristocrat Leisure Ltd. | 99556 | &nbsp;&nbsp; 3993896 |
| ASX Ltd. | 3994 | &nbsp;&nbsp; 183212 |
| BHP Group Ltd. | 133587 | &nbsp;&nbsp; 3276221 |
| BlueScope Steel Ltd. | 10264 | &nbsp;&nbsp; 150419 |
| Brambles Ltd. | 304191 | &nbsp;&nbsp; 4542757 |
| CAR Group Ltd. | 5965 | &nbsp;&nbsp; 136479 |
| Coles Group Ltd. | 97197 | &nbsp;&nbsp; 1351468 |
| Commonwealth Bank of Australia | 27983 | &nbsp;&nbsp; 3170028 |
| Computershare Ltd. | 222735 | &nbsp;&nbsp; 5757395 |
| CSL Ltd. | 6226 | &nbsp;&nbsp; 991866 |
| Insurance Australia Group Ltd. | 209682 | &nbsp;&nbsp; 1165970 |
| JB Hi-Fi Ltd. | 8939 | &nbsp;&nbsp; 619996 |
| Lottery Corp. Ltd. (The) | 66216 | &nbsp;&nbsp; 217236 |
| Macquarie Group Ltd. | 3520 | &nbsp;&nbsp; 484795 |
| Medibank Pvt. Ltd. | 348070 | &nbsp;&nbsp; 1067940 |
| National Australia Bank Ltd. | 10480 | &nbsp;&nbsp; 256050 |
| Origin Energy Ltd. | 24280 | &nbsp;&nbsp; 169132 |
| Qantas Airways Ltd. | 19934 | &nbsp;&nbsp; 136010 |
| QBE Insurance Group Ltd. | 89502 | &nbsp;&nbsp; 1334818 |
| Qube Holdings Ltd. | 121412 | &nbsp;&nbsp; 331262 |
| REA Group Ltd. | 4339 | &nbsp;&nbsp; 669134 |
| Rio Tinto Ltd.<sup>(a)</sup> | 15628 | &nbsp;&nbsp; 1134633 |
| Rio Tinto PLC | 39130 | &nbsp;&nbsp; 2317858 |
| Scentre Group | 97125 | &nbsp;&nbsp; 229589 |
| SGH Ltd. | 11636 | &nbsp;&nbsp; 379893 |
| Steadfast Group Ltd. | 39301 | &nbsp;&nbsp; 145853 |
| Suncorp Group Ltd. | 18979 | &nbsp;&nbsp; 252441 |
| Technology One Ltd. | 37031 | &nbsp;&nbsp; 978831 |
| Telstra Group Ltd. | 218776 | &nbsp;&nbsp; 673229 |
| Transurban Group | 78745 | &nbsp;&nbsp; 718485 |
| Washington H Soul Pattinson & Co. Ltd. | 7821 | &nbsp;&nbsp; 185817 |
| Wesfarmers Ltd. | 79335 | &nbsp;&nbsp; 4238020 |
| Westpac Banking Corp. | 28005 | &nbsp;&nbsp; 586612 |
| Woolworths Group Ltd. | 29063 | &nbsp;&nbsp; 595879 |
|  |  | &nbsp;&nbsp; 43015594 |
| **Austria-0.03%** | **Austria-0.03%** | **Austria-0.03%** |
| Verbund AG | 2379 | &nbsp;&nbsp; 185847 |
| **Belgium-0.51%** | **Belgium-0.51%** | **Belgium-0.51%** |
| Ackermans & van Haaren N.V. | 701 | &nbsp;&nbsp; 178518 |
| Anheuser-Busch InBev S.A./N.V. | 1819 | &nbsp;&nbsp; 128423 |
| Groupe Bruxelles Lambert N.V. | 2951 | &nbsp;&nbsp; 241412 |
| UCB S.A. | 12285 | &nbsp;&nbsp; 2234490 |
|  |  | &nbsp;&nbsp; 2782843 |
| **Canada-2.16%** | **Canada-2.16%** | **Canada-2.16%** |
| Brookfield Asset Management Ltd., Class A<sup>(a)</sup> | 11711 | &nbsp;&nbsp; 657628 |
| Constellation Software, Inc. | 393 | &nbsp;&nbsp; 1422214 |
| Dollarama, Inc. | 23209 | &nbsp;&nbsp; 2979300 |
| Enbridge, Inc. | 3557 | &nbsp;&nbsp; 165232 |
| Fairfax Financial Holdings Ltd. | 695 | &nbsp;&nbsp; 1180320 |
| Fortis, Inc. | 8418 | &nbsp;&nbsp; 410507 |
| Franco-Nevada Corp. | 1391 | &nbsp;&nbsp; 233868 |
| George Weston Ltd. | 1171 | &nbsp;&nbsp; 235316 |
| Hydro One Ltd.<sup>(b)</sup> | 4677 | &nbsp;&nbsp; 171882 |
| Intact Financial Corp. | 5850 | &nbsp;&nbsp; 1324701 |
| Loblaw Cos. Ltd. | 3086 | &nbsp;&nbsp; 519656 |
| Metro, Inc. | 13263 | &nbsp;&nbsp; 1032526 |
| Royal Bank of Canada<sup>(a)</sup> | 3145 | &nbsp;&nbsp; 397863 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Canada-(continued)** | **Canada-(continued)** | **Canada-(continued)** |
| TC Energy Corp. | 2909 | &nbsp;&nbsp; $147127 |
| Thomson Reuters Corp. | 4537 | &nbsp;&nbsp; 899712 |
|  |  | &nbsp;&nbsp; 11777852 |
| **China-0.07%** | **China-0.07%** | **China-0.07%** |
| BOC Hong Kong (Holdings) Ltd. | 94670 | &nbsp;&nbsp; 398113 |
| **Denmark-0.50%** | **Denmark-0.50%** | **Denmark-0.50%** |
| Carlsberg A/S, Class B | 1093 | &nbsp;&nbsp; 156436 |
| Coloplast A/S, Class B | 968 | &nbsp;&nbsp; 94099 |
| DSV A/S | 6236 | &nbsp;&nbsp; 1468314 |
| Novo Nordisk A/S, Class B | 4515 | &nbsp;&nbsp; 320744 |
| Pandora A/S | 1352 | &nbsp;&nbsp; 247109 |
| Tryg A/S | 17759 | &nbsp;&nbsp; 456816 |
|  |  | &nbsp;&nbsp; 2743518 |
| **Finland-1.29%** | **Finland-1.29%** | **Finland-1.29%** |
| Elisa OYJ<sup>(a)</sup> | 6078 | &nbsp;&nbsp; 320386 |
| Kone OYJ, Class B | 59842 | &nbsp;&nbsp; 3733289 |
| Nokia OYJ | 140384 | &nbsp;&nbsp; 730472 |
| Orion OYJ, Class B | 21244 | &nbsp;&nbsp; 1441087 |
| Sampo OYJ | 46370 | &nbsp;&nbsp; 494782 |
| UPM-Kymmene OYJ | 4984 | &nbsp;&nbsp; 137919 |
| Wartsila OYJ Abp | 7936 | &nbsp;&nbsp; 159088 |
|  |  | &nbsp;&nbsp; 7017023 |
| **France-6.51%** | **France-6.51%** | **France-6.51%** |
| Air Liquide S.A. | 13017 | &nbsp;&nbsp; 2696766 |
| Airbus S.E. | 919 | &nbsp;&nbsp; 168997 |
| bioMerieux<sup>(a)</sup> | 1524 | &nbsp;&nbsp; 204326 |
| Bureau Veritas S.A. | 23470 | &nbsp;&nbsp; 801883 |
| Cie de Saint-Gobain S.A. | 7177 | &nbsp;&nbsp; 807873 |
| &nbsp;&nbsp;&nbsp; Cie Generale des Etablissements Michelin <br> S.C.A.<br>| 17432 | &nbsp;&nbsp; 666814 |
| Danone S.A. | 20854 | &nbsp;&nbsp; 1782648 |
| Dassault Aviation S.A. | 1025 | &nbsp;&nbsp; 372746 |
| Dassault Systemes SE | 4842 | &nbsp;&nbsp; 181536 |
| ENGIE S.A. | 30093 | &nbsp;&nbsp; 649384 |
| EssilorLuxottica S.A. | 20232 | &nbsp;&nbsp; 5620543 |
| Eurazeo SE | 2257 | &nbsp;&nbsp; 157808 |
| FDJ United<sup>(b)</sup> | 2935 | &nbsp;&nbsp; 107693 |
| Hermes International S.C.A. | 2370 | &nbsp;&nbsp; 6534163 |
| Legrand S.A. | 4390 | &nbsp;&nbsp; 533099 |
| L'Oreal S.A. | 1011 | &nbsp;&nbsp; 427846 |
| LVMH Moet Hennessy Louis Vuitton SE | 462 | &nbsp;&nbsp; 250548 |
| Orange S.A. | 78624 | &nbsp;&nbsp; 1173290 |
| Publicis Groupe S.A. | 1999 | &nbsp;&nbsp; 217866 |
| Safran S.A. | 14045 | &nbsp;&nbsp; 4153180 |
| Schneider Electric SE | 22592 | &nbsp;&nbsp; 5699228 |
| Thales S.A. | 3393 | &nbsp;&nbsp; 1038997 |
| TotalEnergies SE | 8414 | &nbsp;&nbsp; 495230 |
| Veolia Environnement S.A. | 5616 | &nbsp;&nbsp; 193250 |
| Vinci S.A. | 3710 | &nbsp;&nbsp; 530013 |
|  |  | &nbsp;&nbsp; 35465727 |
| **Germany-12.03%** | **Germany-12.03%** | **Germany-12.03%** |
| adidas AG | 2158 | &nbsp;&nbsp; 538140 |
| Allianz SE | 1060 | &nbsp;&nbsp; 420337 |
| BASF S.E. | 5336 | &nbsp;&nbsp; 257268 |
| Beiersdorf AG | 3074 | &nbsp;&nbsp; 421572 |
| CTS Eventim AG & Co. KGaA | 2205 | &nbsp;&nbsp; 267412 |
| Deutsche Boerse AG | 608 | &nbsp;&nbsp; 195832 |
| Deutsche Post AG | 6080 | &nbsp;&nbsp; 272779 |
| Deutsche Telekom AG | 476671 | &nbsp;&nbsp; 18047622 |

---

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

------

**Invesco International Developed Dynamic Multifactor ETF (IMFL)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Germany-(continued)** | **Germany-(continued)** | **Germany-(continued)** |
| DWS Group GmbH & Co. KGaA<sup>(b)</sup> | 2680 | &nbsp;&nbsp; $150505 |
| E.ON SE | 14380 | &nbsp;&nbsp; 251981 |
| Evonik Industries AG | 7379 | &nbsp;&nbsp; 159893 |
| Fresenius Medical Care AG | 4151 | &nbsp;&nbsp; 235755 |
| Fresenius SE & Co. KGaA | 14848 | &nbsp;&nbsp; 727559 |
| FUCHS SE, Preference Shares | 5420 | &nbsp;&nbsp; 273687 |
| GEA Group AG | 38776 | &nbsp;&nbsp; 2596630 |
| Heidelberg Materials AG | 11607 | &nbsp;&nbsp; 2274704 |
| Henkel AG & Co. KGaA | 10609 | &nbsp;&nbsp; 778830 |
| Henkel AG & Co. KGaA, Preference Shares | 19314 | &nbsp;&nbsp; 1547264 |
| Infineon Technologies AG | 4431 | &nbsp;&nbsp; 172246 |
| Knorr-Bremse AG | 3065 | &nbsp;&nbsp; 310079 |
| MTU Aero Engines AG | 1111 | &nbsp;&nbsp; 444288 |
| &nbsp;&nbsp;&nbsp; Muenchener Rueckversicherungs-Gesellschaft <br> AG in Muenchen, Class R<br>| 697 | &nbsp;&nbsp; 451488 |
| Nemetschek SE | 2166 | &nbsp;&nbsp; 301067 |
| Rational AG | 190 | &nbsp;&nbsp; 156197 |
| RWE AG | 4891 | &nbsp;&nbsp; 184124 |
| SAP SE | 91285 | &nbsp;&nbsp; 27610713 |
| Scout24 SE<sup>(b)</sup> | 13697 | &nbsp;&nbsp; 1865949 |
| Siemens AG | 18224 | &nbsp;&nbsp; 4382528 |
| Siemens Healthineers AG<sup>(b)</sup> | 4271 | &nbsp;&nbsp; 226013 |
|  |  | &nbsp;&nbsp; 65522462 |
| **Hong Kong-1.52%** | **Hong Kong-1.52%** | **Hong Kong-1.52%** |
| AIA Group Ltd. | 40958 | &nbsp;&nbsp; 340920 |
| Cathay Pacific Airways Ltd.<sup>(a)</sup> | 159432 | &nbsp;&nbsp; 214409 |
| CK Asset Holdings Ltd. | 35648 | &nbsp;&nbsp; 147244 |
| CK Hutchison Holdings Ltd. | 58127 | &nbsp;&nbsp; 325011 |
| CK Infrastructure Holdings Ltd. | 35005 | &nbsp;&nbsp; 226190 |
| CLP Holdings Ltd. | 69849 | &nbsp;&nbsp; 591476 |
| Hang Seng Bank Ltd. | 14456 | &nbsp;&nbsp; 201806 |
| Hong Kong & China Gas Co. Ltd. (The) | 392942 | &nbsp;&nbsp; 344918 |
| Hong Kong Exchanges & Clearing Ltd. | 51058 | &nbsp;&nbsp; 2553998 |
| Jardine Matheson Holdings Ltd. | 6536 | &nbsp;&nbsp; 291548 |
| MTR Corp. Ltd.<sup>(a)</sup> | 45552 | &nbsp;&nbsp; 158805 |
| PCCW Ltd. | 339009 | &nbsp;&nbsp; 225561 |
| Power Assets Holdings Ltd. | 253586 | &nbsp;&nbsp; 1603490 |
| Techtronic Industries Co. Ltd. | 29054 | &nbsp;&nbsp; 323594 |
| VTech Holdings Ltd. | 39767 | &nbsp;&nbsp; 264285 |
| WH Group Ltd. | 524261 | &nbsp;&nbsp; 482165 |
|  |  | &nbsp;&nbsp; 8295420 |
| **Ireland-0.14%** | **Ireland-0.14%** | **Ireland-0.14%** |
| Kerry Group PLC, Class A | 6892 | &nbsp;&nbsp; 753264 |
| **Israel-0.51%** | **Israel-0.51%** | **Israel-0.51%** |
| Bank Hapoalim B.M. | 29283 | &nbsp;&nbsp; 490474 |
| Bank Leumi le-Israel B.M. | 69648 | &nbsp;&nbsp; 1122196 |
| &nbsp;&nbsp;&nbsp; Bezeq The Israeli Telecommunication Corp. <br> Ltd.<br>| 96966 | &nbsp;&nbsp; 151238 |
| Elbit Systems Ltd. | 1378 | &nbsp;&nbsp; 552831 |
| Israel Discount Bank Ltd., Class A | 31845 | &nbsp;&nbsp; 270769 |
| Shufersal Ltd. | 19851 | &nbsp;&nbsp; 198770 |
|  |  | &nbsp;&nbsp; 2786278 |
| **Italy-1.23%** | **Italy-1.23%** | **Italy-1.23%** |
| Assicurazioni Generali S.p.A.<sup>(a)</sup> | 3441 | &nbsp;&nbsp; 125231 |
| Buzzi S.p.A. | 3360 | &nbsp;&nbsp; 172833 |
| Coca-Cola HBC AG<sup>(c)</sup> | 20814 | &nbsp;&nbsp; 1085638 |
| Enel S.p.A. | 60685 | &nbsp;&nbsp; 557719 |
| Ferrari N.V. | 9688 | &nbsp;&nbsp; 4636211 |
| Intesa Sanpaolo S.p.A. | 25191 | &nbsp;&nbsp; 140610 |
|  |  | &nbsp;&nbsp; 6718242 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Japan-17.94%** | **Japan-17.94%** | **Japan-17.94%** |
| Ajinomoto Co., Inc. | 7934 | &nbsp;&nbsp; $197799 |
| Azbil Corp. | 38224 | &nbsp;&nbsp; 334860 |
| Bandai Namco Holdings, Inc. | 98200 | &nbsp;&nbsp; 3111314 |
| Bridgestone Corp. | 14811 | &nbsp;&nbsp; 634149 |
| Brother Industries Ltd. | 5940 | &nbsp;&nbsp; 101093 |
| Canon Marketing Japan, Inc. | 7724 | &nbsp;&nbsp; 285817 |
| Canon, Inc.<sup>(a)</sup> | 95577 | &nbsp;&nbsp; 2911689 |
| Capcom Co. Ltd. | 17102 | &nbsp;&nbsp; 505950 |
| Chugai Pharmaceutical Co. Ltd. | 75645 | &nbsp;&nbsp; 3943873 |
| COMSYS Holdings Corp. | 5148 | &nbsp;&nbsp; 117708 |
| Dai Nippon Printing Co. Ltd. | 8075 | &nbsp;&nbsp; 118750 |
| Daito Trust Construction Co. Ltd. | 1437 | &nbsp;&nbsp; 161420 |
| Daiwa House Industry Co. Ltd. | 13367 | &nbsp;&nbsp; 449432 |
| East Japan Railway Co. | 10892 | &nbsp;&nbsp; 227640 |
| ENEOS Holdings, Inc. | 103334 | &nbsp;&nbsp; 488250 |
| EXEO Group, Inc. | 10596 | &nbsp;&nbsp; 134673 |
| FANUC Corp. | 29246 | &nbsp;&nbsp; 778390 |
| Fast Retailing Co. Ltd. | 4158 | &nbsp;&nbsp; 1381147 |
| FUJIFILM Holdings Corp. | 5940 | &nbsp;&nbsp; 133710 |
| Fujitec Co. Ltd. | 16240 | &nbsp;&nbsp; 644873 |
| Fujitsu Ltd. | 106954 | &nbsp;&nbsp; 2442712 |
| Hikari Tsushin, Inc. | 596 | &nbsp;&nbsp; 161789 |
| Hirose Electric Co. Ltd. | 3068 | &nbsp;&nbsp; 358605 |
| Hitachi Ltd. | 343205 | &nbsp;&nbsp; 9535298 |
| Hoshizaki Corp. | 7724 | &nbsp;&nbsp; 286902 |
| Hoya Corp. | 5057 | &nbsp;&nbsp; 595415 |
| ITOCHU Corp. | 10897 | &nbsp;&nbsp; 576768 |
| Japan Real Estate Investment Corp. | 158 | &nbsp;&nbsp; 127928 |
| Japan Tobacco, Inc. | 22518 | &nbsp;&nbsp; 688817 |
| Kajima Corp. | 6140 | &nbsp;&nbsp; 150839 |
| Kamigumi Co. Ltd. | 6709 | &nbsp;&nbsp; 185237 |
| Kandenko Co. Ltd. | 16127 | &nbsp;&nbsp; 331057 |
| Kao Corp. | 52321 | &nbsp;&nbsp; 2381906 |
| KDDI Corp. | 348370 | &nbsp;&nbsp; 6013746 |
| KDX Realty Investment Corp. | 326 | &nbsp;&nbsp; 342498 |
| Kewpie Corp.<sup>(a)</sup> | 5809 | &nbsp;&nbsp; 136610 |
| Keyence Corp. | 2626 | &nbsp;&nbsp; 1096119 |
| Kinden Corp. | 26258 | &nbsp;&nbsp; 708233 |
| Kokuyo Co. Ltd.<sup>(a)</sup> | 19012 | &nbsp;&nbsp; 401043 |
| Komatsu Ltd. | 16932 | &nbsp;&nbsp; 513157 |
| Konami Group Corp. | 5088 | &nbsp;&nbsp; 688743 |
| Kuraray Co. Ltd. | 19708 | &nbsp;&nbsp; 248839 |
| Lion Corp. | 40600 | &nbsp;&nbsp; 439165 |
| Makita Corp. | 7128 | &nbsp;&nbsp; 217777 |
| Medipal Holdings Corp. | 7824 | &nbsp;&nbsp; 122021 |
| MEIJI Holdings Co. Ltd. | 6351 | &nbsp;&nbsp; 141613 |
| MISUMI Group, Inc. | 10792 | &nbsp;&nbsp; 141951 |
| Mitsubishi Electric Corp. | 53816 | &nbsp;&nbsp; 1071029 |
| Mitsubishi Heavy Industries Ltd. | 18899 | &nbsp;&nbsp; 433970 |
| Mitsubishi UFJ Financial Group, Inc. | 14240 | &nbsp;&nbsp; 198641 |
| Mizuho Financial Group, Inc. | 4160 | &nbsp;&nbsp; 115362 |
| MS&AD Insurance Group Holdings, Inc. | 6035 | &nbsp;&nbsp; 143346 |
| Murata Manufacturing Co. Ltd. | 31152 | &nbsp;&nbsp; 450726 |
| NEC Corp. | 28465 | &nbsp;&nbsp; 740972 |
| Nichias Corp. | 4952 | &nbsp;&nbsp; 170592 |
| Nintendo Co. Ltd. | 262262 | &nbsp;&nbsp; 21337711 |
| Nippon Building Fund, Inc. | 166 | &nbsp;&nbsp; 151286 |
| Nippon Shokubai Co. Ltd. | 24330 | &nbsp;&nbsp; 279471 |
| Nippon Telegraph & Telephone Corp. | 195610 | &nbsp;&nbsp; 217187 |
| Nitto Denko Corp. | 48924 | &nbsp;&nbsp; 887474 |
| NOF Corp. | 10992 | &nbsp;&nbsp; 193873 |
| Nomura Research Institute Ltd. | 24753 | &nbsp;&nbsp; 951533 |

---

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

------

**Invesco International Developed Dynamic Multifactor ETF (IMFL)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Japan-(continued)** | **Japan-(continued)** | **Japan-(continued)** |
| Obayashi Corp. | 9804 | &nbsp;&nbsp; $147517 |
| OBIC Co. Ltd. | 9253 | &nbsp;&nbsp; 336757 |
| Osaka Gas Co. Ltd. | 10516 | &nbsp;&nbsp; 266999 |
| Otsuka Corp. | 10273 | &nbsp;&nbsp; 210577 |
| Otsuka Holdings Co. Ltd. | 36693 | &nbsp;&nbsp; 1860300 |
| Panasonic Holdings Corp. | 14556 | &nbsp;&nbsp; 166371 |
| Recruit Holdings Co. Ltd. | 35779 | &nbsp;&nbsp; 2125098 |
| Rinnai Corp. | 4867 | &nbsp;&nbsp; 121015 |
| Sankyo Co. Ltd. | 36922 | &nbsp;&nbsp; 642173 |
| Santen Pharmaceutical Co. Ltd. | 16546 | &nbsp;&nbsp; 183551 |
| Sanwa Holdings Corp. | 33947 | &nbsp;&nbsp; 1165463 |
| SCSK Corp. | 18147 | &nbsp;&nbsp; 549277 |
| SECOM Co. Ltd. | 14872 | &nbsp;&nbsp; 540050 |
| Seino Holdings Co. Ltd.<sup>(a)</sup> | 9804 | &nbsp;&nbsp; 146923 |
| Sekisui Chemical Co. Ltd. | 39605 | &nbsp;&nbsp; 686105 |
| Shimadzu Corp. | 6120 | &nbsp;&nbsp; 147359 |
| Shin-Etsu Chemical Co. Ltd. | 4732 | &nbsp;&nbsp; 150675 |
| Shionogi & Co. Ltd. | 8140 | &nbsp;&nbsp; 135541 |
| Skylark Holdings Co. Ltd. | 7128 | &nbsp;&nbsp; 156961 |
| SoftBank Corp. | 2091707 | &nbsp;&nbsp; 3205120 |
| Sohgo Security Services Co. Ltd. | 82292 | &nbsp;&nbsp; 571159 |
| Sompo Holdings, Inc. | 28074 | &nbsp;&nbsp; 847202 |
| Sony Group Corp. | 164116 | &nbsp;&nbsp; 4380541 |
| Square Enix Holdings Co. Ltd. | 2476 | &nbsp;&nbsp; 155103 |
| Sumitomo Electric Industries Ltd. | 13204 | &nbsp;&nbsp; 276196 |
| Sumitomo Mitsui Financial Group, Inc. | 5844 | &nbsp;&nbsp; 149722 |
| Suntory Beverage & Food Ltd. | 4040 | &nbsp;&nbsp; 130819 |
| Suzuken Co. Ltd. | 4927 | &nbsp;&nbsp; 181015 |
| TDK Corp. | 12867 | &nbsp;&nbsp; 140506 |
| TIS, Inc. | 12676 | &nbsp;&nbsp; 414581 |
| Toho Co. Ltd.<sup>(a)</sup> | 16636 | &nbsp;&nbsp; 874585 |
| Tokio Marine Holdings, Inc. | 18478 | &nbsp;&nbsp; 779311 |
| Tokyo Gas Co. Ltd. | 5348 | &nbsp;&nbsp; 178835 |
| Tomy Co. Ltd. | 8120 | &nbsp;&nbsp; 171605 |
| TOPPAN Holdings, Inc. | 16499 | &nbsp;&nbsp; 436897 |
| Toray Industries, Inc. | 24756 | &nbsp;&nbsp; 170313 |
| Tosoh Corp. | 10496 | &nbsp;&nbsp; 154905 |
| Toyo Suisan Kaisha Ltd. | 3524 | &nbsp;&nbsp; 233151 |
| Trend Micro, Inc. | 8441 | &nbsp;&nbsp; 630413 |
| USS Co. Ltd. | 45652 | &nbsp;&nbsp; 493272 |
| Zenkoku Hosho Co. Ltd. | 11112 | &nbsp;&nbsp; 245352 |
| Zeon Corp. | 12280 | &nbsp;&nbsp; 123175 |
|  |  | &nbsp;&nbsp; 97722988 |
| **Luxembourg-0.05%** | **Luxembourg-0.05%** | **Luxembourg-0.05%** |
| CVC Capital Partners PLC<sup>(b)</sup> | 13705 | &nbsp;&nbsp; 254986 |
| **Netherlands-1.89%** | **Netherlands-1.89%** | **Netherlands-1.89%** |
| ASML Holding N.V. | 302 | &nbsp;&nbsp; 222456 |
| EXOR N.V. | 1426 | &nbsp;&nbsp; 137269 |
| Heineken N.V. | 2010 | &nbsp;&nbsp; 179286 |
| Koninklijke Ahold Delhaize N.V. | 58482 | &nbsp;&nbsp; 2467743 |
| Koninklijke KPN N.V. | 173208 | &nbsp;&nbsp; 814189 |
| Koninklijke Philips N.V. | 4988 | &nbsp;&nbsp; 115001 |
| Universal Music Group N.V.<sup>(a)</sup> | 8378 | &nbsp;&nbsp; 268028 |
| Wolters Kluwer N.V. | 34474 | &nbsp;&nbsp; 6112193 |
|  |  | &nbsp;&nbsp; 10316165 |
| **New Zealand-0.31%** | **New Zealand-0.31%** | **New Zealand-0.31%** |
| Contact Energy Ltd.<sup>(a)</sup> | 52940 | &nbsp;&nbsp; 289725 |
| Fisher & Paykel Healthcare Corp. Ltd. | 55649 | &nbsp;&nbsp; 1210048 |
| Xero Ltd.<sup>(c)</sup> | 1649 | &nbsp;&nbsp; 195563 |
|  |  | &nbsp;&nbsp; 1695336 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Norway-0.92%** | **Norway-0.92%** | **Norway-0.92%** |
| Equinor ASA | 6977 | &nbsp;&nbsp; $163181 |
| Gjensidige Forsikring ASA | 9550 | &nbsp;&nbsp; 241554 |
| Kongsberg Gruppen ASA | 13741 | &nbsp;&nbsp; 2417759 |
| Orkla ASA | 143596 | &nbsp;&nbsp; 1626680 |
| Telenor ASA | 35192 | &nbsp;&nbsp; 539824 |
|  |  | &nbsp;&nbsp; 4988998 |
| **Poland-0.06%** | **Poland-0.06%** | **Poland-0.06%** |
| Dino Polska S.A.<sup>(b)(c)</sup> | 2319 | &nbsp;&nbsp; 340243 |
| **Portugal-0.13%** | **Portugal-0.13%** | **Portugal-0.13%** |
| Jeronimo Martins SGPS S.A. | 27329 | &nbsp;&nbsp; 688740 |
| **Singapore-1.55%** | **Singapore-1.55%** | **Singapore-1.55%** |
| CapitaLand Ascendas REIT | 64764 | &nbsp;&nbsp; 132925 |
| DBS Group Holdings Ltd. | 42702 | &nbsp;&nbsp; 1473497 |
| Keppel DC REIT | 111208 | &nbsp;&nbsp; 188669 |
| Oversea-Chinese Banking Corp. Ltd. | 74855 | &nbsp;&nbsp; 940299 |
| Singapore Exchange Ltd. | 228208 | &nbsp;&nbsp; 2478763 |
| Singapore Technologies Engineering Ltd. | 142850 | &nbsp;&nbsp; 863735 |
| Singapore Telecommunications Ltd. | 631326 | &nbsp;&nbsp; 1864111 |
| United Overseas Bank Ltd. | 18765 | &nbsp;&nbsp; 515530 |
|  |  | &nbsp;&nbsp; 8457529 |
| **South Korea-5.30%** | **South Korea-5.30%** | **South Korea-5.30%** |
| Cheil Worldwide, Inc. | 9162 | &nbsp;&nbsp; 121828 |
| Coway Co. Ltd. | 6147 | &nbsp;&nbsp; 395284 |
| &nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore Engineering <br> Co. Ltd.<br>| 6346 | &nbsp;&nbsp; 1450224 |
| Hyundai Glovis Co. Ltd. | 3840 | &nbsp;&nbsp; 315119 |
| Hyundai Mobis Co. Ltd. | 1941 | &nbsp;&nbsp; 355817 |
| KB Financial Group, Inc. | 2144 | &nbsp;&nbsp; 161323 |
| Kia Corp. | 1915 | &nbsp;&nbsp; 123849 |
| Korean Air Lines Co. Ltd. | 10793 | &nbsp;&nbsp; 175830 |
| Krafton, Inc.<sup>(c)</sup> | 827 | &nbsp;&nbsp; 220895 |
| KT&G Corp. | 18167 | &nbsp;&nbsp; 1579446 |
| NAVER Corp. | 8783 | &nbsp;&nbsp; 1190170 |
| Orion Corp. | 3656 | &nbsp;&nbsp; 292001 |
| S-1 Corp. | 3724 | &nbsp;&nbsp; 178352 |
| Samsung Biologics Co. Ltd.<sup>(b)(c)</sup> | 6417 | &nbsp;&nbsp; 4796560 |
| Samsung C&T Corp. | 2382 | &nbsp;&nbsp; 258177 |
| Samsung Electro-Mechanics Co. Ltd. | 2227 | &nbsp;&nbsp; 196574 |
| Samsung Electronics Co. Ltd. | 90299 | &nbsp;&nbsp; 3664126 |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co. Ltd., Preference <br> Shares<br>| 14396 | &nbsp;&nbsp; 479788 |
| Samsung Fire & Marine Insurance Co. Ltd. | 2498 | &nbsp;&nbsp; 731066 |
| SK hynix, Inc. | 80075 | &nbsp;&nbsp; 11811953 |
| Yuhan Corp. | 5213 | &nbsp;&nbsp; 394054 |
|  |  | &nbsp;&nbsp; 28892436 |
| **Spain-1.63%** | **Spain-1.63%** | **Spain-1.63%** |
| &nbsp;&nbsp;&nbsp; ACS Actividades de Construccion y Servicios <br> S.A.<br>| 3374 | &nbsp;&nbsp; 221586 |
| Aena SME S.A.<sup>(b)</sup> | 1836 | &nbsp;&nbsp; 493862 |
| Amadeus IT Group S.A. | 4138 | &nbsp;&nbsp; 344098 |
| Endesa S.A. | 15977 | &nbsp;&nbsp; 488154 |
| Iberdrola S.A. | 225404 | &nbsp;&nbsp; 4130878 |
| Industria de Diseno Textil S.A. | 49363 | &nbsp;&nbsp; 2673786 |
| Naturgy Energy Group S.A.<sup>(a)</sup> | 6069 | &nbsp;&nbsp; 179598 |
| Redeia Corp. S.A. | 7452 | &nbsp;&nbsp; 154137 |
| Telefonica S.A. | 38544 | &nbsp;&nbsp; 206412 |
|  |  | &nbsp;&nbsp; 8892511 |
| **Sweden-3.42%** | **Sweden-3.42%** | **Sweden-3.42%** |
| AAK AB<sup>(a)</sup> | 5116 | &nbsp;&nbsp; 142604 |

---

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

------

**Invesco International Developed Dynamic Multifactor ETF (IMFL)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Sweden-(continued)** | **Sweden-(continued)** | **Sweden-(continued)** |
| Alfa Laval AB | 5325 | &nbsp;&nbsp; $226125 |
| Assa Abloy AB, Class B | 7856 | &nbsp;&nbsp; 248887 |
| Atlas Copco AB, Class A | 40306 | &nbsp;&nbsp; 646215 |
| Atlas Copco AB, Class B | 23183 | &nbsp;&nbsp; 329410 |
| Boliden AB<sup>(c)</sup> | 3510 | &nbsp;&nbsp; 109528 |
| Essity AB, Class B | 27059 | &nbsp;&nbsp; 790108 |
| Industrivarden AB, Class A | 7729 | &nbsp;&nbsp; 279676 |
| Industrivarden AB, Class C<sup>(a)</sup> | 11627 | &nbsp;&nbsp; 419456 |
| Investor AB, Class A | 91379 | &nbsp;&nbsp; 2682668 |
| Investor AB, Class B | 333667 | &nbsp;&nbsp; 9807383 |
| Securitas AB, Class B | 9619 | &nbsp;&nbsp; 141985 |
| Skanska AB, Class B | 5468 | &nbsp;&nbsp; 129842 |
| Tele2 AB, Class B | 49119 | &nbsp;&nbsp; 733550 |
| Telefonaktiebolaget LM Ericsson, Class B<sup>(a)</sup> | 125593 | &nbsp;&nbsp; 1067115 |
| Telia Co. AB | 132525 | &nbsp;&nbsp; 511517 |
| Volvo AB, Class B<sup>(a)</sup> | 13078 | &nbsp;&nbsp; 361695 |
|  |  | &nbsp;&nbsp; 18627764 |
| **Switzerland-7.01%** | **Switzerland-7.01%** | **Switzerland-7.01%** |
| ABB Ltd. | 98436 | &nbsp;&nbsp; 5586014 |
| Belimo Holding AG | 380 | &nbsp;&nbsp; 368339 |
| Chocoladefabriken Lindt & Spruengli AG | 2 | &nbsp;&nbsp; 314775 |
| Chocoladefabriken Lindt & Spruengli AG, PC<sup>(a)</sup> | 21 | &nbsp;&nbsp; 338731 |
| Cie Financiere Richemont S.A. | 728 | &nbsp;&nbsp; 137621 |
| DSM-Firmenich AG | 2854 | &nbsp;&nbsp; 317649 |
| EMS-Chemie Holding AG | 202 | &nbsp;&nbsp; 153772 |
| Geberit AG | 783 | &nbsp;&nbsp; 585879 |
| Givaudan S.A. | 57 | &nbsp;&nbsp; 287164 |
| Lonza Group AG<sup>(c)</sup> | 364 | &nbsp;&nbsp; 253027 |
| Nestle S.A. | 14283 | &nbsp;&nbsp; 1524356 |
| Partners Group Holding AG | 746 | &nbsp;&nbsp; 1003175 |
| PSP Swiss Property AG | 1315 | &nbsp;&nbsp; 231862 |
| Roche Holding AG | 70054 | &nbsp;&nbsp; 22733857 |
| Roche Holding AG, BR | 2647 | &nbsp;&nbsp; 906061 |
| Sandoz Group AG<sup>(a)</sup> | 6080 | &nbsp;&nbsp; 309858 |
| Schindler Holding AG | 1853 | &nbsp;&nbsp; 638372 |
| Schindler Holding AG, PC | 3659 | &nbsp;&nbsp; 1306159 |
| SGS S.A. | 3742 | &nbsp;&nbsp; 391517 |
| Sonova Holding AG, Class A | 331 | &nbsp;&nbsp; 104152 |
| Swiss Prime Site AG | 1053 | &nbsp;&nbsp; 150014 |
| Zurich Insurance Group AG | 743 | &nbsp;&nbsp; 522088 |
|  |  | &nbsp;&nbsp; 38164442 |
| **United Kingdom-18.86%** | **United Kingdom-18.86%** | **United Kingdom-18.86%** |
| 3i Group PLC | 443672 | &nbsp;&nbsp; 24390488 |
| Admiral Group PLC | 7437 | &nbsp;&nbsp; 336237 |
| AstraZeneca PLC | 93102 | &nbsp;&nbsp; 13650119 |
| Auto Trader Group PLC<sup>(b)</sup> | 30800 | &nbsp;&nbsp; 330150 |
| BAE Systems PLC | 25098 | &nbsp;&nbsp; 644083 |
| Beazley PLC | 32910 | &nbsp;&nbsp; 419750 |
| British American Tobacco PLC | 163760 | &nbsp;&nbsp; 7378788 |
| BT Group PLC<sup>(a)</sup> | 114658 | &nbsp;&nbsp; 277854 |
| Bunzl PLC | 7297 | &nbsp;&nbsp; 234085 |
| Coca-Cola Europacific Partners PLC | 6985 | &nbsp;&nbsp; 641842 |
| Compass Group PLC | 118247 | &nbsp;&nbsp; 4161611 |
| Diploma PLC | 7405 | &nbsp;&nbsp; 468581 |
| Haleon PLC | 624941 | &nbsp;&nbsp; 3491736 |
| Halma PLC | 30582 | &nbsp;&nbsp; 1200008 |
| Hikma Pharmaceuticals PLC | 8946 | &nbsp;&nbsp; 258460 |
| HSBC Holdings PLC | 41343 | &nbsp;&nbsp; 487497 |
| IMI PLC | 6174 | &nbsp;&nbsp; 165775 |
| Imperial Brands PLC | 185659 | &nbsp;&nbsp; 7047339 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **United Kingdom-(continued)** | **United Kingdom-(continued)** | **United Kingdom-(continued)** |
| InterContinental Hotels Group PLC | 6633 | &nbsp;&nbsp; $760741 |
| Intertek Group PLC | 8498 | &nbsp;&nbsp; 549193 |
| J Sainsbury PLC | 38106 | &nbsp;&nbsp; 146687 |
| National Grid PLC<sup>(a)</sup> | 72293 | &nbsp;&nbsp; 1024636 |
| Next PLC | 4539 | &nbsp;&nbsp; 788432 |
| Pearson PLC | 23719 | &nbsp;&nbsp; 372858 |
| Reckitt Benckiser Group PLC | 71131 | &nbsp;&nbsp; 4839625 |
| RELX PLC | 140183 | &nbsp;&nbsp; 7550559 |
| Rightmove PLC | 35623 | &nbsp;&nbsp; 359270 |
| Sage Group PLC (The) | 46182 | &nbsp;&nbsp; 760199 |
| Shell PLC | 98392 | &nbsp;&nbsp; 3249332 |
| Smith & Nephew PLC | 8332 | &nbsp;&nbsp; 121015 |
| Smiths Group PLC | 51156 | &nbsp;&nbsp; 1488311 |
| SSE PLC | 10888 | &nbsp;&nbsp; 259431 |
| Tesco PLC | 683182 | &nbsp;&nbsp; 3578026 |
| Unilever PLC | 175136 | &nbsp;&nbsp; 11155830 |
| Vodafone Group PLC | 134003 | &nbsp;&nbsp; 139094 |
|  |  | &nbsp;&nbsp; 102727642 |
| **United States-6.05%** | **United States-6.05%** | **United States-6.05%** |
| Alcon AG | 5630 | &nbsp;&nbsp; 485694 |
| BP PLC | 21654 | &nbsp;&nbsp; 105378 |
| Experian PLC | 35732 | &nbsp;&nbsp; 1781230 |
| Ferrovial SE | 6815 | &nbsp;&nbsp; 347127 |
| GSK PLC | 34252 | &nbsp;&nbsp; 696414 |
| Holcim AG<sup>(c)</sup> | 20426 | &nbsp;&nbsp; 2267404 |
| Novartis AG | 150426 | &nbsp;&nbsp; 17394187 |
| Oracle Corp.<sup>(a)(c)</sup> | 2000 | &nbsp;&nbsp; 233644 |
| Sanofi S.A. | 87515 | &nbsp;&nbsp; 8666050 |
| Swiss Re AG | 1167 | &nbsp;&nbsp; 206566 |
| Waste Connections, Inc. | 3853 | &nbsp;&nbsp; 757345 |
|  |  | &nbsp;&nbsp; 32941039 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $484,848,890) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $484,848,890) | &nbsp;&nbsp; 542173002 |
| **Money Market Funds-0.23%** | **Money Market Funds-0.23%** | **Money Market Funds-0.23%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.24%<sup>(d)(e)</sup> <br>(Cost $1,234,800)<br>| 1234800 | &nbsp;&nbsp; 1234800 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.75% <br>(Cost $486,083,690) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.75% <br>(Cost $486,083,690) | &nbsp;&nbsp; 543407802 |
| **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-1.81%** | **Money Market Funds-1.81%** | **Money Market Funds-1.81%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.29%<sup>(d)(e)(f)</sup><br>| 2730884 | &nbsp;&nbsp; 2730884 |
| Invesco Private Prime Fund, 4.45%<sup>(d)(e)(f)</sup> | 7105956 | &nbsp;&nbsp; 7107377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $9,838,261) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $9,838,261) | &nbsp;&nbsp; 9838261 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.56% <br>(Cost $495,921,951) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-101.56% <br>(Cost $495,921,951) | &nbsp;&nbsp; 553246063 |
| OTHER ASSETS LESS LIABILITIES-(1.56)% | OTHER ASSETS LESS LIABILITIES-(1.56)% | &nbsp;&nbsp; (8474712)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $544771351 |

---

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

------

**Invesco International Developed Dynamic Multifactor ETF (IMFL)—(continued)**

May 31, 2025

*(Unaudited)*

---

| |
|:---|
| Investment Abbreviations: |
| BR-Bearer Shares |
| PC-Participation Certificate |
| 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> | All or a portion of this security was out on loan at May 31, 2025. |
| <sup>(b)</sup> | Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the "1933 Act"). The security may be <br> resold pursuant to an exemption from registration under the 1933 Act, typically to qualified institutional buyers. The aggregate value of these securities at <br> May 31, 2025 was $8,737,843, which represented 1.60% of the Fund's Net Assets.<br>|
| <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 nine months ended May 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2024**<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>**May 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $18651957 | &nbsp;&nbsp;&nbsp; $(17417157)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $1234800 | &nbsp;&nbsp;&nbsp; $6899 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 570928 | &nbsp;&nbsp;&nbsp; 28024290 | &nbsp;&nbsp;&nbsp; (25864334)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 2730884 | &nbsp;&nbsp;&nbsp; 111,815<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 1489084 | &nbsp;&nbsp;&nbsp; 69107241 | &nbsp;&nbsp;&nbsp; (63487835)<br>| &nbsp;&nbsp;&nbsp; (83)<br>| &nbsp;&nbsp;&nbsp; (1030)<br>| &nbsp;&nbsp;&nbsp; 7107377 | &nbsp;&nbsp;&nbsp; 296,839<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $2060012 | &nbsp;&nbsp;&nbsp; $115783488 | &nbsp;&nbsp;&nbsp; $(106769326)<br>| &nbsp;&nbsp;&nbsp; $(83)<br>| &nbsp;&nbsp;&nbsp; $(1030)<br>| &nbsp;&nbsp;&nbsp; $11073061 | &nbsp;&nbsp;&nbsp; $415553 |

---

&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 May 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 Russell 1000**<sup>®</sup> **Dynamic Multifactor ETF (OMFL)**

May 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%** |
| **Communication Services-12.22%** | **Communication Services-12.22%** | **Communication Services-12.22%** |
| Alphabet, Inc., Class A | 742668 | &nbsp;&nbsp; $127545802 |
| Alphabet, Inc., Class C | 628810 | &nbsp;&nbsp; 108689808 |
| AT&T, Inc. | 1155777 | &nbsp;&nbsp; 32130601 |
| Comcast Corp., Class A | 84194 | &nbsp;&nbsp; 2910587 |
| Electronic Arts, Inc. | 48401 | &nbsp;&nbsp; 6959096 |
| Liberty Broadband Corp.<sup>(b)(c)</sup> | 64295 | &nbsp;&nbsp; 0 |
| Meta Platforms, Inc., Class A | 308856 | &nbsp;&nbsp; 199981171 |
| Netflix, Inc.<sup>(b)</sup> | 41390 | &nbsp;&nbsp; 49967250 |
| New York Times Co. (The), Class A | 25942 | &nbsp;&nbsp; 1481807 |
| Spotify Technology S.A. (Sweden)<sup>(b)</sup> | 5520 | &nbsp;&nbsp; 3671573 |
| T-Mobile US, Inc. | 113293 | &nbsp;&nbsp; 27439565 |
| Verizon Communications, Inc. | 408362 | &nbsp;&nbsp; 17951593 |
| Walt Disney Co. (The) | 74722 | &nbsp;&nbsp; 8446575 |
|  |  | &nbsp;&nbsp; 587175428 |
| **Consumer Discretionary-10.43%** | **Consumer Discretionary-10.43%** | **Consumer Discretionary-10.43%** |
| Amazon.com, Inc.<sup>(b)</sup> | 1101377 | &nbsp;&nbsp; 225793299 |
| AutoZone, Inc.<sup>(b)</sup> | 1731 | &nbsp;&nbsp; 6461892 |
| Booking Holdings, Inc. | 11520 | &nbsp;&nbsp; 63578073 |
| Chipotle Mexican Grill, Inc.<sup>(b)</sup> | 279923 | &nbsp;&nbsp; 14018544 |
| eBay, Inc. | 86887 | &nbsp;&nbsp; 6357522 |
| Garmin Ltd. | 44041 | &nbsp;&nbsp; 8939002 |
| General Motors Co. | 46516 | &nbsp;&nbsp; 2307659 |
| Hilton Worldwide Holdings, Inc. | 29875 | &nbsp;&nbsp; 7422145 |
| Home Depot, Inc. (The) | 139020 | &nbsp;&nbsp; 51199676 |
| Lennar Corp., Class A | 9608 | &nbsp;&nbsp; 1019217 |
| Lowe's Cos., Inc. | 32771 | &nbsp;&nbsp; 7397398 |
| Marriott International, Inc., Class A | 10589 | &nbsp;&nbsp; 2793696 |
| McDonald's Corp. | 40710 | &nbsp;&nbsp; 12776833 |
| NIKE, Inc., Class B | 23592 | &nbsp;&nbsp; 1429439 |
| NVR, Inc.<sup>(b)</sup> | 494 | &nbsp;&nbsp; 3515269 |
| O'Reilly Automotive, Inc.<sup>(b)</sup> | 18240 | &nbsp;&nbsp; 24943200 |
| PulteGroup, Inc. | 12879 | &nbsp;&nbsp; 1262528 |
| Ross Stores, Inc. | 7422 | &nbsp;&nbsp; 1039748 |
| SharkNinja, Inc.<sup>(b)(d)</sup> | 13242 | &nbsp;&nbsp; 1217337 |
| Starbucks Corp. | 19491 | &nbsp;&nbsp; 1636269 |
| Texas Roadhouse, Inc. | 11623 | &nbsp;&nbsp; 2268926 |
| TJX Cos., Inc. (The) | 355711 | &nbsp;&nbsp; 45139726 |
| Tractor Supply Co.<sup>(d)</sup> | 154549 | &nbsp;&nbsp; 7480172 |
| Yum! Brands, Inc. | 9330 | &nbsp;&nbsp; 1342960 |
|  |  | &nbsp;&nbsp; 501340530 |
| **Consumer Staples-16.42%** | **Consumer Staples-16.42%** | **Consumer Staples-16.42%** |
| Altria Group, Inc. | 677049 | &nbsp;&nbsp; 41035940 |
| BellRing Brands, Inc.<sup>(b)</sup> | 21083 | &nbsp;&nbsp; 1327175 |
| &nbsp;&nbsp;&nbsp; BJ's Wholesale Club Holdings, Inc., <br> Class C<sup>(b)</sup><br>| 14694 | &nbsp;&nbsp; 1663508 |
| Church & Dwight Co., Inc. | 33415 | &nbsp;&nbsp; 3285029 |
| Coca-Cola Co. (The) | 210715 | &nbsp;&nbsp; 15192551 |
| Coca-Cola Consolidated, Inc. | 8825 | &nbsp;&nbsp; 1011786 |
| Colgate-Palmolive Co. | 221006 | &nbsp;&nbsp; 20540298 |
| Costco Wholesale Corp. | 242656 | &nbsp;&nbsp; 252405918 |
| General Mills, Inc. | 17463 | &nbsp;&nbsp; 947542 |
| Ingredion, Inc. | 8350 | &nbsp;&nbsp; 1161652 |
| Kellanova | 38970 | &nbsp;&nbsp; 3220091 |
| Kenvue, Inc. | 171272 | &nbsp;&nbsp; 4088263 |
| Kimberly-Clark Corp. | 62863 | &nbsp;&nbsp; 9037185 |
| Kroger Co. (The) | 85133 | &nbsp;&nbsp; 5808625 |
| Monster Beverage Corp.<sup>(b)</sup> | 50935 | &nbsp;&nbsp; 3257293 |
| PepsiCo, Inc. | 34865 | &nbsp;&nbsp; 4583004 |
| Philip Morris International, Inc. | 432611 | &nbsp;&nbsp; 78125220 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Staples-(continued)** | **Consumer Staples-(continued)** | **Consumer Staples-(continued)** |
| Procter & Gamble Co. (The) | 533210 | &nbsp;&nbsp; $90587047 |
| Walmart, Inc. | 2547538 | &nbsp;&nbsp; 251492951 |
|  |  | &nbsp;&nbsp; 788771078 |
| **Energy-0.94%** | **Energy-0.94%** | **Energy-0.94%** |
| Chevron Corp. | 51029 | &nbsp;&nbsp; 6975664 |
| Exxon Mobil Corp. | 341836 | &nbsp;&nbsp; 34969823 |
| Williams Cos., Inc. (The) | 48678 | &nbsp;&nbsp; 2945506 |
|  |  | &nbsp;&nbsp; 44890993 |
| **Financials-16.19%** | **Financials-16.19%** | **Financials-16.19%** |
| Aflac, Inc. | 24255 | &nbsp;&nbsp; 2511363 |
| American Express Co. | 46110 | &nbsp;&nbsp; 13558645 |
| Aon PLC, Class A | 38971 | &nbsp;&nbsp; 14500330 |
| Arch Capital Group Ltd. | 117233 | &nbsp;&nbsp; 11141824 |
| Arthur J. Gallagher & Co. | 3830 | &nbsp;&nbsp; 1330695 |
| Bank of America Corp. | 24700 | &nbsp;&nbsp; 1090011 |
| Berkshire Hathaway, Inc., Class B<sup>(b)</sup> | 513147 | &nbsp;&nbsp; 258605562 |
| BlackRock, Inc. | 11023 | &nbsp;&nbsp; 10801327 |
| Blackstone, Inc., Class A | 17971 | &nbsp;&nbsp; 2493656 |
| Brown & Brown, Inc. | 68941 | &nbsp;&nbsp; 7783439 |
| Capital One Financial Corp. | 6351 | &nbsp;&nbsp; 1201292 |
| Cboe Global Markets, Inc. | 18434 | &nbsp;&nbsp; 4223598 |
| Chubb Ltd. | 25456 | &nbsp;&nbsp; 7565523 |
| Cincinnati Financial Corp. | 30334 | &nbsp;&nbsp; 4574974 |
| Corpay, Inc.<sup>(b)</sup> | 7632 | &nbsp;&nbsp; 2481240 |
| Evercore, Inc., Class A | 5206 | &nbsp;&nbsp; 1205137 |
| FactSet Research Systems, Inc. | 5741 | &nbsp;&nbsp; 2630871 |
| Fidelity National Information Services, Inc. | 26502 | &nbsp;&nbsp; 2109824 |
| Fiserv, Inc.<sup>(b)</sup> | 96648 | &nbsp;&nbsp; 15733328 |
| Hartford Insurance Group, Inc. (The) | 10364 | &nbsp;&nbsp; 1345662 |
| Houlihan Lokey, Inc. | 25891 | &nbsp;&nbsp; 4522640 |
| JPMorgan Chase & Co. | 28938 | &nbsp;&nbsp; 7639632 |
| Kinsale Capital Group, Inc.<sup>(d)</sup> | 4260 | &nbsp;&nbsp; 2010677 |
| LPL Financial Holdings, Inc. | 10337 | &nbsp;&nbsp; 4002073 |
| Marsh & McLennan Cos., Inc. | 125810 | &nbsp;&nbsp; 29396765 |
| Mastercard, Inc., Class A | 202627 | &nbsp;&nbsp; 118658371 |
| Moody's Corp. | 39441 | &nbsp;&nbsp; 18904860 |
| MSCI, Inc. | 11764 | &nbsp;&nbsp; 6635131 |
| Nasdaq, Inc. | 37379 | &nbsp;&nbsp; 3122642 |
| PayPal Holdings, Inc.<sup>(b)</sup> | 75452 | &nbsp;&nbsp; 5302767 |
| Progressive Corp. (The) | 113801 | &nbsp;&nbsp; 32425319 |
| RenaissanceRe Holdings Ltd. (Bermuda) | 7252 | &nbsp;&nbsp; 1808794 |
| RLI Corp. | 21321 | &nbsp;&nbsp; 1638945 |
| S&P Global, Inc. | 11341 | &nbsp;&nbsp; 5816345 |
| SEI Investments Co. | 35451 | &nbsp;&nbsp; 3022552 |
| T. Rowe Price Group, Inc. | 32454 | &nbsp;&nbsp; 3037370 |
| Tradeweb Markets, Inc., Class A | 21882 | &nbsp;&nbsp; 3160855 |
| Travelers Cos., Inc. (The) | 6494 | &nbsp;&nbsp; 1790396 |
| Visa, Inc., Class A | 424756 | &nbsp;&nbsp; 155116644 |
| W.R. Berkley Corp. | 21034 | &nbsp;&nbsp; 1571029 |
| Willis Towers Watson PLC | 4260 | &nbsp;&nbsp; 1348503 |
|  |  | &nbsp;&nbsp; 777820611 |
| **Health Care-7.75%** | **Health Care-7.75%** | **Health Care-7.75%** |
| Abbott Laboratories | 73552 | &nbsp;&nbsp; 9825076 |
| AbbVie, Inc. | 228275 | &nbsp;&nbsp; 42484260 |
| Amgen, Inc. | 8018 | &nbsp;&nbsp; 2310627 |
| Boston Scientific Corp.<sup>(b)</sup> | 115160 | &nbsp;&nbsp; 12121741 |
| Bristol-Myers Squibb Co. | 127700 | &nbsp;&nbsp; 6165356 |
| Cardinal Health, Inc. | 60779 | &nbsp;&nbsp; 9386709 |
| Cencora, Inc. | 35757 | &nbsp;&nbsp; 10413869 |
| Cigna Group (The) | 11574 | &nbsp;&nbsp; 3664791 |

---

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

------

**Invesco Russell 1000**<sup>®</sup> **Dynamic Multifactor ETF (OMFL)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Edwards Lifesciences Corp.<sup>(b)</sup> | 53387 | &nbsp;&nbsp; $4175931 |
| Elevance Health, Inc. | 3876 | &nbsp;&nbsp; 1487764 |
| Eli Lilly and Co. | 41340 | &nbsp;&nbsp; 30495278 |
| Exelixis, Inc.<sup>(b)</sup> | 32920 | &nbsp;&nbsp; 1416877 |
| GE HealthCare Technologies, Inc. | 55440 | &nbsp;&nbsp; 3910738 |
| Gilead Sciences, Inc. | 108274 | &nbsp;&nbsp; 11918802 |
| HCA Healthcare, Inc. | 8040 | &nbsp;&nbsp; 3066376 |
| Humana, Inc. | 6632 | &nbsp;&nbsp; 1546118 |
| Intuitive Surgical, Inc.<sup>(b)</sup> | 74815 | &nbsp;&nbsp; 41323317 |
| Johnson & Johnson | 182805 | &nbsp;&nbsp; 28373164 |
| McKesson Corp. | 78467 | &nbsp;&nbsp; 56457791 |
| Medtronic PLC | 51970 | &nbsp;&nbsp; 4312471 |
| Merck & Co., Inc. | 61286 | &nbsp;&nbsp; 4709216 |
| Regeneron Pharmaceuticals, Inc. | 1974 | &nbsp;&nbsp; 967813 |
| ResMed, Inc. | 37925 | &nbsp;&nbsp; 9283661 |
| Stryker Corp. | 42739 | &nbsp;&nbsp; 16353651 |
| Thermo Fisher Scientific, Inc. | 3811 | &nbsp;&nbsp; 1535147 |
| United Therapeutics Corp.<sup>(b)</sup> | 14726 | &nbsp;&nbsp; 4695385 |
| UnitedHealth Group, Inc. | 122497 | &nbsp;&nbsp; 36983069 |
| Veeva Systems, Inc., Class A<sup>(b)</sup> | 9024 | &nbsp;&nbsp; 2524013 |
| Vertex Pharmaceuticals, Inc.<sup>(b)</sup> | 23730 | &nbsp;&nbsp; 10489846 |
|  |  | &nbsp;&nbsp; 372398857 |
| **Industrials-11.66%** | **Industrials-11.66%** | **Industrials-11.66%** |
| 3M Co. | 51971 | &nbsp;&nbsp; 7709898 |
| AAON, Inc. | 29381 | &nbsp;&nbsp; 2829096 |
| Acuity, Inc. | 4929 | &nbsp;&nbsp; 1280998 |
| Allegion PLC | 7858 | &nbsp;&nbsp; 1121337 |
| Allison Transmission Holdings, Inc. | 28495 | &nbsp;&nbsp; 2949802 |
| Amentum Holdings, Inc.<sup>(b)</sup> | 13 | &nbsp;&nbsp; 269 |
| AMETEK, Inc. | 11607 | &nbsp;&nbsp; 2074635 |
| Armstrong World Industries, Inc. | 7969 | &nbsp;&nbsp; 1240215 |
| Automatic Data Processing, Inc. | 132210 | &nbsp;&nbsp; 43038321 |
| Booz Allen Hamilton Holding Corp. | 12790 | &nbsp;&nbsp; 1358937 |
| Broadridge Financial Solutions, Inc. | 24529 | &nbsp;&nbsp; 5956377 |
| BWX Technologies, Inc. | 21266 | &nbsp;&nbsp; 2671010 |
| CACI International, Inc., Class A<sup>(b)(d)</sup> | 2371 | &nbsp;&nbsp; 1014788 |
| Carlisle Cos., Inc. | 7112 | &nbsp;&nbsp; 2703840 |
| Carrier Global Corp. | 108168 | &nbsp;&nbsp; 7701562 |
| Caterpillar, Inc. | 77940 | &nbsp;&nbsp; 27125458 |
| Cintas Corp. | 132258 | &nbsp;&nbsp; 29956437 |
| Comfort Systems USA, Inc. | 7437 | &nbsp;&nbsp; 3556596 |
| Copart, Inc.<sup>(b)</sup> | 116853 | &nbsp;&nbsp; 6015592 |
| Core & Main, Inc., Class A<sup>(b)</sup> | 47882 | &nbsp;&nbsp; 2624412 |
| Crane Co. | 15897 | &nbsp;&nbsp; 2724746 |
| CSX Corp. | 65555 | &nbsp;&nbsp; 2070882 |
| Cummins, Inc. | 59564 | &nbsp;&nbsp; 19148635 |
| Curtiss-Wright Corp. | 8066 | &nbsp;&nbsp; 3549927 |
| Donaldson Co., Inc. | 18580 | &nbsp;&nbsp; 1292239 |
| Dover Corp. | 10802 | &nbsp;&nbsp; 1920055 |
| Eaton Corp. PLC | 75051 | &nbsp;&nbsp; 24031330 |
| EMCOR Group, Inc. | 15960 | &nbsp;&nbsp; 7530886 |
| Emerson Electric Co. | 18656 | &nbsp;&nbsp; 2227153 |
| Fastenal Co. | 370221 | &nbsp;&nbsp; 15304936 |
| FedEx Corp. | 8366 | &nbsp;&nbsp; 1824625 |
| Ferguson Enterprises, Inc. | 4718 | &nbsp;&nbsp; 860280 |
| GE Vernova, Inc. | 17663 | &nbsp;&nbsp; 8354246 |
| General Dynamics Corp. | 22026 | &nbsp;&nbsp; 6134021 |
| General Electric Co. | 170427 | &nbsp;&nbsp; 41909704 |
| Graco, Inc. | 18336 | &nbsp;&nbsp; 1552326 |
| Honeywell International, Inc. | 42788 | &nbsp;&nbsp; 9698756 |
| Howmet Aerospace, Inc. | 23794 | &nbsp;&nbsp; 4042363 |
| Hubbell, Inc. | 2931 | &nbsp;&nbsp; 1141859 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Illinois Tool Works, Inc. | 25959 | &nbsp;&nbsp; $6362032 |
| Ingersoll Rand, Inc. | 59504 | &nbsp;&nbsp; 4857907 |
| ITT, Inc. | 19188 | &nbsp;&nbsp; 2888562 |
| Jacobs Solutions, Inc. | 36662 | &nbsp;&nbsp; 4630411 |
| Johnson Controls International PLC | 44186 | &nbsp;&nbsp; 4479135 |
| L3Harris Technologies, Inc. | 4769 | &nbsp;&nbsp; 1165257 |
| Leidos Holdings, Inc. | 16306 | &nbsp;&nbsp; 2421767 |
| Lennox International, Inc. | 5114 | &nbsp;&nbsp; 2886597 |
| Lockheed Martin Corp. | 51523 | &nbsp;&nbsp; 24853665 |
| Northrop Grumman Corp. | 6867 | &nbsp;&nbsp; 3328916 |
| Old Dominion Freight Line, Inc. | 36768 | &nbsp;&nbsp; 5889131 |
| Otis Worldwide Corp. | 31800 | &nbsp;&nbsp; 3032130 |
| Owens Corning | 6443 | &nbsp;&nbsp; 863040 |
| PACCAR, Inc. | 74698 | &nbsp;&nbsp; 7010407 |
| Parker-Hannifin Corp. | 9913 | &nbsp;&nbsp; 6589171 |
| Paychex, Inc. | 91871 | &nbsp;&nbsp; 14507350 |
| Pentair PLC | 15523 | &nbsp;&nbsp; 1539571 |
| Quanta Services, Inc. | 15761 | &nbsp;&nbsp; 5399088 |
| Republic Services, Inc. | 38463 | &nbsp;&nbsp; 9896145 |
| Rollins, Inc. | 102920 | &nbsp;&nbsp; 5892170 |
| RTX Corp. | 153617 | &nbsp;&nbsp; 20965648 |
| Snap-on, Inc. | 17081 | &nbsp;&nbsp; 5478731 |
| Southwest Airlines Co.<sup>(d)</sup> | 38299 | &nbsp;&nbsp; 1278421 |
| Trane Technologies PLC | 75459 | &nbsp;&nbsp; 32467744 |
| TransDigm Group, Inc. | 2686 | &nbsp;&nbsp; 3944203 |
| Union Pacific Corp. | 6048 | &nbsp;&nbsp; 1340600 |
| United Parcel Service, Inc., Class B | 11291 | &nbsp;&nbsp; 1101324 |
| United Rentals, Inc. | 1943 | &nbsp;&nbsp; 1376382 |
| Veralto Corp. | 39763 | &nbsp;&nbsp; 4017256 |
| Verisk Analytics, Inc. | 40595 | &nbsp;&nbsp; 12752513 |
| W.W. Grainger, Inc. | 20921 | &nbsp;&nbsp; 22752843 |
| Wabtec Corp. | 22973 | &nbsp;&nbsp; 4647897 |
| Waste Management, Inc. | 72566 | &nbsp;&nbsp; 17486229 |
| Watsco, Inc. | 5491 | &nbsp;&nbsp; 2435643 |
| Woodward, Inc. | 6659 | &nbsp;&nbsp; 1440541 |
|  |  | &nbsp;&nbsp; 560226976 |
| **Information Technology-21.06%** | **Information Technology-21.06%** | **Information Technology-21.06%** |
| Accenture PLC, Class A (Ireland) | 47355 | &nbsp;&nbsp; 15003011 |
| Adobe, Inc.<sup>(b)</sup> | 15209 | &nbsp;&nbsp; 6313104 |
| Amphenol Corp., Class A | 145192 | &nbsp;&nbsp; 13057117 |
| Apple, Inc. | 988707 | &nbsp;&nbsp; 198581801 |
| Applied Materials, Inc. | 29850 | &nbsp;&nbsp; 4678987 |
| Arista Networks, Inc.<sup>(b)</sup> | 196643 | &nbsp;&nbsp; 17037149 |
| Autodesk, Inc.<sup>(b)</sup> | 8866 | &nbsp;&nbsp; 2625400 |
| Broadcom, Inc. | 311372 | &nbsp;&nbsp; 75373820 |
| Cadence Design Systems, Inc.<sup>(b)</sup> | 5168 | &nbsp;&nbsp; 1483578 |
| Cisco Systems, Inc. | 224993 | &nbsp;&nbsp; 14183559 |
| &nbsp;&nbsp;&nbsp; Cognizant Technology Solutions Corp., <br> Class A<br>| 21320 | &nbsp;&nbsp; 1726707 |
| Corning, Inc. | 23580 | &nbsp;&nbsp; 1169332 |
| F5, Inc.<sup>(b)</sup> | 7572 | &nbsp;&nbsp; 2160897 |
| Fair Isaac Corp.<sup>(b)</sup> | 5317 | &nbsp;&nbsp; 9178631 |
| Fortinet, Inc.<sup>(b)</sup> | 68492 | &nbsp;&nbsp; 6971116 |
| Gartner, Inc.<sup>(b)</sup> | 4690 | &nbsp;&nbsp; 2046810 |
| GoDaddy, Inc., Class A<sup>(b)</sup> | 12800 | &nbsp;&nbsp; 2331520 |
| Guidewire Software, Inc.<sup>(b)</sup> | 4893 | &nbsp;&nbsp; 1052093 |
| International Business Machines Corp. | 60157 | &nbsp;&nbsp; 15584272 |
| Intuit, Inc. | 43685 | &nbsp;&nbsp; 32915337 |
| KLA Corp. | 5109 | &nbsp;&nbsp; 3866900 |
| Manhattan Associates, Inc.<sup>(b)</sup> | 5103 | &nbsp;&nbsp; 963344 |
| Microsoft Corp. | 550071 | &nbsp;&nbsp; 253230686 |
| Motorola Solutions, Inc. | 80297 | &nbsp;&nbsp; 33353768 |

---

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

------

**Invesco Russell 1000**<sup>®</sup> **Dynamic Multifactor ETF (OMFL)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| NetApp, Inc. | 25443 | &nbsp;&nbsp; $2522928 |
| NVIDIA Corp. | 1312020 | &nbsp;&nbsp; 177293263 |
| Oracle Corp. | 54577 | &nbsp;&nbsp; 9034131 |
| Palo Alto Networks, Inc.<sup>(b)</sup> | 37182 | &nbsp;&nbsp; 7154560 |
| QUALCOMM, Inc. | 71658 | &nbsp;&nbsp; 10404742 |
| Salesforce, Inc. | 192143 | &nbsp;&nbsp; 50988988 |
| ServiceNow, Inc.<sup>(b)</sup> | 28472 | &nbsp;&nbsp; 28787754 |
| Synopsys, Inc.<sup>(b)</sup> | 1882 | &nbsp;&nbsp; 873210 |
| Texas Instruments, Inc. | 47525 | &nbsp;&nbsp; 8689946 |
| Tyler Technologies, Inc.<sup>(b)</sup> | 2183 | &nbsp;&nbsp; 1259569 |
|  |  | &nbsp;&nbsp; 1011898030 |
| **Materials-1.32%** | **Materials-1.32%** | **Materials-1.32%** |
| Air Products and Chemicals, Inc. | 14270 | &nbsp;&nbsp; 3980046 |
| AptarGroup, Inc. | 11489 | &nbsp;&nbsp; 1819858 |
| Ardagh Group S.A., Class A<sup>(b)(c)</sup> | 16070 | &nbsp;&nbsp; 67775 |
| Corteva, Inc. | 25777 | &nbsp;&nbsp; 1825012 |
| CRH PLC | 101014 | &nbsp;&nbsp; 9208436 |
| DuPont de Nemours, Inc. | 17556 | &nbsp;&nbsp; 1172741 |
| Eagle Materials, Inc. | 5843 | &nbsp;&nbsp; 1181513 |
| Ecolab, Inc. | 23309 | &nbsp;&nbsp; 6191336 |
| International Paper Co. | 26108 | &nbsp;&nbsp; 1248223 |
| Linde PLC | 40959 | &nbsp;&nbsp; 19151609 |
| Martin Marietta Materials, Inc. | 4022 | &nbsp;&nbsp; 2202246 |
| Packaging Corp. of America | 12790 | &nbsp;&nbsp; 2470644 |
| RPM International, Inc. | 15183 | &nbsp;&nbsp; 1728433 |
| Sherwin-Williams Co. (The) | 25133 | &nbsp;&nbsp; 9017972 |
| Vulcan Materials Co. | 8609 | &nbsp;&nbsp; 2281988 |
|  |  | &nbsp;&nbsp; 63547832 |
| **Real Estate-0.34%** | **Real Estate-0.34%** | **Real Estate-0.34%** |
| AvalonBay Communities, Inc. | 9213 | &nbsp;&nbsp; 1904972 |
| CBRE Group, Inc., Class A<sup>(b)</sup> | 10545 | &nbsp;&nbsp; 1318336 |
| Equity Residential | 18524 | &nbsp;&nbsp; 1299273 |
| Mid-America Apartment Communities, Inc. | 7402 | &nbsp;&nbsp; 1159523 |
| Millrose Properties, Inc.<sup>(b)</sup> | 4796 | &nbsp;&nbsp; 133665 |
| Public Storage | 34426 | &nbsp;&nbsp; 10617323 |
|  |  | &nbsp;&nbsp; 16433092 |
| **Utilities-1.59%** | **Utilities-1.59%** | **Utilities-1.59%** |
| Ameren Corp. | 24173 | &nbsp;&nbsp; 2341880 |
| American Electric Power Co., Inc. | 29850 | &nbsp;&nbsp; 3089176 |
| Atmos Energy Corp. | 15113 | &nbsp;&nbsp; 2337679 |
| Dominion Energy, Inc. | 55440 | &nbsp;&nbsp; 3141785 |
| Duke Energy Corp. | 51285 | &nbsp;&nbsp; 6037270 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| Edison International | 18349 | &nbsp;&nbsp; $1021122 |
| Entergy Corp. | 48066 | &nbsp;&nbsp; 4002936 |
| Evergy, Inc. | 18107 | &nbsp;&nbsp; 1202486 |
| Exelon Corp. | 38508 | &nbsp;&nbsp; 1687421 |
| NextEra Energy, Inc. | 196292 | &nbsp;&nbsp; 13866067 |
| NiSource, Inc. | 41010 | &nbsp;&nbsp; 1621535 |
| NRG Energy, Inc. | 24789 | &nbsp;&nbsp; 3864605 |
| PPL Corp. | 66924 | &nbsp;&nbsp; 2325609 |
| Public Service Enterprise Group, Inc. | 100800 | &nbsp;&nbsp; 8167824 |
| Sempra | 46910 | &nbsp;&nbsp; 3686657 |
| Southern Co. (The) | 76700 | &nbsp;&nbsp; 6903000 |
| Vistra Corp. | 34691 | &nbsp;&nbsp; 5570334 |
| WEC Energy Group, Inc. | 22781 | &nbsp;&nbsp; 2447591 |
| Xcel Energy, Inc. | 44057 | &nbsp;&nbsp; 3088396 |
|  |  | &nbsp;&nbsp; 76403373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $4,384,642,875) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $4,384,642,875) | &nbsp;&nbsp; 4800906800 |
| **Money Market Funds-0.04%** | **Money Market Funds-0.04%** | **Money Market Funds-0.04%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.24%<sup>(e)(f)</sup> <br>(Cost $2,021,939)<br>| 2021939 | &nbsp;&nbsp; 2021939 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.96% <br>(Cost $4,386,664,814) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.96% <br>(Cost $4,386,664,814) | &nbsp;&nbsp; 4802928739 |
| **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-0.24%** | **Money Market Funds-0.24%** | **Money Market Funds-0.24%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.29%<sup>(e)(f)(g)</sup><br>| 3155123 | &nbsp;&nbsp; 3155123 |
| Invesco Private Prime Fund, 4.45%<sup>(e)(f)(g)</sup> | 8158684 | &nbsp;&nbsp; 8160316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $11,315,439) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $11,315,439) | &nbsp;&nbsp; 11315439 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.20% <br>(Cost $4,397,980,253) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-100.20% <br>(Cost $4,397,980,253) | &nbsp;&nbsp; 4814244178 |
| OTHER ASSETS LESS LIABILITIES-(0.20)% | OTHER ASSETS LESS LIABILITIES-(0.20)% | &nbsp;&nbsp; (9433178)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $4804811000 |

---

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

------

**Invesco Russell 1000**<sup>®</sup> **Dynamic Multifactor ETF (OMFL)—(continued)**

May 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> | Security valued using significant unobservable inputs (Level 3). See Note 1. |
| <sup>(d)</sup> | All or a portion of this security was out on loan at May 31, 2025. |
| <sup>(e)</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 nine months ended May 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2024**<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>**May 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $2893789 | &nbsp;&nbsp;&nbsp; $54496321 | &nbsp;&nbsp;&nbsp; $(55368171)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $2021939 | &nbsp;&nbsp;&nbsp; $39962 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 14826081 | &nbsp;&nbsp;&nbsp; 142102967 | &nbsp;&nbsp;&nbsp; (153773925)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 3155123 | &nbsp;&nbsp;&nbsp; 299,006<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 39995309 | &nbsp;&nbsp;&nbsp; 295845990 | &nbsp;&nbsp;&nbsp; (327675993)<br>| &nbsp;&nbsp;&nbsp; (2485)<br>| &nbsp;&nbsp;&nbsp; (2505)<br>| &nbsp;&nbsp;&nbsp; 8160316 | &nbsp;&nbsp;&nbsp; 813,647<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $57715179 | &nbsp;&nbsp;&nbsp; $492445278 | &nbsp;&nbsp;&nbsp; $(536818089)<br>| &nbsp;&nbsp;&nbsp; $(2485)<br>| &nbsp;&nbsp;&nbsp; $(2505)<br>| &nbsp;&nbsp;&nbsp; $13337378 | &nbsp;&nbsp;&nbsp; $1152615 |

---

&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>(f)</sup> The rate shown is the 7-day SEC standardized yield as of May 31, 2025. <br> <sup>(g)</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 Russell 2000**<sup>®</sup> **Dynamic Multifactor ETF (OMFS)**

May 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%** |
| **Communication Services-0.80%** | **Communication Services-0.80%** | **Communication Services-0.80%** |
| Cinemark Holdings, Inc. | 3846 | &nbsp;&nbsp; $129880 |
| &nbsp;&nbsp;&nbsp; Grindr, Inc. (Singapore), (Acquired <br> 07/05/2024 - 02/10/2025; <br> Cost $50,498)<sup>(b)(c)(d)</sup><br>| 4101 | &nbsp;&nbsp; 100146 |
| IDT Corp., Class B | 1400 | &nbsp;&nbsp; 86226 |
| IMAX Corp.<sup>(b)(c)</sup> | 4964 | &nbsp;&nbsp; 138247 |
| Integral Ad Science Holding Corp.<sup>(b)(c)</sup> | 5033 | &nbsp;&nbsp; 40969 |
| John Wiley & Sons, Inc., Class A | 9177 | &nbsp;&nbsp; 359004 |
| &nbsp;&nbsp;&nbsp; Madison Square Garden Entertainment <br> Corp.<sup>(b)(c)</sup><br>| 5858 | &nbsp;&nbsp; 217390 |
| QuinStreet, Inc.<sup>(b)</sup> | 3836 | &nbsp;&nbsp; 58576 |
| Spok Holdings, Inc. | 6556 | &nbsp;&nbsp; 106207 |
| TEGNA, Inc. | 19675 | &nbsp;&nbsp; 328966 |
| Telephone and Data Systems, Inc. | 3984 | &nbsp;&nbsp; 136890 |
| Vimeo, Inc.<sup>(b)</sup> | 10785 | &nbsp;&nbsp; 47023 |
| Yelp, Inc.<sup>(b)</sup> | 2834 | &nbsp;&nbsp; 108174 |
|  |  | &nbsp;&nbsp; 1857698 |
| **Consumer Discretionary-6.86%** | **Consumer Discretionary-6.86%** | **Consumer Discretionary-6.86%** |
| Abercrombie & Fitch Co., Class A<sup>(b)</sup> | 10113 | &nbsp;&nbsp; 793769 |
| Academy Sports & Outdoors, Inc.<sup>(c)</sup> | 1988 | &nbsp;&nbsp; 81329 |
| Accel Entertainment, Inc.<sup>(b)</sup> | 9902 | &nbsp;&nbsp; 111100 |
| Acushnet Holdings Corp. | 5073 | &nbsp;&nbsp; 346182 |
| Adtalem Global Education, Inc.<sup>(b)</sup> | 10975 | &nbsp;&nbsp; 1449029 |
| American Eagle Outfitters, Inc.<sup>(c)</sup> | 8294 | &nbsp;&nbsp; 90902 |
| Boot Barn Holdings, Inc.<sup>(b)</sup> | 4135 | &nbsp;&nbsp; 662882 |
| Brinker International, Inc.<sup>(b)</sup> | 1334 | &nbsp;&nbsp; 230288 |
| Buckle, Inc. (The) | 4597 | &nbsp;&nbsp; 195878 |
| Carriage Services, Inc. | 1386 | &nbsp;&nbsp; 60291 |
| Cavco Industries, Inc.<sup>(b)</sup> | 696 | &nbsp;&nbsp; 301782 |
| Cheesecake Factory, Inc. (The)<sup>(c)</sup> | 7992 | &nbsp;&nbsp; 440919 |
| Dorman Products, Inc.<sup>(b)</sup> | 8302 | &nbsp;&nbsp; 1073532 |
| Flexsteel Industries, Inc. | 1790 | &nbsp;&nbsp; 54362 |
| Frontdoor, Inc.<sup>(b)</sup> | 26010 | &nbsp;&nbsp; 1430810 |
| Global Business Travel Group, Inc.<sup>(b)(c)</sup> | 30576 | &nbsp;&nbsp; 191100 |
| Graham Holdings Co., Class B | 566 | &nbsp;&nbsp; 540196 |
| Green Brick Partners, Inc.<sup>(b)</sup> | 2523 | &nbsp;&nbsp; 147469 |
| Group 1 Automotive, Inc. | 256 | &nbsp;&nbsp; 108524 |
| Hanesbrands, Inc.<sup>(b)</sup> | 48616 | &nbsp;&nbsp; 240649 |
| Hilton Grand Vacations, Inc.<sup>(b)(c)</sup> | 2137 | &nbsp;&nbsp; 81569 |
| Installed Building Products, Inc.<sup>(c)</sup> | 810 | &nbsp;&nbsp; 129179 |
| KB Home | 4427 | &nbsp;&nbsp; 228345 |
| Kontoor Brands, Inc. | 11311 | &nbsp;&nbsp; 775935 |
| Laureate Education, Inc., Class A<sup>(b)</sup> | 31731 | &nbsp;&nbsp; 713947 |
| La-Z-Boy, Inc. | 2359 | &nbsp;&nbsp; 98819 |
| Life Time Group Holdings, Inc.<sup>(b)</sup> | 7968 | &nbsp;&nbsp; 227885 |
| Lincoln Educational Services Corp.<sup>(b)(c)</sup> | 5365 | &nbsp;&nbsp; 127687 |
| M/I Homes, Inc.<sup>(b)</sup> | 338 | &nbsp;&nbsp; 36034 |
| Meritage Homes Corp. | 1056 | &nbsp;&nbsp; 67172 |
| Modine Manufacturing Co.<sup>(b)(c)</sup> | 1141 | &nbsp;&nbsp; 103603 |
| Monarch Casino & Resort, Inc. | 1082 | &nbsp;&nbsp; 90607 |
| Nathan's Famous, Inc. | 1055 | &nbsp;&nbsp; 112864 |
| OneSpaWorld Holdings Ltd. (Bahamas)<sup>(c)</sup> | 11297 | &nbsp;&nbsp; 213061 |
| Perdoceo Education Corp. | 10928 | &nbsp;&nbsp; 371989 |
| PHINIA, Inc. | 9689 | &nbsp;&nbsp; 420503 |
| Rush Street Interactive, Inc.<sup>(b)(c)</sup> | 17443 | &nbsp;&nbsp; 221352 |
| Shake Shack, Inc., Class A<sup>(b)</sup> | 3750 | &nbsp;&nbsp; 486712 |
| Signet Jewelers Ltd.<sup>(c)</sup> | 1072 | &nbsp;&nbsp; 71363 |
| Six Flags Entertainment Corp.<sup>(c)</sup> | 2029 | &nbsp;&nbsp; 68093 |
| Steven Madden Ltd. | 3592 | &nbsp;&nbsp; 88543 |
| Strategic Education, Inc. | 1722 | &nbsp;&nbsp; 157098 |
| Stride, Inc.<sup>(b)(c)</sup> | 4676 | &nbsp;&nbsp; 707900 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** | **Consumer Discretionary-(continued)** |
| Super Group (SGHC) Ltd. (Guernsey)<sup>(c)</sup> | 22383 | &nbsp;&nbsp; $195627 |
| Sweetgreen, Inc., Class A<sup>(b)(c)</sup> | 3014 | &nbsp;&nbsp; 40448 |
| Taylor Morrison Home Corp., Class A<sup>(b)</sup> | 2806 | &nbsp;&nbsp; 157922 |
| Tri Pointe Homes, Inc.<sup>(b)</sup> | 1680 | &nbsp;&nbsp; 49526 |
| Universal Technical Institute, Inc.<sup>(b)</sup> | 8087 | &nbsp;&nbsp; 287331 |
| Urban Outfitters, Inc.<sup>(b)</sup> | 5321 | &nbsp;&nbsp; 371938 |
| Victoria's Secret & Co.<sup>(b)</sup> | 5242 | &nbsp;&nbsp; 111183 |
| Warby Parker, Inc., Class A<sup>(b)</sup> | 11429 | &nbsp;&nbsp; 241952 |
| Weyco Group, Inc.<sup>(c)</sup> | 1979 | &nbsp;&nbsp; 62061 |
| Winmark Corp. | 446 | &nbsp;&nbsp; 189470 |
| Wolverine World Wide, Inc. | 8613 | &nbsp;&nbsp; 146938 |
|  |  | &nbsp;&nbsp; 16005649 |
| **Consumer Staples-6.66%** | **Consumer Staples-6.66%** | **Consumer Staples-6.66%** |
| Andersons, Inc. (The) | 2388 | &nbsp;&nbsp; 84798 |
| Cal-Maine Foods, Inc. | 1697 | &nbsp;&nbsp; 162793 |
| Central Garden & Pet Co., Class A<sup>(b)</sup> | 1618 | &nbsp;&nbsp; 51727 |
| Dole PLC | 3948 | &nbsp;&nbsp; 55904 |
| Edgewell Personal Care Co. | 2168 | &nbsp;&nbsp; 59880 |
| Energizer Holdings, Inc. | 5620 | &nbsp;&nbsp; 130890 |
| Fresh Del Monte Produce, Inc. | 7196 | &nbsp;&nbsp; 254163 |
| Interparfums, Inc. | 1289 | &nbsp;&nbsp; 175588 |
| J&J Snack Foods Corp. | 894 | &nbsp;&nbsp; 102962 |
| Lancaster Colony Corp. | 4548 | &nbsp;&nbsp; 761335 |
| Natural Grocers by Vitamin Cottage, Inc. | 3460 | &nbsp;&nbsp; 168952 |
| PriceSmart, Inc. | 9421 | &nbsp;&nbsp; 1017279 |
| Primo Brands Corp. | 47117 | &nbsp;&nbsp; 1558159 |
| Simply Good Foods Co. (The)<sup>(b)</sup> | 3249 | &nbsp;&nbsp; 112123 |
| Sprouts Farmers Market, Inc.<sup>(b)</sup> | 50652 | &nbsp;&nbsp; 8755705 |
| TreeHouse Foods, Inc.<sup>(b)</sup> | 2667 | &nbsp;&nbsp; 59901 |
| Turning Point Brands, Inc. | 2965 | &nbsp;&nbsp; 220359 |
| Utz Brands, Inc. | 4474 | &nbsp;&nbsp; 59191 |
| Village Super Market, Inc., Class A | 3140 | &nbsp;&nbsp; 121141 |
| Vita Coco Co., Inc. (The)<sup>(b)(c)</sup> | 3247 | &nbsp;&nbsp; 115561 |
| Vital Farms, Inc.<sup>(b)(c)</sup> | 16072 | &nbsp;&nbsp; 511732 |
| WD-40 Co. | 3256 | &nbsp;&nbsp; 793259 |
| Weis Markets, Inc. | 2611 | &nbsp;&nbsp; 197914 |
|  |  | &nbsp;&nbsp; 15531316 |
| **Energy-0.89%** | **Energy-0.89%** | **Energy-0.89%** |
| Archrock, Inc. | 15028 | &nbsp;&nbsp; 374197 |
| Aris Water Solutions, Inc., Class A | 4300 | &nbsp;&nbsp; 94772 |
| Atlas Energy Solutions, Inc.<sup>(c)</sup> | 3406 | &nbsp;&nbsp; 41383 |
| Cactus, Inc., Class A | 879 | &nbsp;&nbsp; 36039 |
| CNX Resources Corp.<sup>(b)(c)</sup> | 1743 | &nbsp;&nbsp; 56264 |
| Core Natural Resources, Inc. | 1710 | &nbsp;&nbsp; 118503 |
| DHT Holdings, Inc. | 16540 | &nbsp;&nbsp; 191533 |
| Golar LNG Ltd. (Cameroon) | 6491 | &nbsp;&nbsp; 267170 |
| International Seaways, Inc. | 3505 | &nbsp;&nbsp; 129860 |
| Kodiak Gas Services, Inc. | 1625 | &nbsp;&nbsp; 57379 |
| Magnolia Oil & Gas Corp., Class A | 4445 | &nbsp;&nbsp; 95567 |
| Noble Corp. PLC | 5120 | &nbsp;&nbsp; 126822 |
| Ranger Energy Services, Inc., Class A | 3340 | &nbsp;&nbsp; 35571 |
| Scorpio Tankers, Inc. (Monaco) | 1230 | &nbsp;&nbsp; 48880 |
| Select Water Solutions, Inc., Class A | 12117 | &nbsp;&nbsp; 97421 |
| SFL Corp. Ltd. (Norway) | 8359 | &nbsp;&nbsp; 71720 |
| Sitio Royalties Corp., Class A | 6340 | &nbsp;&nbsp; 108224 |
| Solaris Energy Infrastructure, Inc., Class B | 3311 | &nbsp;&nbsp; 90821 |
| Vitesse Energy, Inc.<sup>(c)</sup> | 2314 | &nbsp;&nbsp; 48432 |
|  |  | &nbsp;&nbsp; 2090558 |
| **Financials-26.82%** | **Financials-26.82%** | **Financials-26.82%** |
| 1st Source Corp. | 2681 | &nbsp;&nbsp; 162361 |

---

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

------

**Invesco Russell 2000**<sup>®</sup> **Dynamic Multifactor ETF (OMFS)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Acadian Asset Management, Inc. | 6161 | &nbsp;&nbsp; $185508 |
| Amalgamated Financial Corp. | 2662 | &nbsp;&nbsp; 80446 |
| Ameris Bancorp | 9647 | &nbsp;&nbsp; 593001 |
| AMERISAFE, Inc. | 4849 | &nbsp;&nbsp; 230182 |
| Arbor Realty Trust, Inc.<sup>(c)</sup> | 17594 | &nbsp;&nbsp; 168551 |
| ARMOUR Residential REIT, Inc.<sup>(c)</sup> | 3425 | &nbsp;&nbsp; 55519 |
| Arrow Financial Corp. | 2356 | &nbsp;&nbsp; 60667 |
| &nbsp;&nbsp;&nbsp; Artisan Partners Asset Management, Inc., <br> Class A<br>| 9349 | &nbsp;&nbsp; 376765 |
| Associated Banc-Corp | 22983 | &nbsp;&nbsp; 532516 |
| Atlantic Union Bankshares Corp., Class B | 18050 | &nbsp;&nbsp; 541861 |
| AvidXchange Holdings, Inc.<sup>(b)</sup> | 12218 | &nbsp;&nbsp; 119614 |
| Axos Financial, Inc.<sup>(b)</sup> | 9812 | &nbsp;&nbsp; 682326 |
| &nbsp;&nbsp;&nbsp; Baldwin Insurance Group, Inc. (The), <br> Class A<sup>(b)(c)</sup><br>| 6762 | &nbsp;&nbsp; 260540 |
| BancFirst Corp. | 2955 | &nbsp;&nbsp; 365548 |
| &nbsp;&nbsp;&nbsp; Banco Latinoamericano de Comercio Exterior <br> S.A., Class E (Panama)<sup>(c)</sup><br>| 5381 | &nbsp;&nbsp; 220729 |
| Bancorp, Inc. (The)<sup>(b)</sup> | 5152 | &nbsp;&nbsp; 263267 |
| Bank First Corp. | 1320 | &nbsp;&nbsp; 153516 |
| Bank of Hawaii Corp. | 2666 | &nbsp;&nbsp; 177316 |
| Bank of Marin Bancorp | 2156 | &nbsp;&nbsp; 45944 |
| &nbsp;&nbsp;&nbsp; Bank of N.T. Butterfield & Son Ltd. (The) <br> (Bermuda)<br>| 5456 | &nbsp;&nbsp; 230025 |
| BankUnited, Inc. | 7179 | &nbsp;&nbsp; 243942 |
| Banner Corp. | 6356 | &nbsp;&nbsp; 391847 |
| Bar Harbor Bankshares | 1687 | &nbsp;&nbsp; 49058 |
| Berkshire Hills Bancorp, Inc. | 4434 | &nbsp;&nbsp; 109786 |
| BGC Group, Inc., Class A | 49154 | &nbsp;&nbsp; 456149 |
| Blackstone Mortgage Trust, Inc., Class A<sup>(c)</sup> | 6810 | &nbsp;&nbsp; 128641 |
| Bread Financial Holdings, Inc. | 2120 | &nbsp;&nbsp; 108629 |
| Brookline Bancorp, Inc. | 12333 | &nbsp;&nbsp; 127400 |
| Burford Capital Ltd.<sup>(c)</sup> | 4487 | &nbsp;&nbsp; 57703 |
| Burke & Herbert Financial Services Corp. | 1481 | &nbsp;&nbsp; 84299 |
| Business First Bancshares, Inc. | 2667 | &nbsp;&nbsp; 63448 |
| Byline Bancorp, Inc. | 4766 | &nbsp;&nbsp; 123296 |
| Cadence Bank<sup>(c)</sup> | 25753 | &nbsp;&nbsp; 780316 |
| Camden National Corp. | 2240 | &nbsp;&nbsp; 88122 |
| Capital City Bank Group, Inc. | 2047 | &nbsp;&nbsp; 77254 |
| Capitol Federal Financial, Inc. | 8904 | &nbsp;&nbsp; 50842 |
| Cathay General Bancorp | 8856 | &nbsp;&nbsp; 379524 |
| Central Pacific Financial Corp. | 6128 | &nbsp;&nbsp; 163618 |
| Chimera Investment Corp.<sup>(c)</sup> | 4655 | &nbsp;&nbsp; 61353 |
| City Holding Co.<sup>(c)</sup> | 2485 | &nbsp;&nbsp; 292957 |
| CNB Financial Corp. | 2666 | &nbsp;&nbsp; 57772 |
| CNO Financial Group, Inc. | 21130 | &nbsp;&nbsp; 802095 |
| Coastal Financial Corp.<sup>(b)</sup> | 1478 | &nbsp;&nbsp; 129901 |
| Cohen & Steers, Inc. | 8543 | &nbsp;&nbsp; 656444 |
| Community Financial System, Inc. | 10063 | &nbsp;&nbsp; 565943 |
| Community Trust Bancorp, Inc. | 3515 | &nbsp;&nbsp; 179441 |
| Compass Diversified Holdings | 4012 | &nbsp;&nbsp; 26961 |
| ConnectOne Bancorp, Inc. | 3169 | &nbsp;&nbsp; 72792 |
| Customers Bancorp, Inc.<sup>(b)(c)</sup> | 1286 | &nbsp;&nbsp; 65535 |
| CVB Financial Corp. | 12665 | &nbsp;&nbsp; 237469 |
| Diamond Hill Investment Group, Inc. | 343 | &nbsp;&nbsp; 48452 |
| Dime Community Bancshares, Inc., Class B | 5029 | &nbsp;&nbsp; 129044 |
| Donnelley Financial Solutions, Inc.<sup>(b)</sup> | 1318 | &nbsp;&nbsp; 71805 |
| Dynex Capital, Inc. | 5962 | &nbsp;&nbsp; 71782 |
| Eastern Bankshares, Inc. | 26431 | &nbsp;&nbsp; 396465 |
| Employers Holdings, Inc. | 7064 | &nbsp;&nbsp; 343805 |
| Enact Holdings, Inc. | 7124 | &nbsp;&nbsp; 252190 |
| Enova International, Inc.<sup>(b)</sup> | 2615 | &nbsp;&nbsp; 242332 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Enstar Group Ltd.<sup>(b)</sup> | 1466 | &nbsp;&nbsp; $491125 |
| Enterprise Financial Services Corp. | 6148 | &nbsp;&nbsp; 325475 |
| Equity Bancshares, Inc., Class A | 2352 | &nbsp;&nbsp; 91587 |
| Esquire Financial Holdings, Inc.<sup>(c)</sup> | 1827 | &nbsp;&nbsp; 165782 |
| Essent Group Ltd. | 15280 | &nbsp;&nbsp; 886240 |
| Farmers National Banc Corp. | 3834 | &nbsp;&nbsp; 50724 |
| FB Financial Corp. | 6087 | &nbsp;&nbsp; 265698 |
| Federal Agricultural Mortgage Corp., Class C | 1219 | &nbsp;&nbsp; 227246 |
| &nbsp;&nbsp;&nbsp; Fidelis Insurance Holdings Ltd. (United <br> Kingdom)<br>| 20787 | &nbsp;&nbsp; 363357 |
| Financial Institutions, Inc. | 2200 | &nbsp;&nbsp; 56804 |
| First Bancorp | 23913 | &nbsp;&nbsp; 477782 |
| First Bancorp/Southern Pines NC | 4417 | &nbsp;&nbsp; 182731 |
| First Busey Corp. | 9070 | &nbsp;&nbsp; 200628 |
| First Business Financial Services, Inc. | 1211 | &nbsp;&nbsp; 59060 |
| First Commonwealth Financial Corp. | 15439 | &nbsp;&nbsp; 241157 |
| First Community Bankshares, Inc. | 2656 | &nbsp;&nbsp; 99866 |
| First Financial Bancorp | 13350 | &nbsp;&nbsp; 322536 |
| First Financial Bankshares, Inc.<sup>(c)</sup> | 25808 | &nbsp;&nbsp; 909990 |
| First Financial Corp. | 1649 | &nbsp;&nbsp; 85484 |
| First Interstate BancSystem, Inc., Class A | 7232 | &nbsp;&nbsp; 196349 |
| First Merchants Corp. | 7773 | &nbsp;&nbsp; 293042 |
| First Mid Bancshares, Inc. | 3297 | &nbsp;&nbsp; 116318 |
| FirstCash Holdings, Inc. | 4549 | &nbsp;&nbsp; 581863 |
| Five Star Bancorp | 3303 | &nbsp;&nbsp; 92352 |
| Franklin BSP Realty Trust, Inc. | 6353 | &nbsp;&nbsp; 70074 |
| Fulton Financial Corp. | 28461 | &nbsp;&nbsp; 490952 |
| GCM Grosvenor, Inc., Class A | 9750 | &nbsp;&nbsp; 122947 |
| Genworth Financial, Inc., Class A<sup>(b)</sup> | 27216 | &nbsp;&nbsp; 191873 |
| German American Bancorp, Inc. | 6425 | &nbsp;&nbsp; 245531 |
| Glacier Bancorp, Inc.<sup>(c)</sup> | 15886 | &nbsp;&nbsp; 658792 |
| Goosehead Insurance, Inc., Class A<sup>(c)</sup> | 2905 | &nbsp;&nbsp; 314495 |
| Great Southern Bancorp, Inc. | 890 | &nbsp;&nbsp; 49787 |
| Greenlight Capital Re Ltd., Class A<sup>(b)</sup> | 6865 | &nbsp;&nbsp; 99131 |
| HA Sustainable Infrastructure Capital, Inc.<sup>(c)</sup> | 5636 | &nbsp;&nbsp; 141182 |
| &nbsp;&nbsp;&nbsp; Hamilton Insurance Group Ltd., Class B <br> (Bermuda)<sup>(b)</sup><br>| 5770 | &nbsp;&nbsp; 125555 |
| Hamilton Lane, Inc., Class A<sup>(c)</sup> | 17862 | &nbsp;&nbsp; 2661438 |
| Hancock Whitney Corp. | 8583 | &nbsp;&nbsp; 469233 |
| Hanmi Financial Corp. | 4337 | &nbsp;&nbsp; 99404 |
| HarborOne Bancorp, Inc. | 4975 | &nbsp;&nbsp; 56616 |
| HCI Group, Inc.<sup>(c)</sup> | 1300 | &nbsp;&nbsp; 219401 |
| Heritage Commerce Corp. | 6164 | &nbsp;&nbsp; 57079 |
| Heritage Financial Corp. | 4698 | &nbsp;&nbsp; 109839 |
| Hingham Institution for Savings (The)<sup>(c)</sup> | 297 | &nbsp;&nbsp; 71996 |
| Home BancShares, Inc. | 28988 | &nbsp;&nbsp; 820071 |
| HomeTrust Bancshares, Inc. | 2825 | &nbsp;&nbsp; 101954 |
| Hope Bancorp, Inc. | 14503 | &nbsp;&nbsp; 145610 |
| Horace Mann Educators Corp. | 8558 | &nbsp;&nbsp; 371674 |
| Horizon Bancorp, Inc. | 5543 | &nbsp;&nbsp; 82258 |
| Independent Bank Corp. | 4289 | &nbsp;&nbsp; 263773 |
| Independent Bank Corp. | 4144 | &nbsp;&nbsp; 130660 |
| International Bancshares Corp. | 11602 | &nbsp;&nbsp; 726633 |
| International Money Express, Inc.<sup>(b)</sup> | 6242 | &nbsp;&nbsp; 68849 |
| Investors Title Co. | 553 | &nbsp;&nbsp; 129413 |
| Jackson Financial, Inc., Class A | 14756 | &nbsp;&nbsp; 1208664 |
| Ladder Capital Corp. | 7492 | &nbsp;&nbsp; 78816 |
| Lakeland Financial Corp. | 2444 | &nbsp;&nbsp; 146322 |
| Live Oak Bancshares, Inc. | 2085 | &nbsp;&nbsp; 57233 |
| Mercantile Bank Corp. | 2268 | &nbsp;&nbsp; 100155 |
| Merchants Bancorp | 3448 | &nbsp;&nbsp; 110405 |
| Mercury General Corp. | 8473 | &nbsp;&nbsp; 546339 |

---

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

------

**Invesco Russell 2000**<sup>®</sup> **Dynamic Multifactor ETF (OMFS)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| MetroCity Bankshares, Inc. | 3537 | &nbsp;&nbsp; $98824 |
| Mid Penn Bancorp, Inc.<sup>(c)</sup> | 2465 | &nbsp;&nbsp; 65692 |
| MidWestOne Financial Group, Inc. | 2178 | &nbsp;&nbsp; 62617 |
| Moelis & Co., Class A | 5880 | &nbsp;&nbsp; 335807 |
| Mr. Cooper Group, Inc.<sup>(b)</sup> | 13833 | &nbsp;&nbsp; 1791788 |
| National Bank Holdings Corp., Class A | 6102 | &nbsp;&nbsp; 220587 |
| NBT Bancorp, Inc. | 6054 | &nbsp;&nbsp; 253360 |
| NCR Atleos Corp.<sup>(b)</sup> | 17464 | &nbsp;&nbsp; 462971 |
| Nelnet, Inc., Class A | 2029 | &nbsp;&nbsp; 235729 |
| Nicolet Bankshares, Inc. | 2454 | &nbsp;&nbsp; 300959 |
| NMI Holdings, Inc., Class A<sup>(b)</sup> | 15669 | &nbsp;&nbsp; 622373 |
| Northeast Bank | 1481 | &nbsp;&nbsp; 124152 |
| Northeast Community Bancorp, Inc. | 4541 | &nbsp;&nbsp; 102717 |
| Northfield Bancorp, Inc. | 4485 | &nbsp;&nbsp; 52385 |
| Northrim BanCorp, Inc. | 1078 | &nbsp;&nbsp; 98745 |
| Northwest Bancshares, Inc. | 20965 | &nbsp;&nbsp; 257450 |
| OceanFirst Financial Corp. | 7110 | &nbsp;&nbsp; 119519 |
| OFG Bancorp | 6189 | &nbsp;&nbsp; 254615 |
| Old National Bancorp | 51587 | &nbsp;&nbsp; 1076105 |
| Old Second Bancorp, Inc. | 5260 | &nbsp;&nbsp; 87000 |
| Orrstown Financial Services, Inc. | 3849 | &nbsp;&nbsp; 115701 |
| Pacific Premier Bancorp, Inc. | 3973 | &nbsp;&nbsp; 84228 |
| Palomar Holdings, Inc.<sup>(b)</sup> | 6370 | &nbsp;&nbsp; 1092264 |
| Park National Corp. | 3431 | &nbsp;&nbsp; 557743 |
| Pathward Financial, Inc. | 5112 | &nbsp;&nbsp; 398992 |
| Payoneer Global, Inc.<sup>(b)</sup> | 78777 | &nbsp;&nbsp; 536471 |
| Peapack-Gladstone Financial Corp. | 1791 | &nbsp;&nbsp; 49109 |
| PennyMac Financial Services, Inc. | 1859 | &nbsp;&nbsp; 178464 |
| Peoples Bancorp, Inc. | 3493 | &nbsp;&nbsp; 102415 |
| Perella Weinberg Partners | 8317 | &nbsp;&nbsp; 144466 |
| Piper Sandler Cos. | 5624 | &nbsp;&nbsp; 1414155 |
| PJT Partners, Inc., Class A<sup>(c)</sup> | 7469 | &nbsp;&nbsp; 1125280 |
| Preferred Bank<sup>(c)</sup> | 2239 | &nbsp;&nbsp; 187203 |
| PROG Holdings, Inc. | 2270 | &nbsp;&nbsp; 65444 |
| Provident Financial Services, Inc. | 15029 | &nbsp;&nbsp; 250984 |
| QCR Holdings, Inc. | 3715 | &nbsp;&nbsp; 250019 |
| Radian Group, Inc. | 34731 | &nbsp;&nbsp; 1186064 |
| RBB Bancorp | 2513 | &nbsp;&nbsp; 42671 |
| Renasant Corp. | 10674 | &nbsp;&nbsp; 374124 |
| Republic Bancorp, Inc., Class A | 2073 | &nbsp;&nbsp; 142083 |
| S&T Bancorp, Inc. | 7276 | &nbsp;&nbsp; 266738 |
| Safety Insurance Group, Inc. | 1746 | &nbsp;&nbsp; 143416 |
| Seacoast Banking Corp. of Florida | 4895 | &nbsp;&nbsp; 126438 |
| Selective Insurance Group, Inc. | 13451 | &nbsp;&nbsp; 1183957 |
| ServisFirst Bancshares, Inc. | 9924 | &nbsp;&nbsp; 738643 |
| Shore Bancshares, Inc. | 3263 | &nbsp;&nbsp; 47281 |
| Sierra Bancorp | 2409 | &nbsp;&nbsp; 65934 |
| Simmons First National Corp., Class A | 17968 | &nbsp;&nbsp; 337080 |
| SiriusPoint Ltd. (Sweden)<sup>(b)</sup> | 18794 | &nbsp;&nbsp; 368174 |
| Skyward Specialty Insurance Group, Inc.<sup>(b)</sup> | 12168 | &nbsp;&nbsp; 770843 |
| SmartFinancial, Inc. | 3354 | &nbsp;&nbsp; 106590 |
| South Plains Financial, Inc. | 2359 | &nbsp;&nbsp; 84853 |
| Southern Missouri Bancorp, Inc. | 1413 | &nbsp;&nbsp; 74409 |
| Southside Bancshares, Inc. | 3400 | &nbsp;&nbsp; 95846 |
| SouthState Corp. | 12403 | &nbsp;&nbsp; 1088983 |
| Stellar Bancorp, Inc. | 4271 | &nbsp;&nbsp; 114975 |
| StepStone Group, Inc., Class A | 19233 | &nbsp;&nbsp; 1112629 |
| Stewart Information Services Corp. | 4058 | &nbsp;&nbsp; 244860 |
| Stock Yards Bancorp, Inc. | 5817 | &nbsp;&nbsp; 427899 |
| StoneX Group, Inc.<sup>(b)</sup> | 7916 | &nbsp;&nbsp; 670129 |
| Texas Capital Bancshares, Inc.<sup>(b)</sup> | 5625 | &nbsp;&nbsp; 403256 |
| Third Coast Bancshares, Inc.<sup>(b)(c)</sup> | 3026 | &nbsp;&nbsp; 92777 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Financials-(continued)** | **Financials-(continued)** | **Financials-(continued)** |
| Tompkins Financial Corp. | 1380 | &nbsp;&nbsp; $84732 |
| Towne Bank<sup>(c)</sup> | 9712 | &nbsp;&nbsp; 335647 |
| TriCo Bancshares | 3274 | &nbsp;&nbsp; 130633 |
| Triumph Financial, Inc.<sup>(b)(c)</sup> | 2400 | &nbsp;&nbsp; 138648 |
| TrustCo Bank Corp. | 2625 | &nbsp;&nbsp; 81480 |
| Trustmark Corp. | 11980 | &nbsp;&nbsp; 412831 |
| UMB Financial Corp. | 15260 | &nbsp;&nbsp; 1573611 |
| United Bankshares, Inc. | 14387 | &nbsp;&nbsp; 519946 |
| United Community Banks, Inc. | 10248 | &nbsp;&nbsp; 294528 |
| Unity Bancorp, Inc. | 1545 | &nbsp;&nbsp; 68297 |
| Universal Insurance Holdings, Inc. | 3916 | &nbsp;&nbsp; 106280 |
| Univest Financial Corp. | 6126 | &nbsp;&nbsp; 180840 |
| Valley National Bancorp | 25075 | &nbsp;&nbsp; 220158 |
| Veritex Holdings, Inc. | 5623 | &nbsp;&nbsp; 136077 |
| Victory Capital Holdings, Inc., Class A | 18516 | &nbsp;&nbsp; 1148177 |
| Virtus Investment Partners, Inc. | 675 | &nbsp;&nbsp; 115222 |
| WaFd, Inc. | 7594 | &nbsp;&nbsp; 215821 |
| Walker & Dunlop, Inc. | 1971 | &nbsp;&nbsp; 134994 |
| Washington Trust Bancorp, Inc. | 2343 | &nbsp;&nbsp; 64807 |
| WesBanco, Inc. | 10455 | &nbsp;&nbsp; 321805 |
| Westamerica Bancorporation | 2363 | &nbsp;&nbsp; 113542 |
| WisdomTree, Inc. | 49327 | &nbsp;&nbsp; 465647 |
| WSFS Financial Corp. | 7626 | &nbsp;&nbsp; 403339 |
|  |  | &nbsp;&nbsp; 62576011 |
| **Health Care-8.59%** | **Health Care-8.59%** | **Health Care-8.59%** |
| AdaptHealth Corp.<sup>(b)</sup> | 10468 | &nbsp;&nbsp; 94003 |
| Addus HomeCare Corp.<sup>(b)</sup> | 3749 | &nbsp;&nbsp; 415802 |
| ADMA Biologics, Inc.<sup>(b)</sup> | 6273 | &nbsp;&nbsp; 124456 |
| Agios Pharmaceuticals, Inc.<sup>(b)</sup> | 7351 | &nbsp;&nbsp; 235894 |
| Alkermes PLC<sup>(b)</sup> | 18094 | &nbsp;&nbsp; 553857 |
| Amneal Pharmaceuticals, Inc.<sup>(b)</sup> | 10719 | &nbsp;&nbsp; 78463 |
| ANI Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 1165 | &nbsp;&nbsp; 68409 |
| Arcellx, Inc.<sup>(b)(c)</sup> | 1281 | &nbsp;&nbsp; 79499 |
| Artivion, Inc.<sup>(b)(c)</sup> | 3471 | &nbsp;&nbsp; 102672 |
| Astrana Health, Inc.<sup>(b)(c)</sup> | 5804 | &nbsp;&nbsp; 143881 |
| Avanos Medical, Inc.<sup>(b)</sup> | 3285 | &nbsp;&nbsp; 41292 |
| Catalyst Pharmaceuticals, Inc.<sup>(b)</sup> | 16194 | &nbsp;&nbsp; 404202 |
| Collegium Pharmaceutical, Inc.<sup>(b)(c)</sup> | 2100 | &nbsp;&nbsp; 61194 |
| Concentra Group Holdings Parent, Inc. | 3255 | &nbsp;&nbsp; 70406 |
| Corcept Therapeutics, Inc.<sup>(b)(c)</sup> | 36869 | &nbsp;&nbsp; 2859560 |
| CorVel Corp.<sup>(b)</sup> | 10697 | &nbsp;&nbsp; 1190255 |
| Edgewise Therapeutics, Inc.<sup>(b)(c)</sup> | 2090 | &nbsp;&nbsp; 29845 |
| Ensign Group, Inc. (The) | 14350 | &nbsp;&nbsp; 2113181 |
| Glaukos Corp.<sup>(b)</sup> | 2681 | &nbsp;&nbsp; 252792 |
| Haemonetics Corp.<sup>(b)(c)</sup> | 1482 | &nbsp;&nbsp; 100346 |
| Halozyme Therapeutics, Inc.<sup>(b)</sup> | 18056 | &nbsp;&nbsp; 1012400 |
| Harmony Biosciences Holdings, Inc.<sup>(b)</sup> | 4550 | &nbsp;&nbsp; 156975 |
| HealthEquity, Inc.<sup>(b)</sup> | 13655 | &nbsp;&nbsp; 1373830 |
| HealthStream, Inc. | 5363 | &nbsp;&nbsp; 150271 |
| Hims & Hers Health, Inc.<sup>(b)(c)</sup> | 21984 | &nbsp;&nbsp; 1243415 |
| ICU Medical, Inc.<sup>(b)</sup> | 2902 | &nbsp;&nbsp; 391364 |
| Innoviva, Inc.<sup>(b)(c)</sup> | 4332 | &nbsp;&nbsp; 84777 |
| Integer Holdings Corp.<sup>(b)(c)</sup> | 5813 | &nbsp;&nbsp; 690352 |
| iRadimed Corp. | 2021 | &nbsp;&nbsp; 116976 |
| Krystal Biotech, Inc.<sup>(b)(c)</sup> | 889 | &nbsp;&nbsp; 111978 |
| Lantheus Holdings, Inc.<sup>(b)</sup> | 2331 | &nbsp;&nbsp; 176130 |
| LeMaitre Vascular, Inc. | 9007 | &nbsp;&nbsp; 740375 |
| Ligand Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 1858 | &nbsp;&nbsp; 189869 |
| LivaNova PLC<sup>(b)</sup> | 2235 | &nbsp;&nbsp; 96664 |
| MannKind Corp.<sup>(b)(c)</sup> | 34831 | &nbsp;&nbsp; 144549 |
| Merit Medical Systems, Inc.<sup>(b)</sup> | 11242 | &nbsp;&nbsp; 1068327 |
| Mesa Laboratories, Inc. | 522 | &nbsp;&nbsp; 52524 |

---

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

------

**Invesco Russell 2000**<sup>®</sup> **Dynamic Multifactor ETF (OMFS)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Health Care-(continued)** | **Health Care-(continued)** | **Health Care-(continued)** |
| Mirum Pharmaceuticals, Inc.<sup>(b)(c)</sup> | 1447 | &nbsp;&nbsp; $64334 |
| National HealthCare Corp. | 4657 | &nbsp;&nbsp; 484980 |
| Option Care Health, Inc.<sup>(b)</sup> | 4308 | &nbsp;&nbsp; 140785 |
| Pacira BioSciences, Inc.<sup>(b)</sup> | 3812 | &nbsp;&nbsp; 98502 |
| Pediatrix Medical Group, Inc.<sup>(b)</sup> | 4749 | &nbsp;&nbsp; 67198 |
| Pennant Group, Inc. (The)<sup>(b)</sup> | 2424 | &nbsp;&nbsp; 69593 |
| Phibro Animal Health Corp., Class A | 4762 | &nbsp;&nbsp; 116288 |
| Prestige Consumer Healthcare, Inc.<sup>(b)</sup> | 7743 | &nbsp;&nbsp; 663343 |
| PTC Therapeutics, Inc.<sup>(b)</sup> | 1325 | &nbsp;&nbsp; 64289 |
| RadNet, Inc.<sup>(b)(c)</sup> | 4347 | &nbsp;&nbsp; 249909 |
| Select Medical Holdings Corp. | 9674 | &nbsp;&nbsp; 147916 |
| SIGA Technologies, Inc. | 9665 | &nbsp;&nbsp; 57797 |
| Supernus Pharmaceuticals, Inc.<sup>(b)</sup> | 11022 | &nbsp;&nbsp; 349397 |
| U.S. Physical Therapy, Inc. | 601 | &nbsp;&nbsp; 45069 |
| UFP Technologies, Inc.<sup>(b)(c)</sup> | 1461 | &nbsp;&nbsp; 342166 |
| Veracyte, Inc.<sup>(b)</sup> | 2582 | &nbsp;&nbsp; 68707 |
| Vericel Corp.<sup>(b)(c)</sup> | 4414 | &nbsp;&nbsp; 182276 |
| Xencor, Inc.<sup>(b)(c)</sup> | 2073 | &nbsp;&nbsp; 16584 |
|  |  | &nbsp;&nbsp; 20049918 |
| **Industrials-22.58%** | **Industrials-22.58%** | **Industrials-22.58%** |
| ABM Industries, Inc. | 7678 | &nbsp;&nbsp; 404247 |
| AeroVironment, Inc.<sup>(b)(c)</sup> | 1084 | &nbsp;&nbsp; 192984 |
| Alamo Group, Inc. | 519 | &nbsp;&nbsp; 102783 |
| Alight, Inc., Class A | 13825 | &nbsp;&nbsp; 75484 |
| Apogee Enterprises, Inc. | 6005 | &nbsp;&nbsp; 232093 |
| Applied Industrial Technologies, Inc. | 8641 | &nbsp;&nbsp; 1957359 |
| Arcosa, Inc. | 5180 | &nbsp;&nbsp; 446879 |
| Argan, Inc. | 7876 | &nbsp;&nbsp; 1656323 |
| Astec Industries, Inc. | 1545 | &nbsp;&nbsp; 60703 |
| Atmus Filtration Technologies, Inc. | 63166 | &nbsp;&nbsp; 2275239 |
| AZZ, Inc. | 13125 | &nbsp;&nbsp; 1190306 |
| Barrett Business Services, Inc. | 6140 | &nbsp;&nbsp; 253735 |
| Boise Cascade Co. | 741 | &nbsp;&nbsp; 64378 |
| BrightView Holdings, Inc.<sup>(b)</sup> | 7844 | &nbsp;&nbsp; 122210 |
| Brink's Co. (The) | 3164 | &nbsp;&nbsp; 259638 |
| Brookfield Business Corp., Class A (Canada) | 2853 | &nbsp;&nbsp; 81396 |
| Cadre Holdings, Inc. | 2776 | &nbsp;&nbsp; 90970 |
| Casella Waste Systems, Inc., Class A<sup>(b)</sup> | 496 | &nbsp;&nbsp; 58136 |
| CBIZ, Inc.<sup>(b)(c)</sup> | 13557 | &nbsp;&nbsp; 979358 |
| CECO Environmental Corp.<sup>(b)(c)</sup> | 5480 | &nbsp;&nbsp; 147357 |
| Construction Partners, Inc., Class A<sup>(b)(c)</sup> | 5154 | &nbsp;&nbsp; 539572 |
| CoreCivic, Inc.<sup>(b)</sup> | 10863 | &nbsp;&nbsp; 238551 |
| Costamare Bulkers Holdings Ltd. (Monaco)<sup>(b)</sup> | 1361 | &nbsp;&nbsp; 12739 |
| Costamare, Inc. (Monaco) | 6807 | &nbsp;&nbsp; 58336 |
| CRA International, Inc. | 3541 | &nbsp;&nbsp; 672967 |
| CSG Systems International, Inc. | 2491 | &nbsp;&nbsp; 164555 |
| CSW Industrials, Inc.<sup>(c)</sup> | 9879 | &nbsp;&nbsp; 3020899 |
| Deluxe Corp. | 2544 | &nbsp;&nbsp; 36303 |
| DNOW, Inc.<sup>(b)</sup> | 12474 | &nbsp;&nbsp; 179875 |
| Driven Brands Holdings, Inc.<sup>(b)(c)</sup> | 11166 | &nbsp;&nbsp; 198978 |
| DXP Enterprises, Inc.<sup>(b)</sup> | 1709 | &nbsp;&nbsp; 141300 |
| Dycom Industries, Inc.<sup>(b)</sup> | 2143 | &nbsp;&nbsp; 492719 |
| Enerpac Tool Group Corp. | 12977 | &nbsp;&nbsp; 556454 |
| EnerSys | 2085 | &nbsp;&nbsp; 174369 |
| Ennis, Inc.<sup>(c)</sup> | 3863 | &nbsp;&nbsp; 72122 |
| Enpro, Inc. | 1782 | &nbsp;&nbsp; 329919 |
| ESCO Technologies, Inc. | 6812 | &nbsp;&nbsp; 1234607 |
| ExlService Holdings, Inc.<sup>(b)</sup> | 75853 | &nbsp;&nbsp; 3488479 |
| Exponent, Inc. | 12068 | &nbsp;&nbsp; 921271 |
| Federal Signal Corp.<sup>(c)</sup> | 15301 | &nbsp;&nbsp; 1439365 |
| First Advantage Corp.<sup>(b)(c)</sup> | 6187 | &nbsp;&nbsp; 105921 |
| Fluor Corp.<sup>(b)</sup> | 10629 | &nbsp;&nbsp; 441954 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Franklin Electric Co., Inc. | 8943 | &nbsp;&nbsp; $772586 |
| FTAI Aviation Ltd. | 15825 | &nbsp;&nbsp; 1853899 |
| FTAI Infrastructure, Inc. | 7591 | &nbsp;&nbsp; 46381 |
| GATX Corp. | 4334 | &nbsp;&nbsp; 690146 |
| Gencor Industries, Inc.<sup>(b)(c)</sup> | 3228 | &nbsp;&nbsp; 44514 |
| GEO Group, Inc. (The)<sup>(b)(c)</sup> | 38435 | &nbsp;&nbsp; 1043126 |
| Gibraltar Industries, Inc.<sup>(b)</sup> | 2184 | &nbsp;&nbsp; 127939 |
| GMS, Inc.<sup>(b)</sup> | 1144 | &nbsp;&nbsp; 86635 |
| Golden Ocean Group Ltd. (Norway) | 7964 | &nbsp;&nbsp; 61323 |
| Gorman-Rupp Co. (The) | 5825 | &nbsp;&nbsp; 212612 |
| Graham Corp.<sup>(b)(c)</sup> | 2795 | &nbsp;&nbsp; 110207 |
| Granite Construction, Inc.<sup>(c)</sup> | 1508 | &nbsp;&nbsp; 134891 |
| Greenbrier Cos., Inc. (The) | 1181 | &nbsp;&nbsp; 53228 |
| Griffon Corp. | 3783 | &nbsp;&nbsp; 260081 |
| H&E Equipment Services, Inc. | 1740 | &nbsp;&nbsp; 164674 |
| Heidrick & Struggles International, Inc. | 5263 | &nbsp;&nbsp; 229783 |
| Helios Technologies, Inc. | 1184 | &nbsp;&nbsp; 35899 |
| Herc Holdings, Inc. | 683 | &nbsp;&nbsp; 84692 |
| Hillman Solutions Corp.<sup>(b)</sup> | 27130 | &nbsp;&nbsp; 196421 |
| Huron Consulting Group, Inc.<sup>(b)</sup> | 4802 | &nbsp;&nbsp; 685870 |
| Hyster-Yale, Inc. | 1050 | &nbsp;&nbsp; 42168 |
| ICF International, Inc. | 1792 | &nbsp;&nbsp; 153969 |
| IES Holdings, Inc.<sup>(b)(c)</sup> | 2052 | &nbsp;&nbsp; 532822 |
| Interface, Inc. | 4956 | &nbsp;&nbsp; 99566 |
| JetBlue Airways Corp.<sup>(b)(c)</sup> | 15236 | &nbsp;&nbsp; 76942 |
| Kadant, Inc.<sup>(c)</sup> | 4019 | &nbsp;&nbsp; 1261604 |
| Kennametal, Inc. | 8116 | &nbsp;&nbsp; 174737 |
| Kforce, Inc. | 1040 | &nbsp;&nbsp; 42432 |
| Korn Ferry | 9328 | &nbsp;&nbsp; 634397 |
| Kratos Defense & Security Solutions, Inc.<sup>(b)(c)</sup> | 7014 | &nbsp;&nbsp; 258746 |
| LB Foster Co., Class A<sup>(b)</sup> | 2622 | &nbsp;&nbsp; 49530 |
| Legalzoom.com, Inc.<sup>(b)</sup> | 7331 | &nbsp;&nbsp; 66932 |
| Leonardo DRS, Inc. | 10476 | &nbsp;&nbsp; 443135 |
| Limbach Holdings, Inc.<sup>(b)</sup> | 2457 | &nbsp;&nbsp; 315037 |
| Liquidity Services, Inc.<sup>(b)(c)</sup> | 3516 | &nbsp;&nbsp; 82169 |
| MasterBrand, Inc.<sup>(b)</sup> | 6488 | &nbsp;&nbsp; 66178 |
| Matson, Inc. | 2452 | &nbsp;&nbsp; 276708 |
| Maximus, Inc. | 5796 | &nbsp;&nbsp; 420268 |
| McGrath RentCorp | 783 | &nbsp;&nbsp; 87994 |
| Miller Industries, Inc. | 3297 | &nbsp;&nbsp; 149453 |
| MillerKnoll, Inc. | 2611 | &nbsp;&nbsp; 44048 |
| Moog, Inc., Class A | 4217 | &nbsp;&nbsp; 781452 |
| Mueller Industries, Inc. | 19405 | &nbsp;&nbsp; 1511067 |
| Mueller Water Products, Inc., Class A | 53160 | &nbsp;&nbsp; 1304015 |
| MYR Group, Inc.<sup>(b)</sup> | 2230 | &nbsp;&nbsp; 349775 |
| National Presto Industries, Inc. | 706 | &nbsp;&nbsp; 60469 |
| Northwest Pipe Co.<sup>(b)</sup> | 2797 | &nbsp;&nbsp; 108076 |
| NuScale Power Corp.<sup>(b)(c)</sup> | 3965 | &nbsp;&nbsp; 126840 |
| OPENLANE, Inc.<sup>(b)(c)</sup> | 17885 | &nbsp;&nbsp; 410103 |
| Powell Industries, Inc. | 1152 | &nbsp;&nbsp; 195368 |
| Primoris Services Corp. | 22565 | &nbsp;&nbsp; 1627162 |
| Resideo Technologies, Inc.<sup>(b)</sup> | 3657 | &nbsp;&nbsp; 75700 |
| REV Group, Inc. | 16326 | &nbsp;&nbsp; 612062 |
| Rush Enterprises, Inc., Class A | 7836 | &nbsp;&nbsp; 389057 |
| SkyWest, Inc.<sup>(b)</sup> | 914 | &nbsp;&nbsp; 92725 |
| SPX Technologies, Inc.<sup>(b)</sup> | 8519 | &nbsp;&nbsp; 1295655 |
| Standex International Corp. | 2488 | &nbsp;&nbsp; 375539 |
| Steelcase, Inc., Class A | 4456 | &nbsp;&nbsp; 45941 |
| Sterling Infrastructure, Inc.<sup>(b)(c)</sup> | 6962 | &nbsp;&nbsp; 1308926 |
| Taylor Devices, Inc.<sup>(b)(c)</sup> | 1340 | &nbsp;&nbsp; 49486 |
| Tecnoglass, Inc.<sup>(c)</sup> | 1204 | &nbsp;&nbsp; 103099 |
| Tennant Co. | 2520 | &nbsp;&nbsp; 187538 |

---

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

------

**Invesco Russell 2000**<sup>®</sup> **Dynamic Multifactor ETF (OMFS)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Industrials-(continued)** | **Industrials-(continued)** | **Industrials-(continued)** |
| Terex Corp. | 2190 | &nbsp;&nbsp; $98572 |
| Thermon Group Holdings, Inc.<sup>(b)</sup> | 1967 | &nbsp;&nbsp; 51024 |
| TriNet Group, Inc. | 1957 | &nbsp;&nbsp; 162842 |
| Trinity Industries, Inc. | 10780 | &nbsp;&nbsp; 277477 |
| Tutor Perini Corp.<sup>(b)</sup> | 4241 | &nbsp;&nbsp; 156408 |
| UFP Industries, Inc. | 1385 | &nbsp;&nbsp; 135121 |
| UniFirst Corp. | 1895 | &nbsp;&nbsp; 357321 |
| V2X, Inc.<sup>(b)</sup> | 3604 | &nbsp;&nbsp; 163189 |
| Verra Mobility Corp., Class A<sup>(b)</sup> | 7507 | &nbsp;&nbsp; 177541 |
| Vicor Corp.<sup>(b)(c)</sup> | 2115 | &nbsp;&nbsp; 92299 |
| Watts Water Technologies, Inc., Class A | 2353 | &nbsp;&nbsp; 569708 |
| Werner Enterprises, Inc.<sup>(c)</sup> | 3907 | &nbsp;&nbsp; 101387 |
| Willdan Group, Inc.<sup>(b)</sup> | 2335 | &nbsp;&nbsp; 126207 |
| WNS (Holdings) Ltd. (India)<sup>(b)(c)</sup> | 4161 | &nbsp;&nbsp; 241296 |
| Zurn Elkay Water Solutions Corp. | 44579 | &nbsp;&nbsp; 1613314 |
|  |  | &nbsp;&nbsp; 52680336 |
| **Information Technology-10.83%** | **Information Technology-10.83%** | **Information Technology-10.83%** |
| A10 Networks, Inc. | 8437 | &nbsp;&nbsp; 145623 |
| ACI Worldwide, Inc.<sup>(b)</sup> | 17594 | &nbsp;&nbsp; 813898 |
| Adeia, Inc. | 4024 | &nbsp;&nbsp; 51668 |
| Advanced Energy Industries, Inc. | 878 | &nbsp;&nbsp; 100777 |
| Agilysys, Inc.<sup>(b)(c)</sup> | 3257 | &nbsp;&nbsp; 344949 |
| Alarm.com Holdings, Inc.<sup>(b)(c)</sup> | 1881 | &nbsp;&nbsp; 107969 |
| Alkami Technology, Inc.<sup>(b)(c)</sup> | 12479 | &nbsp;&nbsp; 357399 |
| ASGN, Inc.<sup>(b)</sup> | 2344 | &nbsp;&nbsp; 123787 |
| AvePoint, Inc.<sup>(b)(c)</sup> | 48478 | &nbsp;&nbsp; 904115 |
| Badger Meter, Inc. | 12211 | &nbsp;&nbsp; 3031014 |
| Bel Fuse, Inc., Class B<sup>(c)</sup> | 1008 | &nbsp;&nbsp; 74390 |
| Belden, Inc. | 4877 | &nbsp;&nbsp; 517937 |
| Benchmark Electronics, Inc. | 5654 | &nbsp;&nbsp; 206484 |
| Blackbaud, Inc.<sup>(b)</sup> | 2191 | &nbsp;&nbsp; 136346 |
| Box, Inc., Class A<sup>(b)(c)</sup> | 21322 | &nbsp;&nbsp; 806398 |
| Calix, Inc.<sup>(b)</sup> | 1889 | &nbsp;&nbsp; 87347 |
| Clear Secure, Inc., Class A | 11402 | &nbsp;&nbsp; 282200 |
| &nbsp;&nbsp;&nbsp; Clearwater Analytics Holdings, Inc., <br> Class A<sup>(b)</sup><br>| 12901 | &nbsp;&nbsp; 298013 |
| Climb Global Solutions, Inc. | 525 | &nbsp;&nbsp; 57842 |
| Commvault Systems, Inc.<sup>(b)</sup> | 20747 | &nbsp;&nbsp; 3799813 |
| CTS Corp. | 6612 | &nbsp;&nbsp; 269042 |
| Daily Journal Corp.<sup>(b)(c)</sup> | 346 | &nbsp;&nbsp; 145815 |
| Daktronics, Inc.<sup>(b)(c)</sup> | 10427 | &nbsp;&nbsp; 154737 |
| Digi International, Inc.<sup>(b)(c)</sup> | 5900 | &nbsp;&nbsp; 191219 |
| DigitalOcean Holdings, Inc.<sup>(b)(c)</sup> | 1437 | &nbsp;&nbsp; 40667 |
| ePlus, Inc.<sup>(b)(c)</sup> | 4028 | &nbsp;&nbsp; 287478 |
| Fabrinet (Thailand)<sup>(b)</sup> | 5634 | &nbsp;&nbsp; 1311990 |
| FormFactor, Inc.<sup>(b)</sup> | 2773 | &nbsp;&nbsp; 82774 |
| Hackett Group, Inc. (The) | 5013 | &nbsp;&nbsp; 122919 |
| Harmonic, Inc.<sup>(b)(c)</sup> | 9042 | &nbsp;&nbsp; 81559 |
| Impinj, Inc.<sup>(b)(c)</sup> | 1021 | &nbsp;&nbsp; 116486 |
| Intapp, Inc.<sup>(b)(c)</sup> | 8370 | &nbsp;&nbsp; 461354 |
| InterDigital, Inc.<sup>(c)</sup> | 9525 | &nbsp;&nbsp; 2069401 |
| Itron, Inc.<sup>(b)</sup> | 5486 | &nbsp;&nbsp; 634182 |
| Knowles Corp.<sup>(b)(c)</sup> | 2890 | &nbsp;&nbsp; 47425 |
| Kulicke & Soffa Industries, Inc. (Singapore)<sup>(c)</sup> | 3141 | &nbsp;&nbsp; 100983 |
| LiveRamp Holdings, Inc.<sup>(b)</sup> | 2232 | &nbsp;&nbsp; 72719 |
| Mirion Technologies, Inc.<sup>(b)(c)</sup> | 22719 | &nbsp;&nbsp; 433933 |
| Napco Security Technologies, Inc. | 9168 | &nbsp;&nbsp; 255787 |
| NCR Voyix Corp.<sup>(b)(c)</sup> | 8535 | &nbsp;&nbsp; 94653 |
| NETGEAR, Inc.<sup>(b)(c)</sup> | 7493 | &nbsp;&nbsp; 219770 |
| NetScout Systems, Inc.<sup>(b)</sup> | 2907 | &nbsp;&nbsp; 66396 |
| Novanta, Inc.<sup>(b)</sup> | 2340 | &nbsp;&nbsp; 289739 |
| OneSpan, Inc. | 5067 | &nbsp;&nbsp; 80717 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology-(continued)** | **Information Technology-(continued)** | **Information Technology-(continued)** |
| OSI Systems, Inc.<sup>(b)(c)</sup> | 673 | &nbsp;&nbsp; $147461 |
| PAR Technology Corp.<sup>(b)(c)</sup> | 2018 | &nbsp;&nbsp; 132300 |
| Plexus Corp.<sup>(b)</sup> | 7459 | &nbsp;&nbsp; 979068 |
| Progress Software Corp. | 1792 | &nbsp;&nbsp; 110316 |
| Q2 Holdings, Inc.<sup>(b)</sup> | 10826 | &nbsp;&nbsp; 947492 |
| Qualys, Inc.<sup>(b)</sup> | 963 | &nbsp;&nbsp; 133424 |
| Rambus, Inc.<sup>(b)</sup> | 2760 | &nbsp;&nbsp; 147577 |
| Red Violet, Inc.<sup>(c)</sup> | 1820 | &nbsp;&nbsp; 88379 |
| ReposiTrak, Inc.<sup>(c)</sup> | 4064 | &nbsp;&nbsp; 88676 |
| Sanmina Corp.<sup>(b)</sup> | 3496 | &nbsp;&nbsp; 296076 |
| Sapiens International Corp. N.V. (Israel)<sup>(c)</sup> | 9708 | &nbsp;&nbsp; 278620 |
| ScanSource, Inc.<sup>(b)</sup> | 4185 | &nbsp;&nbsp; 168990 |
| Semtech Corp.<sup>(b)</sup> | 17220 | &nbsp;&nbsp; 642823 |
| SPS Commerce, Inc.<sup>(b)</sup> | 2073 | &nbsp;&nbsp; 291795 |
| Tenable Holdings, Inc.<sup>(b)</sup> | 1275 | &nbsp;&nbsp; 41081 |
| TTM Technologies, Inc.<sup>(b)</sup> | 6927 | &nbsp;&nbsp; 206840 |
| Varonis Systems, Inc.<sup>(b)(c)</sup> | 1707 | &nbsp;&nbsp; 81390 |
| Vertex, Inc., Class A<sup>(b)(c)</sup> | 13730 | &nbsp;&nbsp; 543296 |
| Viavi Solutions, Inc.<sup>(b)(c)</sup> | 7164 | &nbsp;&nbsp; 65264 |
|  |  | &nbsp;&nbsp; 25270582 |
| **Materials-3.96%** | **Materials-3.96%** | **Materials-3.96%** |
| Avient Corp. | 3726 | &nbsp;&nbsp; 134620 |
| Balchem Corp. | 6726 | &nbsp;&nbsp; 1121224 |
| Cabot Corp. | 9341 | &nbsp;&nbsp; 697679 |
| Carpenter Technology Corp. | 7455 | &nbsp;&nbsp; 1751925 |
| Commercial Metals Co. | 13823 | &nbsp;&nbsp; 644014 |
| Greif, Inc., Class A | 988 | &nbsp;&nbsp; 54933 |
| H.B. Fuller Co. | 1110 | &nbsp;&nbsp; 61960 |
| Hawkins, Inc. | 4013 | &nbsp;&nbsp; 535695 |
| Innospec, Inc. | 2459 | &nbsp;&nbsp; 209212 |
| Kaiser Aluminum Corp. | 755 | &nbsp;&nbsp; 54806 |
| Knife River Corp.<sup>(b)</sup> | 17255 | &nbsp;&nbsp; 1623696 |
| Minerals Technologies, Inc. | 5373 | &nbsp;&nbsp; 305079 |
| Perimeter Solutions, Inc.<sup>(b)</sup> | 12130 | &nbsp;&nbsp; 146409 |
| Sensient Technologies Corp. | 6157 | &nbsp;&nbsp; 582021 |
| SSR Mining, Inc. (Canada)<sup>(b)</sup> | 15763 | &nbsp;&nbsp; 186476 |
| SunCoke Energy, Inc. | 4759 | &nbsp;&nbsp; 38738 |
| Sylvamo Corp. | 4823 | &nbsp;&nbsp; 255474 |
| United States Lime & Minerals, Inc. | 6243 | &nbsp;&nbsp; 641656 |
| Warrior Met Coal, Inc.<sup>(c)</sup> | 1372 | &nbsp;&nbsp; 62357 |
| Worthington Steel, Inc. | 5375 | &nbsp;&nbsp; 133838 |
|  |  | &nbsp;&nbsp; 9241812 |
| **Real Estate-9.03%** | **Real Estate-9.03%** | **Real Estate-9.03%** |
| Acadia Realty Trust | 40890 | &nbsp;&nbsp; 787541 |
| Alexander & Baldwin, Inc. | 12373 | &nbsp;&nbsp; 221600 |
| Alexander's, Inc.<sup>(c)</sup> | 784 | &nbsp;&nbsp; 176549 |
| American Assets Trust, Inc. | 12797 | &nbsp;&nbsp; 255172 |
| American Healthcare REIT, Inc. | 5686 | &nbsp;&nbsp; 198669 |
| Apple Hospitality REIT, Inc. | 10182 | &nbsp;&nbsp; 118009 |
| Armada Hoffler Properties, Inc. | 5691 | &nbsp;&nbsp; 39609 |
| Brandywine Realty Trust | 12519 | &nbsp;&nbsp; 52955 |
| Broadstone Net Lease, Inc. | 44517 | &nbsp;&nbsp; 708266 |
| CareTrust REIT, Inc. | 38140 | &nbsp;&nbsp; 1096906 |
| CBL & Associates Properties, Inc. | 4915 | &nbsp;&nbsp; 123907 |
| Centerspace | 6711 | &nbsp;&nbsp; 427826 |
| COPT Defense Properties | 22165 | &nbsp;&nbsp; 608429 |
| CTO Realty Growth, Inc. | 8443 | &nbsp;&nbsp; 155520 |
| Curbline Properties Corp. | 6368 | &nbsp;&nbsp; 144490 |
| Cushman & Wakefield PLC<sup>(b)</sup> | 29677 | &nbsp;&nbsp; 297660 |
| Douglas Emmett, Inc.<sup>(c)</sup> | 39368 | &nbsp;&nbsp; 560207 |
| Easterly Government Properties, Inc. | 3870 | &nbsp;&nbsp; 84095 |

---

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

------

**Invesco Russell 2000**<sup>®</sup> **Dynamic Multifactor ETF (OMFS)—(continued)**

May 31, 2025

*(Unaudited)*

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Real Estate-(continued)** | **Real Estate-(continued)** | **Real Estate-(continued)** |
| Elme Communities | 12691 | &nbsp;&nbsp; $203817 |
| Empire State Realty Trust, Inc., Class A | 21536 | &nbsp;&nbsp; 164966 |
| Essential Properties Realty Trust, Inc. | 31141 | &nbsp;&nbsp; 1012083 |
| Farmland Partners, Inc.<sup>(c)</sup> | 5077 | &nbsp;&nbsp; 57472 |
| Forestar Group, Inc.<sup>(b)</sup> | 2288 | &nbsp;&nbsp; 43815 |
| Four Corners Property Trust, Inc.<sup>(c)</sup> | 27262 | &nbsp;&nbsp; 752704 |
| Getty Realty Corp. | 14661 | &nbsp;&nbsp; 428981 |
| Gladstone Commercial Corp. | 9405 | &nbsp;&nbsp; 134962 |
| Independence Realty Trust, Inc. | 81897 | &nbsp;&nbsp; 1522465 |
| Innovative Industrial Properties, Inc. | 4309 | &nbsp;&nbsp; 237943 |
| &nbsp;&nbsp;&nbsp; JBG SMITH Properties, (Acquired <br> 07/05/2024 - 02/10/2025; <br> Cost $60,112)<sup>(c)(d)</sup><br>| 3927 | &nbsp;&nbsp; 67152 |
| Kite Realty Group Trust<sup>(c)</sup> | 37041 | &nbsp;&nbsp; 819347 |
| LTC Properties, Inc.<sup>(c)</sup> | 16999 | &nbsp;&nbsp; 601595 |
| LXP Industrial Trust<sup>(c)</sup> | 40541 | &nbsp;&nbsp; 347842 |
| Macerich Co. (The) | 5880 | &nbsp;&nbsp; 95138 |
| Marcus & Millichap, Inc. | 1350 | &nbsp;&nbsp; 38894 |
| National Health Investors, Inc. | 19729 | &nbsp;&nbsp; 1430550 |
| NETSTREIT Corp. | 7065 | &nbsp;&nbsp; 113747 |
| Newmark Group, Inc., Class A | 12317 | &nbsp;&nbsp; 135610 |
| NexPoint Residential Trust, Inc. | 8444 | &nbsp;&nbsp; 287096 |
| One Liberty Properties, Inc.<sup>(c)</sup> | 6507 | &nbsp;&nbsp; 159291 |
| Outfront Media, Inc. | 3579 | &nbsp;&nbsp; 59125 |
| Phillips Edison & Co., Inc. | 25460 | &nbsp;&nbsp; 902812 |
| Piedmont Office Realty Trust, Inc., Class A | 29921 | &nbsp;&nbsp; 213038 |
| PotlatchDeltic Corp. | 6570 | &nbsp;&nbsp; 258464 |
| Ryman Hospitality Properties, Inc.<sup>(c)</sup> | 815 | &nbsp;&nbsp; 79145 |
| Sabra Health Care REIT, Inc. | 34509 | &nbsp;&nbsp; 603217 |
| Safehold, Inc. | 2671 | &nbsp;&nbsp; 40252 |
| Saul Centers, Inc. | 1687 | &nbsp;&nbsp; 56818 |
| SITE Centers Corp. | 5785 | &nbsp;&nbsp; 68957 |
| SL Green Realty Corp. | 8345 | &nbsp;&nbsp; 473746 |
| St. Joe Co. (The) | 3115 | &nbsp;&nbsp; 139272 |
| Sunstone Hotel Investors, Inc. | 25672 | &nbsp;&nbsp; 230021 |
| Tanger, Inc. | 19318 | &nbsp;&nbsp; 575676 |
| Terreno Realty Corp. | 16655 | &nbsp;&nbsp; 939675 |
| UMH Properties, Inc. | 24374 | &nbsp;&nbsp; 409239 |
| Uniti Group, Inc.<sup>(c)</sup> | 21737 | &nbsp;&nbsp; 93469 |
| Urban Edge Properties | 47827 | &nbsp;&nbsp; 868538 |
| Veris Residential, Inc. | 8024 | &nbsp;&nbsp; 121965 |
| Whitestone REIT | 11318 | &nbsp;&nbsp; 139438 |
| Xenia Hotels & Resorts, Inc. | 6889 | &nbsp;&nbsp; 84252 |
|  |  | &nbsp;&nbsp; 21069999 |
| **Utilities-2.81%** | **Utilities-2.81%** | **Utilities-2.81%** |
| ALLETE, Inc. | 9526 | &nbsp;&nbsp; 619571 |
| American States Water Co. | 3409 | &nbsp;&nbsp; 268868 |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Utilities-(continued)** | **Utilities-(continued)** | **Utilities-(continued)** |
| Avista Corp. | 8037 | &nbsp;&nbsp; $309505 |
| Black Hills Corp. | 8578 | &nbsp;&nbsp; 501556 |
| Brookfield Infrastructure Corp. (Canada) | 2358 | &nbsp;&nbsp; 93306 |
| California Water Service Group | 2314 | &nbsp;&nbsp; 109336 |
| Chesapeake Utilities Corp. | 1000 | &nbsp;&nbsp; 122190 |
| MGE Energy, Inc. | 6499 | &nbsp;&nbsp; 586990 |
| New Jersey Resources Corp. | 7601 | &nbsp;&nbsp; 348810 |
| Northwest Natural Holding Co. | 4869 | &nbsp;&nbsp; 199483 |
| NorthWestern Energy Group, Inc. | 6295 | &nbsp;&nbsp; 348302 |
| ONE Gas, Inc. | 8716 | &nbsp;&nbsp; 651608 |
| Ormat Technologies, Inc. | 2755 | &nbsp;&nbsp; 204779 |
| Otter Tail Corp.<sup>(c)</sup> | 2556 | &nbsp;&nbsp; 197272 |
| Portland General Electric Co. | 8904 | &nbsp;&nbsp; 377529 |
| Southwest Gas Holdings, Inc. | 11031 | &nbsp;&nbsp; 792357 |
| Spire, Inc. | 5063 | &nbsp;&nbsp; 381143 |
| TXNM Energy, Inc. | 6165 | &nbsp;&nbsp; 349494 |
| Unitil Corp. | 1919 | &nbsp;&nbsp; 105219 |
|  |  | &nbsp;&nbsp; 6567318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $209,589,925) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks & Other Equity Interests <br>(Cost $209,589,925) | &nbsp;&nbsp; 232941197 |
| **Money Market Funds-0.13%** | **Money Market Funds-0.13%** | **Money Market Funds-0.13%** |
| &nbsp;&nbsp;&nbsp; Invesco Government & Agency Portfolio, <br> Institutional Class, 4.24%<sup>(e)(f)</sup> <br>(Cost $294,611)<br>| 294611 | &nbsp;&nbsp; 294611 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.96% <br>(Cost $209,884,536) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES <br>(excluding investments purchased with cash collateral <br> from securities on loan)-99.96% <br>(Cost $209,884,536) | &nbsp;&nbsp; 233235808 |
| **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-15.04%** | **Money Market Funds-15.04%** | **Money Market Funds-15.04%** |
| &nbsp;&nbsp;&nbsp; Invesco Private Government Fund, <br> 4.29%<sup>(e)(f)(g)</sup><br>| 9736240 | &nbsp;&nbsp; 9736240 |
| Invesco Private Prime Fund, 4.45%<sup>(e)(f)(g)</sup> | 25359683 | &nbsp;&nbsp; 25364755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $35,101,245) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Investments Purchased with Cash Collateral from <br> Securities on Loan <br>(Cost $35,101,245) | &nbsp;&nbsp; 35100995 |
| &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-115.00% <br>(Cost $244,985,781) | &nbsp;&nbsp;&nbsp; TOTAL INVESTMENTS IN SECURITIES-115.00% <br>(Cost $244,985,781) | &nbsp;&nbsp; 268336803 |
| OTHER ASSETS LESS LIABILITIES-(15.00)% | OTHER ASSETS LESS LIABILITIES-(15.00)% | &nbsp;&nbsp; (34995986)<br>|
| NET ASSETS-100.00% | NET ASSETS-100.00% | &nbsp;&nbsp; $233340817 |

---

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

------

**Invesco Russell 2000**<sup>®</sup> **Dynamic Multifactor ETF (OMFS)—(continued)**

May 31, 2025

*(Unaudited)*

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 May 31, 2025. |
| <sup>(d)</sup> | Restricted security. The aggregate value of these securities at May 31, 2025 was $167,298, which represented less than 1% of the Fund's Net Assets. |
| <sup>(e)</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 nine months ended May 31, 2025.<br>|

---

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

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value** <br>**August 31, 2024**<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>**May 31, 2025**<br>| **Dividend Income** |
| **Investments in Affiliated** <br> **Money Market Funds:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Government & <br> Agency Portfolio, <br> Institutional Class<br>| &nbsp;&nbsp;&nbsp; $79018 | &nbsp;&nbsp;&nbsp; $5887066 | &nbsp;&nbsp;&nbsp; $(5671473)<br>| &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $294611 | &nbsp;&nbsp;&nbsp; $5380 |
| **Investments Purchased** <br> **with Cash Collateral from** <br> **Securities on Loan:**<br>|  |  |  |  |  |  |  |
| &nbsp;&nbsp; Invesco Private <br> Government Fund<br>| &nbsp;&nbsp;&nbsp; 11087000 | &nbsp;&nbsp;&nbsp; 61775538 | &nbsp;&nbsp;&nbsp; (63126298)<br>| &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 9736240 | &nbsp;&nbsp;&nbsp; 356,992<br> \*<br>|
| &nbsp;&nbsp; Invesco Private Prime Fund | &nbsp;&nbsp;&nbsp; 29671402 | &nbsp;&nbsp;&nbsp; 140945237 | &nbsp;&nbsp;&nbsp; (145246589)<br>| &nbsp;&nbsp;&nbsp; (2997)<br>| &nbsp;&nbsp;&nbsp; (2298)<br>| &nbsp;&nbsp;&nbsp; 25364755 | &nbsp;&nbsp;&nbsp; 962,690<br> \*<br>|
| &nbsp;&nbsp; Total | &nbsp;&nbsp;&nbsp; $40837420 | &nbsp;&nbsp;&nbsp; $208607841 | &nbsp;&nbsp;&nbsp; $(214044360)<br>| &nbsp;&nbsp;&nbsp; $(2997)<br>| &nbsp;&nbsp;&nbsp; $(2298)<br>| &nbsp;&nbsp;&nbsp; $35395606 | &nbsp;&nbsp;&nbsp; $1325062 |

---

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

May 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 May 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 International Developed Dynamic Multifactor ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $12535198 | &nbsp;&nbsp;&nbsp; $529637804 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $542173002 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 1234800 | &nbsp;&nbsp;&nbsp; 9838261 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 11073061 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $13769998 | &nbsp;&nbsp;&nbsp; $539476065 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $553246063 |
| &nbsp;&nbsp; Invesco Russell 1000<sup>®</sup> Dynamic Multifactor ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $4800839025 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $67775 | &nbsp;&nbsp;&nbsp; $4800906800 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 2021939 | &nbsp;&nbsp;&nbsp; 11315439 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 13337378 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $4802860964 | &nbsp;&nbsp;&nbsp; $11315439 | &nbsp;&nbsp;&nbsp; $67775 | &nbsp;&nbsp;&nbsp; $4814244178 |
| &nbsp;&nbsp; Invesco Russell 2000<sup>®</sup> Dynamic Multifactor ETF |  |  |  |  |
| **Investments in Securities** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Common Stocks & Other Equity Interests | &nbsp;&nbsp;&nbsp; $232941197 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $232941197 |
| &nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp;&nbsp; 294611 | &nbsp;&nbsp;&nbsp; 35100995 | &nbsp;&nbsp;&nbsp; - | &nbsp;&nbsp;&nbsp; 35395606 |
| **Total Investments** | &nbsp;&nbsp;&nbsp; $233235808 | &nbsp;&nbsp;&nbsp; $35100995 | &nbsp;&nbsp;&nbsp; $- | &nbsp;&nbsp;&nbsp; $268336803 |

---

------

## 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 Self-Indexed Fund Trust

- **b. Investment Company Act file number:** 811-23304

- **c. CIK number of Registrant:** 0001657201

- **d. LEI of Registrant:** 549300U103VG1ABIOE62

- **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 Russell 2000 Dynamic Multifactor ETF

- **b. EDGAR series identifier (if any):** S000064608

- **c. LEI of Series:** 549300KKKFKG5EELV193

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $268518376.87

**Total Liabilities:** $35177559.75

**Net Assets:** $233340817.12

**Cash Not Reported:** $19729.79

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000209109 | -4.14%               | -1.40%               | 5.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $228238.97               | $-10573149.91                              |
| Month 2  | $531763.65               | $-4291931.58                               |
| Month 3  | $156637.97               | $11784008.84                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Independent Bank Corp.                           | Independent Bank Corp.                                     | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      4289 | NS      | $263773.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp.                                    | Sanmina Corp.                                              | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |      3496 | NS      | $296076.24    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc.                           | Jackson Financial Inc., Class A                            | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     14756 | NS      | $1208663.96   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| HarborOne Bancorp, Inc.                          | HarborOne Bancorp, Inc.                                    | CUSIP: 41165Y100<br>LEI: 549300CNOEY2QUB7F917 | Long             | EC               | CORP              | US        |      4975 | NS      | $56615.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank                                   | Preferred Bank                                             | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      2239 | NS      | $187202.79    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Climb Global Solutions, Inc.                     | Climb Global Solutions, Inc.                               | CUSIP: 946760105<br>LEI: 549300LKM16VX2FG7J68 | Long             | EC               | CORP              | US        |       525 | NS      | $57841.88     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Carriage Services, Inc.                          | Carriage Services, Inc.                                    | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1386 | NS      | $60291.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares, Inc.                         | Eastern Bankshares, Inc.                                   | CUSIP: 27627N105<br>LEI: 549300J245MBQU3DO403 | Long             | EC               | CORP              | US        |     26431 | NS      | $396465.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Peapack-Gladstone Financial Corp.                | Peapack-Gladstone Financial Corp.                          | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |      1791 | NS      | $49109.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrim BanCorp, Inc.                           | Northrim BanCorp, Inc.                                     | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |      1078 | NS      | $98744.80     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc.               | Atmus Filtration Technologies Inc.                         | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63166 | NS      | $2275239.32   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp, Inc.                   | Washington Trust Bancorp, Inc.                             | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |      2343 | NS      | $64807.38     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aris Water Solutions, Inc.                       | Aris Water Solutions, Inc., Class A                        | CUSIP: 04041L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4300 | NS      | $94772.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                                 | SouthState Corp.                                           | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     12403 | NS      | $1088983.40   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings, Inc.                                | Q2 Holdings, Inc.                                          | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     10826 | NS      | $947491.52    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| NBT Bancorp Inc.                                 | NBT Bancorp Inc.                                           | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6054 | NS      | $253359.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp. of Florida                | Seacoast Banking Corp. of Florida                          | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |      4895 | NS      | $126437.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries, Inc.                           | Cavco Industries, Inc.                                     | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       696 | NS      | $301782.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hackett Group, Inc. (The)                        | Hackett Group, Inc. (The)                                  | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |      5013 | NS      | $122918.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group, Inc.                    | Pediatrix Medical Group, Inc.                              | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4749 | NS      | $67198.35     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings, Inc.                   | Bread Financial Holdings, Inc.                             | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |      2120 | NS      | $108628.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Balchem Corp.                                    | Balchem Corp.                                              | CUSIP: 057665200<br>LEI: 549300VR70OPMHUI3557 | Long             | EC               | CORP              | US        |      6726 | NS      | $1121224.20   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicor Corp.                                      | Vicor Corp.                                                | CUSIP: 925815102<br>LEI: 5299005KMQOTR6B51F09 | Long             | EC               | CORP              | US        |      2115 | NS      | $92298.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| BancFirst Corp.                                  | BancFirst Corp.                                            | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |      2955 | NS      | $365548.28    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles International, Inc.         | Heidrick & Struggles International, Inc.                   | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |      5263 | NS      | $229782.58    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical, Inc.                   | Collegium Pharmaceutical, Inc.                             | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |      2100 | NS      | $61194.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Heritage Commerce Corp.                          | Heritage Commerce Corp.                                    | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |      6164 | NS      | $57078.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin, Inc.                        | Alexander & Baldwin, Inc.                                  | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12373 | NS      | $221600.43    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries, Inc.                           | Astec Industries, Inc.                                     | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |      1545 | NS      | $60703.05     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems, Inc.                                | OSI Systems, Inc.                                          | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |       673 | NS      | $147461.03    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Netstreit Corp.                                  | Netstreit Corp.                                            | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |      7065 | NS      | $113746.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hingham Institution for Savings (The)            | Hingham Institution for Savings (The)                      | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Long             | EC               | CORP              | US        |       297 | NS      | $71995.77     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Franklin Electric Co., Inc.                      | Franklin Electric Co., Inc.                                | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |      8943 | NS      | $772585.77    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Five Star Bancorp                                | Five Star Bancorp                                          | CUSIP: 33830T103<br>LEI: 5493008ZRBIHKWC0JA73 | Long             | EC               | CORP              | US        |      3303 | NS      | $92351.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo, Inc.                                      | Vimeo, Inc.                                                | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |     10785 | NS      | $47022.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.                  | Central Pacific Financial Corp.                            | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |      6128 | NS      | $163617.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Corcept Therapeutics Inc.                        | Corcept Therapeutics Inc.                                  | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |     36869 | NS      | $2859559.64   | 1.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Life Time Group Holdings, Inc.                   | Life Time Group Holdings, Inc.                             | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7968 | NS      | $227884.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd, Inc.                                       | WaFd, Inc.                                                 | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7594 | NS      | $215821.48    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Inc.                      | Ligand Pharmaceuticals Inc.                                | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      1858 | NS      | $189869.02    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Digi International Inc.                          | Digi International Inc.                                    | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |      5900 | NS      | $191219.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Live Oak Bancshares, Inc.                        | Live Oak Bancshares, Inc.                                  | CUSIP: 53803X105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2085 | NS      | $57233.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares, Inc.                 | First Financial Bankshares, Inc.                           | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |     25808 | NS      | $909990.08    | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| OneSpan Inc.                                     | OneSpan Inc.                                               | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |      5067 | NS      | $80717.31     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TreeHouse Foods, Inc.                            | TreeHouse Foods, Inc.                                      | CUSIP: 89469A104<br>LEI: 5493007M7EVHE470Q576 | Long             | EC               | CORP              | US        |      2667 | NS      | $59900.82     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp.                             | Bank of Hawaii Corp.                                       | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |      2666 | NS      | $177315.66    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                         | Modine Manufacturing Co.                                   | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      1141 | NS      | $103602.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Walker & Dunlop, Inc.                            | Walker & Dunlop, Inc.                                      | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1971 | NS      | $134993.79    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Daktronics, Inc.                                 | Daktronics, Inc.                                           | CUSIP: 234264109<br>LEI: 549300IOLZ3SG5YUJ288 | Long             | EC               | CORP              | US        |     10427 | NS      | $154736.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Employers Holdings, Inc.                         | Employers Holdings, Inc.                                   | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7064 | NS      | $343804.88    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc.                                         | AZZ Inc.                                                   | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     13125 | NS      | $1190306.25   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties, Inc.                  | Armada Hoffler Properties, Inc.                            | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |      5691 | NS      | $39609.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc.                                        | Moog Inc., Class A                                         | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      4217 | NS      | $781452.27    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services, Inc.                  | Barrett Business Services, Inc.                            | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |      6140 | NS      | $253735.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions, Inc.              | Donnelley Financial Solutions, Inc.                        | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |      1318 | NS      | $71804.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd.                               | FTAI Aviation Ltd.                                         | CUSIP: G3730V105<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     15825 | NS      | $1853898.75   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                         | Energizer Holdings, Inc.                                   | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |      5620 | NS      | $130889.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                          | Primoris Services Corp.                                    | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     22565 | NS      | $1627162.15   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Progress Software Corp.                          | Progress Software Corp.                                    | CUSIP: 743312100<br>LEI: 549300R65B3JG6972S24 | Long             | EC               | CORP              | US        |      1792 | NS      | $110315.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners, Inc.                      | Construction Partners, Inc., Class A                       | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |      5154 | NS      | $539572.26    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Willdan Group, Inc.                              | Willdan Group, Inc.                                        | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |      2335 | NS      | $126206.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp.                            | Hanmi Financial Corp.                                      | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |      4337 | NS      | $99404.04     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                              | UMB Financial Corp.                                        | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     15260 | NS      | $1573611.20   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirum Pharmaceuticals, Inc.                      | Mirum Pharmaceuticals, Inc.                                | CUSIP: 604749101<br>LEI: 254900YZKR40F7F27K81 | Long             | EC               | CORP              | US        |      1447 | NS      | $64333.62     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Yelp Inc.                                        | Yelp Inc.                                                  | CUSIP: 985817105<br>LEI: 5299007OU2DOSXPQBO35 | Long             | EC               | CORP              | US        |      2834 | NS      | $108173.78    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                   | Ameris Bancorp                                             | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |      9647 | NS      | $593001.09    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co. (The)                      | Simply Good Foods Co. (The)                                | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3249 | NS      | $112122.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems, Inc.                            | Varonis Systems, Inc.                                      | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |      1707 | NS      | $81389.76     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| AvidXchange Holdings, Inc.                       | AvidXchange Holdings, Inc.                                 | CUSIP: 05368X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12218 | NS      | $119614.22    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp.                             | WSFS Financial Corp.                                       | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |      7626 | NS      | $403339.14    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings, Inc.                         | FirstCash Holdings, Inc.                                   | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4549 | NS      | $581862.59    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp.                                    | Sylvamo Corp.                                              | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |      4823 | NS      | $255474.31    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings, Inc.                          | LiveRamp Holdings, Inc.                                    | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |      2232 | NS      | $72718.56     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp.                         | Heritage Financial Corp.                                   | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4698 | NS      | $109839.24    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenlight Capital Re, Ltd.                      | Greenlight Capital Re, Ltd., Class A                       | CUSIP: G4095J109<br>LEI: 549300Q9HRIFA2BGHJ51 | Long             | EC               | CORP              | KY        |      6865 | NS      | $99130.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters, Inc.                  | American Eagle Outfitters, Inc.                            | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |      8294 | NS      | $90902.24     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Berkshire Hills Bancorp, Inc.                    | Berkshire Hills Bancorp, Inc.                              | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |      4434 | NS      | $109785.84    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ReposiTrak, Inc.                                 | ReposiTrak, Inc.                                           | CUSIP: 700215304<br>LEI: 5299008X1VJFCKZ94E34 | Long             | EC               | CORP              | US        |      4064 | NS      | $88676.48     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Alexander's, Inc.                                | Alexander's, Inc.                                          | CUSIP: 014752109<br>LEI: 549300TZM28P04U5R635 | Long             | EC               | CORP              | US        |       784 | NS      | $176548.96    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Napco Security Technologies, Inc.                | Napco Security Technologies, Inc.                          | CUSIP: 630402105<br>LEI: 529900KV21J4YY9YST76 | Long             | EC               | CORP              | US        |      9168 | NS      | $255787.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.        | Kratos Defense & Security Solutions, Inc.                  | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |      7014 | NS      | $258746.46    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Scorpio Tankers Inc.                             | Scorpio Tankers Inc.                                       | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |      1230 | NS      | $48880.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group, Inc.                                  | HCI Group, Inc.                                            | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |      1300 | NS      | $219401.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Dime Community Bancshares, Inc.                  | Dime Community Bancshares, Inc., Class B                   | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5029 | NS      | $129044.14    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc.                                    | Bel Fuse Inc., Class B                                     | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      1008 | NS      | $74390.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| GMS Inc.                                         | GMS Inc.                                                   | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |      1144 | NS      | $86635.12     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookline Bancorp, Inc.                          | Brookline Bancorp, Inc.                                    | CUSIP: 11373M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12333 | NS      | $127399.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Towne Bank                                       | Towne Bank                                                 | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |      9712 | NS      | $335646.72    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Advanced Energy Industries, Inc.                 | Advanced Energy Industries, Inc.                           | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |       878 | NS      | $100776.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TriNet Group, Inc.                               | TriNet Group, Inc.                                         | CUSIP: 896288107<br>LEI: 5299003FJVBETSFKE990 | Long             | EC               | CORP              | US        |      1957 | NS      | $162841.97    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex, Inc.                                     | Vertex, Inc., Class A                                      | CUSIP: 92538J106<br>LEI: 549300QMYW171MP1PL50 | Long             | EC               | CORP              | US        |     13730 | NS      | $543296.10    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Pacific Premier Bancorp, Inc.                    | Pacific Premier Bancorp, Inc.                              | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |      3973 | NS      | $84227.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks, Inc.                               | A10 Networks, Inc.                                         | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |      8437 | NS      | $145622.62    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corp.                            | JetBlue Airways Corp.                                      | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |     15236 | NS      | $76941.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Brinker International, Inc.                      | Brinker International, Inc.                                | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |      1334 | NS      | $230288.42    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd.                                 | SiriusPoint Ltd.                                           | CUSIP: G8192H106<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | BM        |     18794 | NS      | $368174.46    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries, Inc.                          | Powell Industries, Inc.                                    | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      1152 | NS      | $195367.68    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Systems International, Inc.                  | CSG Systems International, Inc.                            | CUSIP: 126349109<br>LEI: 549300D7FJZUOHHXUA81 | Long             | EC               | CORP              | US        |      2491 | NS      | $164555.46    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sitio Royalties Corp.                            | Sitio Royalties Corp., Class A                             | CUSIP: 82983N108<br>LEI: 549300OILIONON7XK623 | Long             | EC               | CORP              | US        |      6340 | NS      | $108223.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc.                                    | Innospec Inc.                                              | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |      2459 | NS      | $209211.72    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Grindr Inc.                                      | Grindr Inc.                                                | CUSIP: 39854F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4101 | NS      | $100146.42    | 0.04%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Alkami Technology, Inc.                          | Alkami Technology, Inc.                                    | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |     12479 | NS      | $357398.56    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| La-Z-Boy Inc.                                    | La-Z-Boy Inc.                                              | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |      2359 | NS      | $98818.51     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Iradimed Corp.                                   | Iradimed Corp.                                             | CUSIP: 46266A109<br>LEI: 549300YVHWP0YJ1YW816 | Long             | EC               | CORP              | US        |      2021 | NS      | $116975.48    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                           | Independent Bank Corp.                                     | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4144 | NS      | $130660.32    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings, Inc.                               | NMI Holdings, Inc., Class A                                | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |     15669 | NS      | $622372.68    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest, Inc.                                    | SkyWest, Inc.                                              | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |       914 | NS      | $92725.30     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                                 | McGrath RentCorp                                           | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |       783 | NS      | $87993.54     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp.                                  | Trustmark Corp.                                            | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |     11980 | NS      | $412830.80    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartFinancial, Inc.                             | SmartFinancial, Inc.                                       | CUSIP: 83190L208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3354 | NS      | $106590.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| South Plains Financial, Inc.                     | South Plains Financial, Inc.                               | CUSIP: 83946P107<br>LEI: 549300SNEBP48642N493 | Long             | EC               | CORP              | US        |      2359 | NS      | $84853.23     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE Energy, Inc.                                 | MGE Energy, Inc.                                           | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6499 | NS      | $586989.68    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS (Holdings) Ltd.                              | WNS (Holdings) Ltd.                                        | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |      4161 | NS      | $241296.39    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| ARMOUR Residential REIT, Inc.                    | ARMOUR Residential REIT, Inc.                              | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |      3425 | NS      | $55519.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Kite Realty Group Trust                          | Kite Realty Group Trust                                    | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37041 | NS      | $819346.92    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Orrstown Financial Services, Inc.                | Orrstown Financial Services, Inc.                          | CUSIP: 687380105<br>LEI: 5493008IR3FINUFGVM95 | Long             | EC               | CORP              | US        |      3849 | NS      | $115700.94    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Physical Therapy, Inc.                      | U.S. Physical Therapy, Inc.                                | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |       601 | NS      | $45068.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems, Inc.                           | NetScout Systems, Inc.                                     | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |      2907 | NS      | $66395.88     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank First Corp.                                 | Bank First Corp.                                           | CUSIP: 06211J100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1320 | NS      | $153516.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hims & Hers Health, Inc.                         | Hims & Hers Health, Inc.                                   | CUSIP: 433000106<br>LEI: 254900V041EIVTSB6D58 | Long             | EC               | CORP              | US        |     21984 | NS      | $1243415.04   | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| MillerKnoll, Inc.                                | MillerKnoll, Inc.                                          | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |      2611 | NS      | $44047.57     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp.               | First Commonwealth Financial Corp.                         | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |     15439 | NS      | $241157.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co. (The)                                | Brink's Co. (The)                                          | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |      3164 | NS      | $259637.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet, Inc.                                     | Nelnet, Inc., Class A                                      | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |      2029 | NS      | $235729.22    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp.                        | Curbline Properties Corp.                                  | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |      6368 | NS      | $144489.92    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co.                                | Boise Cascade Co.                                          | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |       741 | NS      | $64378.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Advantage Corp.                            | First Advantage Corp.                                      | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |      6187 | NS      | $105921.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Artivion, Inc.                                   | Artivion, Inc.                                             | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |      3471 | NS      | $102672.18    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Piedmont Office Realty Trust, Inc.               | Piedmont Office Realty Trust, Inc., Class A                | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29921 | NS      | $213037.52    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group, Inc.          | Skyward Specialty Insurance Group, Inc.                    | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     12168 | NS      | $770842.80    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Edgewell Personal Care Co.                       | Edgewell Personal Care Co.                                 | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |      2168 | NS      | $59880.16     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc.                                      | Rambus Inc.                                                | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |      2760 | NS      | $147577.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA International, Inc.                          | CRA International, Inc.                                    | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3541 | NS      | $672967.05    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Financial Institutions, Inc.                     | Financial Institutions, Inc.                               | CUSIP: 317585404<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2200 | NS      | $56804.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc.                                    | Safehold Inc.                                              | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |      2671 | NS      | $40251.97     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennis, Inc.                                      | Ennis, Inc.                                                | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3863 | NS      | $72122.21     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Frontdoor, Inc.                                  | Frontdoor, Inc.                                            | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     26010 | NS      | $1430810.10   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLETE Inc.                                      | ALLETE Inc.                                                | CUSIP: 018522300<br>LEI: 549300NNLSIMY6Z8OT86 | Long             | EC               | CORP              | US        |      9526 | NS      | $619571.04    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Second Bancorp, Inc.                         | Old Second Bancorp, Inc.                                   | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |      5260 | NS      | $87000.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust, Inc.                | Four Corners Property Trust, Inc.                          | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |     27262 | NS      | $752703.82    | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| ServisFirst Bancshares, Inc.                     | ServisFirst Bancshares, Inc.                               | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9924 | NS      | $738643.32    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc.           | Artisan Partners Asset Management Inc., Class A            | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |      9349 | NS      | $376764.70    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Shake Shack Inc.                                 | Shake Shack Inc., Class A                                  | CUSIP: 819047101<br>LEI: 529900J74GJAHYP80N79 | Long             | EC               | CORP              | US        |      3750 | NS      | $486712.50    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.                  | Independence Realty Trust, Inc.                            | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     81897 | NS      | $1522465.23   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                 | TriCo Bancshares                                           | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3274 | NS      | $130632.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Monarch Casino & Resort, Inc.                    | Monarch Casino & Resort, Inc.                              | CUSIP: 609027107<br>LEI: 549300AK5FF7KY11V997 | Long             | EC               | CORP              | US        |      1082 | NS      | $90606.68     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Xencor, Inc.                                     | Xencor, Inc.                                               | CUSIP: 98401F105<br>LEI: 549300V5IF65437JKG30 | Long             | EC               | CORP              | US        |      2073 | NS      | $16584.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| IMAX Corp.                                       | IMAX Corp.                                                 | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |      4964 | NS      | $138247.40    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Horizon Bancorp, Inc.                            | Horizon Bancorp, Inc.                                      | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |      5543 | NS      | $82258.12     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp.                                     | Banner Corp.                                               | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6356 | NS      | $391847.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| MidWestOne Financial Group, Inc.                 | MidWestOne Financial Group, Inc.                           | CUSIP: 598511103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2178 | NS      | $62617.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DHT Holdings, Inc.                               | DHT Holdings, Inc.                                         | CUSIP: Y2065G121<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |     16540 | NS      | $191533.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| H.B. Fuller Co.                                  | H.B. Fuller Co.                                            | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |      1110 | NS      | $61960.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| L.B. Foster Co.                                  | L.B. Foster Co., Class A                                   | CUSIP: 350060109<br>LEI: 549300AUUJGJ2T2L2179 | Long             | EC               | CORP              | US        |      2622 | NS      | $49529.58     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings, Inc.                        | ExlService Holdings, Inc.                                  | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     75853 | NS      | $3488479.47   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp.                    | Select Medical Holdings Corp.                              | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9674 | NS      | $147915.46    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies, Inc.            | Applied Industrial Technologies, Inc.                      | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      8641 | NS      | $1957359.32   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods, Inc.                            | Cal-Maine Foods, Inc.                                      | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |      1697 | NS      | $162793.21    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Solutions Inc.                         | Perimeter Solutions Inc.                                   | CUSIP: 71385M107<br>LEI: 2221003U8GJZ9U4MR505 | Long             | EC               | CORP              | US        |     12130 | NS      | $146409.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc.                                  | Kennametal Inc.                                            | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |      8116 | NS      | $174737.48    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries, Inc.                          | Miller Industries, Inc.                                    | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |      3297 | NS      | $149453.01    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                                          | KB Home                                                    | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |      4427 | NS      | $228344.66    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| John Wiley & Sons, Inc.                          | John Wiley & Sons, Inc., Class A                           | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |      9177 | NS      | $359004.24    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| First Community Bankshares, Inc.                 | First Community Bankshares, Inc.                           | CUSIP: 31983A103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2656 | NS      | $99865.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Park National Corp.                              | Park National Corp.                                        | CUSIP: 700658107<br>LEI: 984500Q3E941TDF87712 | Long             | EC               | CORP              | US        |      3431 | NS      | $557743.36    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Northfield Bancorp, Inc.                         | Northfield Bancorp, Inc.                                   | CUSIP: 66611T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4485 | NS      | $52384.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Corp.                 | Zurn Elkay Water Solutions Corp.                           | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     44579 | NS      | $1613314.01   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems, Inc.                      | Merit Medical Systems, Inc.                                | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     11242 | NS      | $1068327.26   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters, Inc.                           | Urban Outfitters, Inc.                                     | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |      5321 | NS      | $371937.90    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                          | Brandywine Realty Trust                                    | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |     12519 | NS      | $52955.37     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                          | Cushman & Wakefield PLC                                    | CUSIP: G2717B108<br>LEI: 9676003VT8I14HPZLX83 | Long             | EC               | CORP              | GB        |     29677 | NS      | $297660.31    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                                 | Elme Communities                                           | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |     12691 | NS      | $203817.46    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ConnectOne Bancorp, Inc.                         | ConnectOne Bancorp, Inc.                                   | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |      3169 | NS      | $72791.93     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PotlatchDeltic Corp.                             | PotlatchDeltic Corp.                                       | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |      6570 | NS      | $258463.80    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.          | Essential Properties Realty Trust, Inc.                    | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |     31141 | NS      | $1012082.50   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc.                                | Radian Group Inc.                                          | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     34731 | NS      | $1186063.65   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc.                | Prestige Consumer Healthcare Inc.                          | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7743 | NS      | $663342.81    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmland Partners Inc.                           | Farmland Partners Inc.                                     | CUSIP: 31154R109<br>LEI: 549300LB188CHPZ4IL37 | Long             | EC               | CORP              | US        |      5077 | NS      | $57471.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Interparfums, Inc.                               | Interparfums, Inc.                                         | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1289 | NS      | $175587.58    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennant Group, Inc. (The)                        | Pennant Group, Inc. (The)                                  | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |      2424 | NS      | $69593.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group, Inc.                                  | BGC Group, Inc., Class A                                   | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |     49154 | NS      | $456149.12    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services, Inc.                         | Liquidity Services, Inc.                                   | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |      3516 | NS      | $82168.92     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Korn Ferry                                       | Korn Ferry                                                 | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |      9328 | NS      | $634397.28    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies, Inc.                           | UFP Technologies, Inc.                                     | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      1461 | NS      | $342166.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Enstar Group Ltd.                                | Enstar Group Ltd.                                          | CUSIP: G3075P101<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EC               | CORP              | BM        |      1466 | NS      | $491124.66    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Group (SGHC) Ltd.                          | Super Group (SGHC) Ltd.                                    | CUSIP: G8588X103<br>LEI: N/A                  | Long             | EC               | CORP              | GG        |     22383 | NS      | $195627.42    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| REV Group, Inc.                                  | REV Group, Inc.                                            | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |     16326 | NS      | $612061.74    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp.                                     | Avient Corp.                                               | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |      3726 | NS      | $134620.38    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties, Inc.                             | UMH Properties, Inc.                                       | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     24374 | NS      | $409239.46    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ANI Pharmaceuticals, Inc.                        | ANI Pharmaceuticals, Inc.                                  | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |      1165 | NS      | $68408.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Byline Bancorp, Inc.                             | Byline Bancorp, Inc.                                       | CUSIP: 124411109<br>LEI: 549300W7ODP4YL2H4823 | Long             | EC               | CORP              | US        |      4766 | NS      | $123296.42    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT Corp.                                        | IDT Corp., Class B                                         | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |      1400 | NS      | $86226.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Latinoamericano de Comercio Exterior, S.A. | Banco Latinoamericano de Comercio Exterior, S.A., Class E  | CUSIP: P16994132<br>LEI: 549300CN3134K4LC0651 | Long             | EC               | CORP              | PA        |      5381 | NS      | $220728.62    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Apple Hospitality REIT, Inc.                     | Apple Hospitality REIT, Inc.                               | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |     10182 | NS      | $118009.38    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp.                     | Simmons First National Corp., Class A                      | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |     17968 | NS      | $337079.68    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products, Inc.                            | Dorman Products, Inc.                                      | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |      8302 | NS      | $1073531.62   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SFL Corp. Ltd.                                   | SFL Corp. Ltd.                                             | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               | CORP              | BM        |      8359 | NS      | $71720.22     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Brick Partners, Inc.                       | Green Brick Partners, Inc.                                 | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |      2523 | NS      | $147469.35    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal, Inc.                           | Warrior Met Coal, Inc.                                     | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |      1372 | NS      | $62357.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Franklin BSP Realty Trust, Inc.                  | Franklin BSP Realty Trust, Inc.                            | CUSIP: 35243J101<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EC               | CORP              | US        |      6353 | NS      | $70073.59     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| InterDigital, Inc.                               | InterDigital, Inc.                                         | CUSIP: 45867G101<br>LEI: 529900HQAUTC3VI47G64 | Long             | EC               | CORP              | US        |      9525 | NS      | $2069401.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| CNX Resources Corp.                              | CNX Resources Corp.                                        | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |      1743 | NS      | $56264.04     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Daily Journal Corp.                              | Daily Journal Corp.                                        | CUSIP: 233912104<br>LEI: 2549004ASTNVLR8YWZ33 | Long             | EC               | CORP              | US        |       346 | NS      | $145814.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Sierra Bancorp                                   | Sierra Bancorp                                             | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2409 | NS      | $65934.33     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp.                            | SL Green Realty Corp.                                      | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |      8345 | NS      | $473745.65    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust, Inc.                  | Empire State Realty Trust, Inc., Class A                   | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               | CORP              | US        |     21536 | NS      | $164965.76    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden, Ltd.                              | Steven Madden, Ltd.                                        | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |      3592 | NS      | $88542.80     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners                        | Perella Weinberg Partners                                  | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8317 | NS      | $144466.29    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nicolet Bankshares, Inc.                         | Nicolet Bankshares, Inc.                                   | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2454 | NS      | $300958.56    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                               | Piper Sandler Cos.                                         | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      5624 | NS      | $1414154.80   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj, Inc.                                     | Impinj, Inc.                                               | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |      1021 | NS      | $116485.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Great Southern Bancorp, Inc.                     | Great Southern Bancorp, Inc.                               | CUSIP: 390905107<br>LEI: 5493000ZL7DLNMN1AB26 | Long             | EC               | CORP              | US        |       890 | NS      | $49786.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Financial Services Corp.              | Enterprise Financial Services Corp.                        | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |      6148 | NS      | $325475.12    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Uniti Group Inc.                                 | Uniti Group Inc.                                           | CUSIP: 91325V108<br>LEI: 549300V3NU625PJUVA84 | Long             | EC               | CORP              | US        |     21737 | NS      | $93469.10     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Knife River Corp.                                | Knife River Corp.                                          | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17255 | NS      | $1623695.50   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc.                                | StoneX Group Inc.                                          | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      7916 | NS      | $670128.98    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet, Inc.                                 | QuinStreet, Inc.                                           | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |      3836 | NS      | $58575.72     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.                      | Halozyme Therapeutics, Inc.                                | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     18056 | NS      | $1012399.92   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group, Ltd.                   | Hamilton Insurance Group, Ltd., Class B                    | CUSIP: G42706104<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |      5770 | NS      | $125555.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc.                             | StepStone Group Inc., Class A                              | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19233 | NS      | $1112629.05   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT, Inc.                             | CareTrust REIT, Inc.                                       | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     38140 | NS      | $1096906.40   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic Inc.                                    | Harmonic Inc.                                              | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |      9042 | NS      | $81558.84     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Univest Financial Corp.                          | Univest Financial Corp.                                    | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |      6126 | NS      | $180839.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System, Inc.                 | Community Financial System, Inc.                           | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     10063 | NS      | $565943.12    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| 1st Source Corp.                                 | 1st Source Corp.                                           | CUSIP: 336901103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2681 | NS      | $162361.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Esquire Financial Holdings, Inc.                 | Esquire Financial Holdings, Inc.                           | CUSIP: 29667J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1827 | NS      | $165781.98    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| CoreCivic, Inc.                                  | CoreCivic, Inc.                                            | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     10863 | NS      | $238551.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| International Money Express, Inc.                | International Money Express, Inc.                          | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6242 | NS      | $68849.26     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services, Inc.                     | Ranger Energy Services, Inc., Class A                      | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |      3340 | NS      | $35571.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                                  | M/I Homes, Inc.                                            | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |       338 | NS      | $36034.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Box, Inc.                                        | Box, Inc., Class A                                         | CUSIP: 10316T104<br>LEI: 549300KQUCPD8687YS68 | Long             | EC               | CORP              | US        |     21322 | NS      | $806398.04    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Buckle, Inc. (The)                               | Buckle, Inc. (The)                                         | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |      4597 | NS      | $195878.17    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud, Inc.                                  | Blackbaud, Inc.                                            | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |      2191 | NS      | $136345.93    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Financial Corp.                            | Arrow Financial Corp.                                      | CUSIP: 042744102<br>LEI: 2549007Z8GI9ZZIQ1817 | Long             | EC               | CORP              | US        |      2356 | NS      | $60667.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor, Inc.                                 | FormFactor, Inc.                                           | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |      2773 | NS      | $82774.05     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Investors Title Co.                              | Investors Title Co.                                        | CUSIP: 461804106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       553 | NS      | $129413.06    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories, Inc.                          | Mesa Laboratories, Inc.                                    | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |       522 | NS      | $52523.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure, Inc.              | Solaris Energy Infrastructure, Inc.                        | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |      3311 | NS      | $90820.73     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Lancaster Colony Corp.                           | Lancaster Colony Corp.                                     | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      4548 | NS      | $761335.20    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Amalgamated Financial Corp.                      | Amalgamated Financial Corp.                                | CUSIP: 022671101<br>LEI: 254900FMBXF85WQYV433 | Long             | EC               | CORP              | US        |      2662 | NS      | $80445.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenable Holdings, Inc.                           | Tenable Holdings, Inc.                                     | CUSIP: 88025T102<br>LEI: 5493004S5OMPESF0EF83 | Long             | EC               | CORP              | US        |      1275 | NS      | $41080.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pathward Financial, Inc.                         | Pathward Financial, Inc.                                   | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |      5112 | NS      | $398991.60    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corp.                         | Lakeland Financial Corp.                                   | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2444 | NS      | $146322.28    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS, Inc.                               | Leonardo DRS, Inc.                                         | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     10476 | NS      | $443134.80    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares, Inc.                   | Texas Capital Bancshares, Inc.                             | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |      5625 | NS      | $403256.25    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Westamerica Bancorporation                       | Westamerica Bancorporation                                 | CUSIP: 957090103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2363 | NS      | $113542.15    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corp.                              | CNB Financial Corp.                                        | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |      2666 | NS      | $57772.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance, Inc.                        | Goosehead Insurance, Inc., Class A                         | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |      2905 | NS      | $314495.30    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| BankUnited, Inc.                                 | BankUnited, Inc.                                           | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |      7179 | NS      | $243942.42    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus, Inc.                                     | Cactus, Inc., Class A                                      | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |       879 | NS      | $36039.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                         | Group 1 Automotive, Inc.                                   | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       256 | NS      | $108523.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                             | JBG SMITH Properties                                       | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3927 | NS      | $67151.70     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Veracyte, Inc.                                   | Veracyte, Inc.                                             | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |      2582 | NS      | $68707.02     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings, Inc.                               | QCR Holdings, Inc.                                         | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |      3715 | NS      | $250019.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms, Inc.                                | Vital Farms, Inc.                                          | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     16072 | NS      | $511732.48    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| EnerSys                                          | EnerSys                                                    | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      2085 | NS      | $174368.55    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech, Inc.                            | Krystal Biotech, Inc.                                      | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |       889 | NS      | $111978.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Bancorp, Inc. (The)                              | Bancorp, Inc. (The)                                        | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |      5152 | NS      | $263267.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute, Inc.              | Universal Technical Institute, Inc.                        | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |      8087 | NS      | $287331.11    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercantile Bank Corp.                            | Mercantile Bank Corp.                                      | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |      2268 | NS      | $100154.88    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Madison Square Garden Entertainment Corp.        | Madison Square Garden Entertainment Corp.                  | CUSIP: 558256103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5858 | NS      | $217390.38    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Ryman Hospitality Properties, Inc.               | Ryman Hospitality Properties, Inc.                         | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |       815 | NS      | $79144.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| SPX Technologies, Inc.                           | SPX Technologies, Inc.                                     | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      8519 | NS      | $1295654.71   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyster-Yale, Inc.                                | Hyster-Yale, Inc.                                          | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1050 | NS      | $42168.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA Technologies, Inc.                          | SIGA Technologies, Inc.                                    | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9665 | NS      | $57796.70     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp                                | Merchants Bancorp                                          | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |      3448 | NS      | $110404.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Natural Holding Co.                    | Northwest Natural Holding Co.                              | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |      4869 | NS      | $199482.93    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions Inc.                             | Viavi Solutions Inc.                                       | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |      7164 | NS      | $65264.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Payoneer Global Inc.                             | Payoneer Global Inc.                                       | CUSIP: 70451X104<br>LEI: 984500491C64C70FF033 | Long             | EC               | CORP              | US        |     78777 | NS      | $536471.37    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.                      | Horace Mann Educators Corp.                                | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |      8558 | NS      | $371673.94    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Dole PLC                                         | Dole PLC                                                   | CUSIP: G27907107<br>LEI: 635400JUG5XJXOPPJJ47 | Long             | EC               | CORP              | IE        |      3948 | NS      | $55903.68     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education, Inc.                         | Laureate Education, Inc., Class A                          | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     31731 | NS      | $713947.50    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners, Inc.                 | Virtus Investment Partners, Inc.                           | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |       675 | NS      | $115222.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Gladstone Commercial Corp.                       | Gladstone Commercial Corp.                                 | CUSIP: 376536108<br>LEI: 529900EVVV534W8R0T32 | Long             | EC               | CORP              | US        |      9405 | NS      | $134961.75    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp.                               | TrustCo Bank Corp.                                         | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2625 | NS      | $81480.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                           | Cathay General Bancorp                                     | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |      8856 | NS      | $379523.88    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp.                     | National Bank Holdings Corp., Class A                      | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6102 | NS      | $220587.30    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                         | Boot Barn Holdings, Inc.                                   | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      4135 | NS      | $662881.85    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies, Inc.                         | Ormat Technologies, Inc.                                   | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |      2755 | NS      | $204779.15    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc.      | HA Sustainable Infrastructure Capital, Inc.                | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |      5636 | NS      | $141181.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Federal Signal Corp.                             | Federal Signal Corp.                                       | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |     15301 | NS      | $1439365.07   | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| Easterly Government Properties, Inc.             | Easterly Government Properties, Inc.                       | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |      3870 | NS      | $84095.10     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet, Inc.                                     | RadNet, Inc.                                               | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |      4347 | NS      | $249909.03    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Diamond Hill Investment Group, Inc.              | Diamond Hill Investment Group, Inc.                        | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |       343 | NS      | $48452.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| New Jersey Resources Corp.                       | New Jersey Resources Corp.                                 | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |      7601 | NS      | $348809.89    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| International Bancshares Corp.                   | International Bancshares Corp.                             | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |     11602 | NS      | $726633.26    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid Penn Bancorp, Inc.                           | Mid Penn Bancorp, Inc.                                     | CUSIP: 59540G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2465 | NS      | $65692.25     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackstone Mortgage Trust, Inc.                  | Blackstone Mortgage Trust, Inc., Class A                   | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |      6810 | NS      | $128640.90    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Phillips Edison & Co., Inc.                      | Phillips Edison & Co., Inc.                                | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |     25460 | NS      | $902811.60    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanos Medical, Inc.                             | Avanos Medical, Inc.                                       | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |      3285 | NS      | $41292.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co.                              | Graham Holdings Co., Class B                               | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |       566 | NS      | $540196.06    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corp.                            | Hancock Whitney Corp.                                      | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |      8583 | NS      | $469232.61    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health, Inc.                             | Astrana Health, Inc.                                       | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |      5804 | NS      | $143881.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| United Bankshares, Inc.                          | United Bankshares, Inc.                                    | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |     14387 | NS      | $519946.18    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| American States Water Co.                        | American States Water Co.                                  | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |      3409 | NS      | $268867.83    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp.                              | CVB Financial Corp.                                        | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12665 | NS      | $237468.75    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vitesse Energy, Inc.                             | Vitesse Energy, Inc.                                       | CUSIP: 92852X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2314 | NS      | $48432.02     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Dynex Capital, Inc.                              | Dynex Capital, Inc.                                        | CUSIP: 26817Q886<br>LEI: 5CIJ4S9HAEBWILA19B65 | Long             | EC               | CORP              | US        |      5962 | NS      | $71782.48     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                          | COPT Defense Properties                                    | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     22165 | NS      | $608429.25    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp.                               | Getty Realty Corp.                                         | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     14661 | NS      | $428980.86    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock, Inc.                                   | Archrock, Inc.                                             | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |     15028 | NS      | $374197.20    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Southside Bancshares, Inc.                       | Southside Bancshares, Inc.                                 | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |      3400 | NS      | $95846.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp.                         | Enerpac Tool Group Corp.                                   | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |     12977 | NS      | $556453.76    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Wesbanco, Inc.                                   | Wesbanco, Inc.                                             | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10455 | NS      | $321804.90    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LegalZoom.com, Inc.                              | LegalZoom.com, Inc.                                        | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |      7331 | NS      | $66932.03     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group, Inc. (The)                         | Ensign Group, Inc. (The)                                   | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |     14350 | NS      | $2113181.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc.                           | ESCO Technologies Inc.                                     | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |      6812 | NS      | $1234606.88   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp.                         | Magnolia Oil & Gas Corp., Class A                          | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4445 | NS      | $95567.50     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategic Education, Inc.                        | Strategic Education, Inc.                                  | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |      1722 | NS      | $157098.06    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Baldwin Insurance Group, Inc. (The)              | Baldwin Insurance Group, Inc. (The), Class A               | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6762 | NS      | $260539.86    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Glacier Bancorp, Inc.                            | Glacier Bancorp, Inc.                                      | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     15886 | NS      | $658792.42    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| WD-40 Co.                                        | WD-40 Co.                                                  | CUSIP: 929236107<br>LEI: 549300UZHTN0CNKBOB19 | Long             | EC               | CORP              | US        |      3256 | NS      | $793259.28    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises, Inc.                         | Werner Enterprises, Inc.                                   | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |      3907 | NS      | $101386.65    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| OUTFRONT Media Inc.                              | OUTFRONT Media Inc.                                        | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |      3579 | NS      | $59125.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AvePoint, Inc.                                   | AvePoint, Inc.                                             | CUSIP: 053604104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48478 | NS      | $904114.70    | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Kforce Inc.                                      | Kforce Inc.                                                | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |      1040 | NS      | $42432.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Agios Pharmaceuticals, Inc.                      | Agios Pharmaceuticals, Inc.                                | CUSIP: 00847X104<br>LEI: 529900ONJHY8EOGYT555 | Long             | EC               | CORP              | US        |      7351 | NS      | $235893.59    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity, Inc.                               | HealthEquity, Inc.                                         | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     13655 | NS      | $1373829.55   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Steelcase Inc.                                   | Steelcase Inc., Class A                                    | CUSIP: 858155203<br>LEI: GIE4CCPBJDI8SMV1OX95 | Long             | EC               | CORP              | US        |      4456 | NS      | $45941.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp.                         | CECO Environmental Corp.                                   | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |      5480 | NS      | $147357.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Sensient Technologies Corp.                      | Sensient Technologies Corp.                                | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |      6157 | NS      | $582021.21    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp.                             | Terreno Realty Corp.                                       | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16655 | NS      | $939675.10    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Winmark Corp.                                    | Winmark Corp.                                              | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       446 | NS      | $189469.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Chesapeake Utilities Corp.                       | Chesapeake Utilities Corp.                                 | CUSIP: 165303108<br>LEI: 254900WW0FDCKAOCKE74 | Long             | EC               | CORP              | US        |      1000 | NS      | $122190.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Gencor Industries, Inc.                          | Gencor Industries, Inc.                                    | CUSIP: 368678108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3228 | NS      | $44514.12     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Greif, Inc.                                      | Greif, Inc., Class A                                       | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |       988 | NS      | $54932.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tompkins Financial Corp.                         | Tompkins Financial Corp.                                   | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |      1380 | NS      | $84732.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| National Presto Industries, Inc.                 | National Presto Industries, Inc.                           | CUSIP: 637215104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       706 | NS      | $60468.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Forestar Group Inc.                              | Forestar Group Inc.                                        | CUSIP: 346232101<br>LEI: 549300BC2UB0GHV60V70 | Long             | EC               | CORP              | US        |      2288 | NS      | $43815.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes, Inc.                           | Tri Pointe Homes, Inc.                                     | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1680 | NS      | $49526.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Community Bancorp, Inc.                | Northeast Community Bancorp, Inc.                          | CUSIP: 664121100<br>LEI: 5493007BRYL8596Q9L26 | Long             | EC               | CORP              | US        |      4541 | NS      | $102717.42    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| One Liberty Properties, Inc.                     | One Liberty Properties, Inc.                               | CUSIP: 682406103<br>LEI: 549300QII1CQZGZBZR14 | Long             | EC               | CORP              | US        |      6507 | NS      | $159291.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Primo Brands Corp.                               | Primo Brands Corp.                                         | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     47117 | NS      | $1558159.19   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeTrust Bancshares, Inc.                       | HomeTrust Bancshares, Inc.                                 | CUSIP: 437872104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2825 | NS      | $101954.25    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Unity Bancorp, Inc.                              | Unity Bancorp, Inc.                                        | CUSIP: 913290102<br>LEI: 549300Q90ZRNUR65PL93 | Long             | EC               | CORP              | US        |      1545 | NS      | $68296.73     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett, Inc.                             | Douglas Emmett, Inc.                                       | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39368 | NS      | $560206.64    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Vita Coco Co., Inc. (The)                        | Vita Coco Co., Inc. (The)                                  | CUSIP: 92846Q107<br>LEI: 54930020WXOAWHR85Y25 | Long             | EC               | CORP              | US        |      3247 | NS      | $115560.73    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Bank of N.T. Butterfield & Son Ltd. (The)        | Bank of N.T. Butterfield & Son Ltd. (The)                  | CUSIP: G0772R208<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |      5456 | NS      | $230024.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Marin Bancorp                            | Bank of Marin Bancorp                                      | CUSIP: 063425102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2156 | NS      | $45944.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterBrand, Inc.                                | MasterBrand, Inc.                                          | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |      6488 | NS      | $66177.60     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports and Outdoors, Inc.                | Academy Sports and Outdoors, Inc.                          | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1988 | NS      | $81329.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Hillman Solutions Corp.                          | Hillman Solutions Corp.                                    | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27130 | NS      | $196421.20    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc.                               | Herc Holdings Inc.                                         | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |       683 | NS      | $84692.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                                   | Northeast Bank                                             | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |      1481 | NS      | $124152.23    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tecnoglass Inc.                                  | Tecnoglass Inc.                                            | CUSIP: G87264100<br>LEI: 529900YRWTPOC2E6IO67 | Long             | EC               | CORP              | KY        |      1204 | NS      | $103098.52    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Capital City Bank Group, Inc.                    | Capital City Bank Group, Inc.                              | CUSIP: 139674105<br>LEI: 254900NVLVUJQZKTQE82 | Long             | EC               | CORP              | US        |      2047 | NS      | $77253.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GCM Grosvenor Inc.                               | GCM Grosvenor Inc., Class A                                | CUSIP: 36831E108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9750 | NS      | $122947.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MetroCity Bankshares, Inc.                       | MetroCity Bankshares, Inc.                                 | CUSIP: 59165J105<br>LEI: 549300TC6QB7YG0P6F52 | Long             | EC               | CORP              | US        |      3537 | NS      | $98823.78     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENLANE, Inc.                                   | OPENLANE, Inc.                                             | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |     17885 | NS      | $410103.05    | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| PROG Holdings, Inc.                              | PROG Holdings, Inc.                                        | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |      2270 | NS      | $65444.10     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks, Inc.                     | United Community Banks, Inc.                               | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     10248 | NS      | $294527.52    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp.                                   | First BanCorp.                                             | CUSIP: 318672706<br>LEI: 5493000C44WC17AV1S09 | Long             | EC               | CORP              | PR        |     23913 | NS      | $477781.74    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr. Cooper Group Inc.                            | Mr. Cooper Group Inc.                                      | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     13833 | NS      | $1791788.49   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson, Inc.                                     | Matson, Inc.                                               | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |      2452 | NS      | $276708.20    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Terex Corp.                                      | Terex Corp.                                                | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |      2190 | NS      | $98571.90     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources, Inc.                     | Core Natural Resources, Inc.                               | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      1710 | NS      | $118503.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| NuScale Power Corp.                              | NuScale Power Corp.                                        | CUSIP: 67079K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3965 | NS      | $126840.35    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| BrightView Holdings, Inc.                        | BrightView Holdings, Inc.                                  | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |      7844 | NS      | $122209.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial, Inc.                         | Genworth Financial, Inc., Class A                          | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |     27216 | NS      | $191872.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc.                                      | Belden Inc.                                                | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |      4877 | NS      | $517937.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tennant Co.                                      | Tennant Co.                                                | CUSIP: 880345103<br>LEI: JYAIRLT8DVP6DP8UT336 | Long             | EC               | CORP              | US        |      2520 | NS      | $187538.40    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Prime Fund                       | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  25364755 | NS      | $25364754.94  | 10.87%            |  |  |  | No            |                  2 | On Loan: No      |
| WisdomTree, Inc.                                 | WisdomTree, Inc.                                           | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |     49327 | NS      | $465646.88    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Infrastructure Corp.                  | Brookfield Infrastructure Corp.                            | CUSIP: 11276H106<br>LEI: 254900YTMKBFJAKUBO55 | Long             | EC               | CORP              | CA        |      2358 | NS      | $93306.06     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacira Biosciences, Inc.                         | Pacira Biosciences, Inc.                                   | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3812 | NS      | $98502.08     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EnPro Inc.                                       | EnPro Inc.                                                 | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      1782 | NS      | $329919.48    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp, Inc.                  | Southern Missouri Bancorp, Inc.                            | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1413 | NS      | $74408.58     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| National HealthCare Corp.                        | National HealthCare Corp.                                  | CUSIP: 635906100<br>LEI: 254900PTS11LS1JS2752 | Long             | EC               | CORP              | US        |      4657 | NS      | $484979.98    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics, Inc.                           | PTC Therapeutics, Inc.                                     | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |      1325 | NS      | $64289.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LivaNova PLC                                     | LivaNova PLC                                               | CUSIP: G5509L101<br>LEI: 2138001K2FX6SHK2B339 | Long             | EC               | CORP              | GB        |      2235 | NS      | $96663.75     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Costamare Inc.                                   | Costamare Inc.                                             | CUSIP: Y1771G102<br>LEI: 5299003L6NPTZ25LN818 | Long             | EC               | CORP              | MH        |      6807 | NS      | $58335.99     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services, Inc.                        | Kodiak Gas Services, Inc.                                  | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1625 | NS      | $57378.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa, Inc.                                     | Arcosa, Inc.                                               | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |      5180 | NS      | $446878.60    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp                                    | First Bancorp                                              | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4417 | NS      | $182731.29    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust, Inc.                      | American Assets Trust, Inc.                                | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12797 | NS      | $255172.18    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corp.                            | Mercury General Corp.                                      | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |      8473 | NS      | $546339.04    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AeroVironment, Inc.                              | AeroVironment, Inc.                                        | CUSIP: 008073108<br>LEI: 529900PGHVI29YLZ6221 | Long             | EC               | CORP              | US        |      1084 | NS      | $192984.52    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadstone Net Lease, Inc.                       | Broadstone Net Lease, Inc.                                 | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     44517 | NS      | $708265.47    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Driven Brands Holdings Inc.                      | Driven Brands Holdings Inc.                                | CUSIP: 26210V102<br>LEI: 549300KCWA5W52MS5559 | Long             | EC               | CORP              | US        |     11166 | NS      | $198978.12    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Semtech Corp.                                    | Semtech Corp.                                              | CUSIP: 816850101<br>LEI: 549300J7WUY317SW6O61 | Long             | EC               | CORP              | US        |     17220 | NS      | $642822.60    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp.                            | First Financial Corp.                                      | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1649 | NS      | $85484.16     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Perdoceo Education Corp.                         | Perdoceo Education Corp.                                   | CUSIP: 71363P106<br>LEI: 529900X5PCA184O9LY90 | Long             | EC               | CORP              | US        |     10928 | NS      | $371989.12    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins, Inc.                                    | Hawkins, Inc.                                              | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |      4013 | NS      | $535695.37    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT, Inc.                   | American Healthcare REIT, Inc.                             | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |      5686 | NS      | $198668.84    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc.                                 | Alamo Group Inc.                                           | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |       519 | NS      | $102782.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp.                                 | NCR Atleos Corp.                                           | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |     17464 | NS      | $462970.64    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers, Inc.                               | Saul Centers, Inc.                                         | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1687 | NS      | $56818.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| St. Joe Co. (The)                                | St. Joe Co. (The)                                          | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |      3115 | NS      | $139271.65    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp, Inc.                          | Customers Bancorp, Inc.                                    | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |      1286 | NS      | $65534.56     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| ABM Industries Inc.                              | ABM Industries Inc.                                        | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |      7678 | NS      | $404246.70    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corp.               | Stewart Information Services Corp.                         | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      4058 | NS      | $244859.72    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors, Inc.                  | National Health Investors, Inc.                            | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |     19729 | NS      | $1430549.79   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations Inc.                      | Hilton Grand Vacations Inc.                                | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |      2137 | NS      | $81569.29     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Lantheus Holdings, Inc.                          | Lantheus Holdings, Inc.                                    | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |      2331 | NS      | $176130.36    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CBL & Associates Properties, Inc.                | CBL & Associates Properties, Inc.                          | CUSIP: 124830878<br>LEI: 529900EIVFBRS4PUBZ13 | Long             | EC               | CORP              | US        |      4915 | NS      | $123907.15    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals, Inc.              | United States Lime & Minerals, Inc.                        | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |      6243 | NS      | $641655.54    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Business Corp.                        | Brookfield Business Corp., Class A                         | CUSIP: 11259V106<br>LEI: 2549005XWAHF5YCLN502 | Long             | EC               | CORP              | CA        |      2853 | NS      | $81396.09     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                                | Black Hills Corp.                                          | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      8578 | NS      | $501555.66    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Kontoor Brands, Inc.                             | Kontoor Brands, Inc.                                       | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     11311 | NS      | $775934.60    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc.                                | PJT Partners Inc., Class A                                 | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |      7469 | NS      | $1125279.54   | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| AdaptHealth Corp.                                | AdaptHealth Corp.                                          | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10468 | NS      | $94002.64     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics, Inc.                             | ADMA Biologics, Inc.                                       | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6273 | NS      | $124456.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Bar Harbor Bankshares                            | Bar Harbor Bankshares                                      | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1687 | NS      | $49057.96     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp, Inc.                    | German American Bancorp, Inc.                              | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |      6425 | NS      | $245531.38    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group, Inc. (The)                            | GEO Group, Inc. (The)                                      | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |     38435 | NS      | $1043125.90   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Integral Ad Science Holding Corp.                | Integral Ad Science Holding Corp.                          | CUSIP: 45828L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5033 | NS      | $40968.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Otter Tail Corp.                                 | Otter Tail Corp.                                           | CUSIP: 689648103<br>LEI: 549300HHVBQRQUVKKD91 | Long             | EC               | CORP              | US        |      2556 | NS      | $197272.08    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Southwest Gas Holdings, Inc.                     | Southwest Gas Holdings, Inc.                               | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |     11031 | NS      | $792356.73    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Gorman-Rupp Co. (The)                            | Gorman-Rupp Co. (The)                                      | CUSIP: 383082104<br>LEI: 254900WVLPOIWPGJPA07 | Long             | EC               | CORP              | US        |      5825 | NS      | $212612.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services, Inc.          | First Business Financial Services, Inc.                    | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |      1211 | NS      | $59060.47     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Busey Corp.                                | First Busey Corp.                                          | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               | CORP              | US        |      9070 | NS      | $200628.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products, Inc.                | Installed Building Products, Inc.                          | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |       810 | NS      | $129178.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Concentra Group Holdings Parent, Inc.            | Concentra Group Holdings Parent, Inc.                      | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3255 | NS      | $70405.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc.                                     | Novanta Inc.                                               | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |      2340 | NS      | $289738.80    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International, Inc.                        | Enova International, Inc.                                  | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |      2615 | NS      | $242332.05    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Noble Corp. PLC                                  | Noble Corp. PLC                                            | CUSIP: G65431127<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | GB        |      5120 | NS      | $126822.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcellx, Inc.                                    | Arcellx, Inc.                                              | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1281 | NS      | $79498.86     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Spire Inc.                                       | Spire Inc.                                                 | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      5063 | NS      | $381142.64    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Turning Point Brands, Inc.                       | Turning Point Brands, Inc.                                 | CUSIP: 90041L105<br>LEI: 549300IYG00QF0VVP302 | Long             | EC               | CORP              | US        |      2965 | NS      | $220358.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials, Inc.                            | CSW Industrials, Inc.                                      | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      9879 | NS      | $3020899.41   | 1.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Intapp, Inc.                                     | Intapp, Inc.                                               | CUSIP: 45827U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8370 | NS      | $461354.40    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Burford Capital Ltd.                             | Burford Capital Ltd.                                       | CUSIP: G17977110<br>LEI: 549300FUKUWFYJMT2277 | Long             | EC               | CORP              | GG        |      4487 | NS      | $57702.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Cinemark Holdings, Inc.                          | Cinemark Holdings, Inc.                                    | CUSIP: 17243V102<br>LEI: 549300LL2QMPTYIE0K55 | Long             | EC               | CORP              | US        |      3846 | NS      | $129879.42    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises, Inc.                           | Rush Enterprises, Inc., Class A                            | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |      7836 | NS      | $389057.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp.                       | OceanFirst Financial Corp.                                 | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7110 | NS      | $119519.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory Inc. (The)                    | Cheesecake Factory Inc. (The)                              | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |      7992 | NS      | $440918.64    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| ACI Worldwide, Inc.                              | ACI Worldwide, Inc.                                        | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     17594 | NS      | $813898.44    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Nathan's Famous, Inc.                            | Nathan's Famous, Inc.                                      | CUSIP: 632347100<br>LEI: 54930034SKNSF1JIE673 | Long             | EC               | CORP              | US        |      1055 | NS      | $112863.90    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Bancshares, Inc.                       | Northwest Bancshares, Inc.                                 | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20965 | NS      | $257450.20    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                             | Associated Banc-Corp                                       | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     22983 | NS      | $532516.11    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                              | Acadia Realty Trust                                        | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |     40890 | NS      | $787541.40    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Itron, Inc.                                      | Itron, Inc.                                                | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      5486 | NS      | $634181.60    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Costamare Bulkers Holdings Ltd.                  | Costamare Bulkers Holdings Ltd.                            | CUSIP: Y2001C101<br>LEI: 529900XOR3ESNE5WKB78 | Long             | EC               | CORP              | MH        |      1361 | NS      | $12738.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals, Inc.                   | Catalyst Pharmaceuticals, Inc.                             | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |     16194 | NS      | $404202.24    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                           | Dycom Industries, Inc.                                     | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      2143 | NS      | $492718.56    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc.                                        | DNOW Inc.                                                  | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     12474 | NS      | $179875.08    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent, Inc.                                   | Exponent, Inc.                                             | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     12068 | NS      | $921271.12    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp.                                      | Fluor Corp.                                                | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     10629 | NS      | $441953.82    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings, Inc.                     | Thermon Group Holdings, Inc.                               | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      1967 | NS      | $51023.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.                  | Atlantic Union Bankshares Corp., Class B                   | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18050 | NS      | $541861.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Acushnet Holdings Corp.                          | Acushnet Holdings Corp.                                    | CUSIP: 005098108<br>LEI: 529900W5FI106H543E43 | Long             | EC               | CORP              | US        |      5073 | NS      | $346181.52    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Stride, Inc.                                     | Stride, Inc.                                               | CUSIP: 86333M108<br>LEI: 254900BRWS3AFONWU277 | Long             | EC               | CORP              | US        |      4676 | NS      | $707899.64    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Global Business Travel Group, Inc.               | Global Business Travel Group, Inc.                         | CUSIP: 37890B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30576 | NS      | $191100.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Phibro Animal Health Corp.                       | Phibro Animal Health Corp., Class A                        | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |      4762 | NS      | $116288.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp.                                    | Vericel Corp.                                              | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |      4414 | NS      | $182276.13    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| LTC Properties, Inc.                             | LTC Properties, Inc.                                       | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |     16999 | NS      | $601594.61    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Community Trust Bancorp, Inc.                    | Community Trust Bancorp, Inc.                              | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3515 | NS      | $179440.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Infrastructure Inc.                         | FTAI Infrastructure Inc.                                   | CUSIP: 35953C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7591 | NS      | $46381.01     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tutor Perini Corp.                               | Tutor Perini Corp.                                         | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |      4241 | NS      | $156408.08    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan, Inc.                                      | Argan, Inc.                                                | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |      7876 | NS      | $1656322.80   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Huron Consulting Group Inc.                      | Huron Consulting Group Inc.                                | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |      4802 | NS      | $685869.66    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva, Inc.                                   | Innoviva, Inc.                                             | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |      4332 | NS      | $84777.24     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| ScanSource, Inc.                                 | ScanSource, Inc.                                           | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |      4185 | NS      | $168990.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Inc.                               | Hamilton Lane Inc., Class A                                | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |     17862 | NS      | $2661438.00   | 1.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Natural Grocers by Vitamin Cottage, Inc.         | Natural Grocers by Vitamin Cottage, Inc.                   | CUSIP: 63888U108<br>LEI: 529900P4OTXDGBUS3O87 | Long             | EC               | CORP              | US        |      3460 | NS      | $168951.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Village Super Market, Inc.                       | Village Super Market, Inc., Class A                        | CUSIP: 927107409<br>LEI: 25490069686XCNNEMQ07 | Long             | EC               | CORP              | US        |      3140 | NS      | $121141.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Bancshares, Inc.                          | Equity Bancshares, Inc., Class A                           | CUSIP: 29460X109<br>LEI: 549300BPQ2EJNU4WF694 | Long             | EC               | CORP              | US        |      2352 | NS      | $91586.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MannKind Corp.                                   | MannKind Corp.                                             | CUSIP: 56400P706<br>LEI: 213800GFBCNY1ZFST722 | Long             | EC               | CORP              | US        |     34831 | NS      | $144548.65    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Telephone and Data Systems, Inc.                 | Telephone and Data Systems, Inc.                           | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3984 | NS      | $136890.24    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares, Inc.                  | Business First Bancshares, Inc.                            | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |      2667 | NS      | $63447.93     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics, Inc.                      | Benchmark Electronics, Inc.                                | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      5654 | NS      | $206484.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy, Inc.                             | SunCoke Energy, Inc.                                       | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |      4759 | NS      | $38738.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corp.                                     | CorVel Corp.                                               | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10697 | NS      | $1190255.19   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp.                                     | Deluxe Corp.                                               | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |      2544 | NS      | $36302.88     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sweetgreen, Inc.                                 | Sweetgreen, Inc., Class A                                  | CUSIP: 87043Q108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3014 | NS      | $40447.88     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| ePlus inc.                                       | ePlus inc.                                                 | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      4028 | NS      | $287478.36    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Integer Holdings Corp.                           | Integer Holdings Corp.                                     | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |      5813 | NS      | $690351.88    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Capitol Federal Financial, Inc.                  | Capitol Federal Financial, Inc.                            | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8904 | NS      | $50841.84     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Biosciences Holdings, Inc.               | Harmony Biosciences Holdings, Inc.                         | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4550 | NS      | $156975.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co. (The)                               | Macerich Co. (The)                                         | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |      5880 | NS      | $95138.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Third Coast Bancshares, Inc.                     | Third Coast Bancshares, Inc.                               | CUSIP: 88422P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3026 | NS      | $92777.16     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Clear Secure, Inc.                               | Clear Secure, Inc., Class A                                | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11402 | NS      | $282199.50    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Standex International Corp.                      | Standex International Corp.                                | CUSIP: 854231107<br>LEI: RCX52GR0JW2LRRMH9Z54 | Long             | EC               | CORP              | US        |      2488 | NS      | $375538.72    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Compass Diversified Holdings                     | Compass Diversified Holdings                               | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |      4012 | NS      | $26960.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Financial Services, Inc.                | PennyMac Financial Services, Inc.                          | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |      1859 | NS      | $178464.00    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp.                         | First Financial Bancorp.                                   | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |     13350 | NS      | $322536.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Burke & Herbert Financial Services Corp.         | Burke & Herbert Financial Services Corp.                   | CUSIP: 12135Y108<br>LEI: 549300OS8C7J7ZWMNL70 | Long             | EC               | CORP              | US        |      1481 | NS      | $84298.52     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group, Inc.                              | Newmark Group, Inc., Class A                               | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12317 | NS      | $135610.17    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar Bancorp, Inc.                            | Stellar Bancorp, Inc.                                      | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |      4271 | NS      | $114975.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker Inc.                                | Warby Parker Inc., Class A                                 | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11429 | NS      | $241951.93    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.                       | Carpenter Technology Corp.                                 | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      7455 | NS      | $1751925.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadian Asset Management Inc.                    | Acadian Asset Management Inc.                              | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |      6161 | NS      | $185507.71    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Accel Entertainment, Inc.                        | Accel Entertainment, Inc.                                  | CUSIP: 00436Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9902 | NS      | $111100.44    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.                     | Mueller Water Products, Inc., Class A                      | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     53160 | NS      | $1304014.80   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co.                         | Central Garden & Pet Co., Class A                          | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |      1618 | NS      | $51727.46     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LeMaitre Vascular, Inc.                          | LeMaitre Vascular, Inc.                                    | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |      9007 | NS      | $740375.40    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services Corp.               | Lincoln Educational Services Corp.                         | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |      5365 | NS      | $127687.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Flexsteel Industries, Inc.                       | Flexsteel Industries, Inc.                                 | CUSIP: 339382103<br>LEI: 894500J5Y3ZZOOJXXN24 | Long             | EC               | CORP              | US        |      1790 | NS      | $54362.30     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyco Group, Inc.                                | Weyco Group, Inc.                                          | CUSIP: 962149100<br>LEI: 549300I10J38MHJELM87 | Long             | EC               | CORP              | US        |      1979 | NS      | $62061.44     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| UFP Industries, Inc.                             | UFP Industries, Inc.                                       | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |      1385 | NS      | $135120.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Spok Holdings, Inc.                              | Spok Holdings, Inc.                                        | CUSIP: 84863T106<br>LEI: 549300HXXANIVN2ICC89 | Long             | EC               | CORP              | US        |      6556 | NS      | $106207.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Weis Markets, Inc.                               | Weis Markets, Inc.                                         | CUSIP: 948849104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2611 | NS      | $197913.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corp.                                  | NCR Voyix Corp.                                            | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |      8535 | NS      | $94653.15     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| UniFirst Corp.                                   | UniFirst Corp.                                             | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      1895 | NS      | $357321.20    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies, Inc.                       | Resideo Technologies, Inc.                                 | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |      3657 | NS      | $75699.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                                | Essent Group Ltd.                                          | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     15280 | NS      | $886240.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys, Inc.                                   | Agilysys, Inc.                                             | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |      3257 | NS      | $344948.87    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Moelis & Co.                                     | Moelis & Co., Class A                                      | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |      5880 | NS      | $335806.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings, Inc.                           | Limbach Holdings, Inc.                                     | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |      2457 | NS      | $315036.54    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| GATX Corp.                                       | GATX Corp.                                                 | CUSIP: 361448103<br>LEI: 549300IHYHCQP2PIR591 | Long             | EC               | CORP              | US        |      4334 | NS      | $690146.16    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings, Inc.                               | IES Holdings, Inc.                                         | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      2052 | NS      | $532822.32    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Safety Insurance Group, Inc.                     | Safety Insurance Group, Inc.                               | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |      1746 | NS      | $143416.44    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp.                             | Addus HomeCare Corp.                                       | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      3749 | NS      | $415801.59    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Government & Agency Portfolio            | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |    294611 | NS      | $294610.89    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers, Inc.                             | Cohen & Steers, Inc.                                       | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |      8543 | NS      | $656444.12    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp.                                     | Unitil Corp.                                               | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1919 | NS      | $105218.77    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems, Inc.                      | Casella Waste Systems, Inc., Class A                       | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |       496 | NS      | $58136.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TXNM Energy, Inc.                                | TXNM Energy, Inc.                                          | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |      6165 | NS      | $349493.85    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education Inc.                    | Adtalem Global Education Inc.                              | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |     10975 | NS      | $1449029.25   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial, Inc.                          | Triumph Financial, Inc.                                    | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |      2400 | NS      | $138648.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| PAR Technology Corp.                             | PAR Technology Corp.                                       | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |      2018 | NS      | $132300.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Apogee Enterprises, Inc.                         | Apogee Enterprises, Inc.                                   | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |      6005 | NS      | $232093.25    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares, Inc.                           | Shore Bancshares, Inc.                                     | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3263 | NS      | $47280.87     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp.                                        | CTS Corp.                                                  | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |      6612 | NS      | $269042.28    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries, Inc.                       | Gibraltar Industries, Inc.                                 | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2184 | NS      | $127938.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co.                          | Victoria's Secret & Co.                                    | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |      5242 | NS      | $111182.82    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitestone REIT                                  | Whitestone REIT                                            | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11318 | NS      | $139437.76    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises, Inc.                            | DXP Enterprises, Inc.                                      | CUSIP: 233377407<br>LEI: 8HH9SCFWHN29ZIEWIE93 | Long             | EC               | CORP              | US        |      1709 | NS      | $141300.12    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RBB Bancorp                                      | RBB Bancorp                                                | CUSIP: 74930B105<br>LEI: 549300A23FBFZNGET525 | Long             | EC               | CORP              | US        |      2513 | NS      | $42670.74     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                        | CNO Financial Group, Inc.                                  | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     21130 | NS      | $802094.80    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Bancorp, Inc.                           | Republic Bancorp, Inc., Class A                            | CUSIP: 760281204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2073 | NS      | $142083.42    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Trust, Inc.                         | Arbor Realty Trust, Inc.                                   | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |     17594 | NS      | $168550.52    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Maximus, Inc.                                    | Maximus, Inc.                                              | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      5796 | NS      | $420267.96    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Netgear, Inc.                                    | Netgear, Inc.                                              | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |      7493 | NS      | $219769.69    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| CTO Realty Growth, Inc.                          | CTO Realty Growth, Inc.                                    | CUSIP: 22948Q101<br>LEI: 549300ZJHMRPKE71JO81 | Long             | EC               | CORP              | US        |      8443 | NS      | $155520.06    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Glaukos Corp.                                    | Glaukos Corp.                                              | CUSIP: 377322102<br>LEI: 5299004JA1LHE21M6T14 | Long             | EC               | CORP              | US        |      2681 | NS      | $252791.49    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                         | Fabrinet                                                   | CUSIP: G3323L100<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | KY        |      5634 | NS      | $1311989.58   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| First Mid Bancshares, Inc.                       | First Mid Bancshares, Inc.                                 | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3297 | NS      | $116318.16    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Golden Ocean Group Ltd.                          | Golden Ocean Group Ltd.                                    | CUSIP: G39637205<br>LEI: 549300HQH91CZG0OJL61 | Long             | EC               | CORP              | BM        |      7964 | NS      | $61322.80     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc.                                       | Adeia Inc.                                                 | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4024 | NS      | $51668.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Golar LNG Ltd.                                   | Golar LNG Ltd.                                             | CUSIP: G9456A100<br>LEI: 213800C2VSFZG3EZLO34 | Long             | EC               | CORP              | BM        |      6491 | NS      | $267169.56    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Residential Trust, Inc.                 | NexPoint Residential Trust, Inc.                           | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |      8444 | NS      | $287096.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Andersons, Inc. (The)                            | Andersons, Inc. (The)                                      | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |      2388 | NS      | $84797.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure, Inc.                    | Sterling Infrastructure, Inc.                              | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      6962 | NS      | $1308925.62   | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Fresh Del Monte Produce Inc.                     | Fresh Del Monte Produce Inc.                               | CUSIP: G36738105<br>LEI: 529900I72V9F0FEZR228 | Long             | EC               | CORP              | KY        |      7196 | NS      | $254162.72    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd.                             | Signet Jewelers Ltd.                                       | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |      1072 | NS      | $71363.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Taylor Morrison Home Corp.                       | Taylor Morrison Home Corp., Class A                        | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |      2806 | NS      | $157921.68    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corp.                           | Fulton Financial Corp.                                     | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |     28461 | NS      | $490952.25    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanesbrands Inc.                                 | Hanesbrands Inc.                                           | CUSIP: 410345102<br>LEI: GX5LWVWZLL5S4W1L2F20 | Long             | EC               | CORP              | US        |     48616 | NS      | $240649.20    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp.                                     | Avista Corp.                                               | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |      8037 | NS      | $309504.87    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke and Soffa Industries, Inc.               | Kulicke and Soffa Industries, Inc.                         | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |      3141 | NS      | $100983.15    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| J & J Snack Foods Corp.                          | J & J Snack Foods Corp.                                    | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |       894 | NS      | $102961.98    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ladder Capital Corp.                             | Ladder Capital Corp.                                       | CUSIP: 505743104<br>LEI: 549300Q6LLV2QCV67C06 | Long             | EC               | CORP              | US        |      7492 | NS      | $78815.84     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp, Inc.                               | Hope Bancorp, Inc.                                         | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |     14503 | NS      | $145610.12    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelis Insurance Holdings Ltd.                  | Fidelis Insurance Holdings Ltd.                            | CUSIP: G3398L118<br>LEI: 549300CDMGCAGJQ7DX03 | Long             | EC               | CORP              | BM        |     20787 | NS      | $363356.76    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas, Inc.                                    | ONE Gas, Inc.                                              | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |      8716 | NS      | $651608.16    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Abercrombie & Fitch Co.                          | Abercrombie & Fitch Co., Class A                           | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     10113 | NS      | $793769.37    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp.                                | Haemonetics Corp.                                          | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |      1482 | NS      | $100346.22    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| S&T Bancorp, Inc.                                | S&T Bancorp, Inc.                                          | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7276 | NS      | $266738.16    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts, Inc.                     | Xenia Hotels & Resorts, Inc.                               | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |      6889 | NS      | $84252.47     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide, Inc.                       | Wolverine World Wide, Inc.                                 | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |      8613 | NS      | $146937.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals, Inc.                   | Supernus Pharmaceuticals, Inc.                             | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |     11022 | NS      | $349397.40    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Government Fund                  | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   9736240 | NS      | $9736239.96   | 4.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Sprouts Farmers Market, Inc.                     | Sprouts Farmers Market, Inc.                               | CUSIP: 85208M102<br>LEI: 529900P8F4G77Q52XE24 | Long             | EC               | CORP              | US        |     50652 | NS      | $8755704.72   | 3.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp.                             | Verra Mobility Corp., Class A                              | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |      7507 | NS      | $177540.55    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                            | Commercial Metals Co.                                      | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     13823 | NS      | $644013.57    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| DigitalOcean Holdings, Inc.                      | DigitalOcean Holdings, Inc.                                | CUSIP: 25402D102<br>LEI: 549300EPISPY3RE3DL21 | Long             | EC               | CORP              | US        |      1437 | NS      | $40667.10     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| International Seaways, Inc.                      | International Seaways, Inc.                                | CUSIP: Y41053102<br>LEI: 549300YUFDGFRNGBWF46 | Long             | EC               | CORP              | MH        |      3505 | NS      | $129860.25    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Peoples Bancorp Inc.                             | Peoples Bancorp Inc.                                       | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3493 | NS      | $102414.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, Inc.                                        | V2X, Inc.                                                  | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3604 | NS      | $163189.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings, Inc.                           | Palomar Holdings, Inc.                                     | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      6370 | NS      | $1092263.90   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Street Interactive, Inc.                    | Rush Street Interactive, Inc.                              | CUSIP: 782011100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17443 | NS      | $221351.67    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Home BancShares, Inc.                            | Home BancShares, Inc.                                      | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28988 | NS      | $820070.52    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Qualys, Inc.                                     | Qualys, Inc.                                               | CUSIP: 74758T303<br>LEI: 549300EMBXYOW9W1XA17 | Long             | EC               | CORP              | US        |       963 | NS      | $133423.65    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corp.              | Federal Agricultural Mortgage Corp., Class C               | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |      1219 | NS      | $227245.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings, Inc.                             | Enact Holdings, Inc.                                       | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |      7124 | NS      | $252189.60    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group, Inc.                  | Selective Insurance Group, Inc.                            | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     13451 | NS      | $1183957.02   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                             | Meritage Homes Corp.                                       | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |      1056 | NS      | $67172.16     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE, Inc.                                  | AMERISAFE, Inc.                                            | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |      4849 | NS      | $230182.03    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                      | OFG Bancorp                                                | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |      6189 | NS      | $254615.46    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc.                       | Minerals Technologies Inc.                                 | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |      5373 | NS      | $305078.94    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp.                                    | Griffon Corp.                                              | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |      3783 | NS      | $260081.25    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc.                                   | MYR Group Inc.                                             | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      2230 | NS      | $349775.50    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter, Inc.                               | Badger Meter, Inc.                                         | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     12211 | NS      | $3031014.42   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                               | FB Financial Corp.                                         | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |      6087 | NS      | $265697.55    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc.                                      | Kadant Inc.                                                | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |      4019 | NS      | $1261604.29   | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| Red Violet, Inc.                                 | Red Violet, Inc.                                           | CUSIP: 75704L104<br>LEI: 549300T4EGADG881UU63 | Long             | EC               | CORP              | US        |      1820 | NS      | $88379.20     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Edgewise Therapeutics, Inc.                      | Edgewise Therapeutics, Inc.                                | CUSIP: 28036F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2090 | NS      | $29845.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| ICU Medical, Inc.                                | ICU Medical, Inc.                                          | CUSIP: 44930G107<br>LEI: 5493003NRW7LS2QZRH60 | Long             | EC               | CORP              | US        |      2902 | NS      | $391363.72    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions, Inc.                     | Select Water Solutions, Inc., Class A                      | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     12117 | NS      | $97420.68     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Pipe Co.                               | Northwest Pipe Co.                                         | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |      2797 | NS      | $108076.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Alight, Inc.                                     | Alight, Inc., Class A                                      | CUSIP: 01626W101<br>LEI: 549300600ESCO1HTVN74 | Long             | EC               | CORP              | US        |     13825 | NS      | $75484.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corp.                            | First Merchants Corp.                                      | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |      7773 | NS      | $293042.10    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Veritex Holdings, Inc.                           | Veritex Holdings, Inc.                                     | CUSIP: 923451108<br>LEI: 549300F3SMOML02SC814 | Long             | EC               | CORP              | US        |      5623 | NS      | $136076.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Insurance Holdings, Inc.               | Universal Insurance Holdings, Inc.                         | CUSIP: 91359V107<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | EC               | CORP              | US        |      3916 | NS      | $106280.24    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies, Inc.                        | Helios Technologies, Inc.                                  | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |      1184 | NS      | $35898.88     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies, Inc.                           | TTM Technologies, Inc.                                     | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |      6927 | NS      | $206840.22    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services, Inc.               | Provident Financial Services, Inc.                         | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |     15029 | NS      | $250984.30    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp.                                    | Knowles Corp.                                              | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |      2890 | NS      | $47424.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| OneSpaWorld Holdings Ltd.                        | OneSpaWorld Holdings Ltd.                                  | CUSIP: P73684113<br>LEI: 5493007W8PZ8W6UC2X76 | Long             | EC               | CORP              | BS        |     11297 | NS      | $213061.42    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| H&E Equipment Services, Inc.                     | H&E Equipment Services, Inc.                               | CUSIP: 404030108<br>LEI: 254900KVLRCDMQRYY541 | Long             | EC               | CORP              | US        |      1740 | NS      | $164673.60    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.                | First Interstate BancSystem, Inc., Class A                 | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |      7232 | NS      | $196348.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ICF International, Inc.                          | ICF International, Inc.                                    | CUSIP: 44925C103<br>LEI: 5493003KYFDDC5B3WY64 | Long             | EC               | CORP              | US        |      1792 | NS      | $153968.64    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Six Flags Entertainment Corp.                    | Six Flags Entertainment Corp.                              | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |      2029 | NS      | $68093.24     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Amneal Pharmaceuticals, Inc.                     | Amneal Pharmaceuticals, Inc.                               | CUSIP: 03168L105<br>LEI: 549300VV176ZO5WQHZ61 | Long             | EC               | CORP              | US        |     10719 | NS      | $78463.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chimera Investment Corp.                         | Chimera Investment Corp.                                   | CUSIP: 16934Q802<br>LEI: 2JBBQFJOL123LOUBE657 | Long             | EC               | CORP              | US        |      4655 | NS      | $61352.90     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Worthington Steel, Inc.                          | Worthington Steel, Inc.                                    | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |      5375 | NS      | $133837.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                      | Centerspace                                                | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      6711 | NS      | $427826.25    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmers National Banc Corp.                      | Farmers National Banc Corp.                                | CUSIP: 309627107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3834 | NS      | $50723.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc.                        | Granite Construction Inc.                                  | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |      1508 | NS      | $134890.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Victory Capital Holdings, Inc.                   | Victory Capital Holdings, Inc., Class A                    | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |     18516 | NS      | $1148177.16   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart, Inc.                                 | PriceSmart, Inc.                                           | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |      9421 | NS      | $1017279.58   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies, Inc.                        | Mirion Technologies, Inc.                                  | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     22719 | NS      | $433932.90    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Cabot Corp.                                      | Cabot Corp.                                                | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |      9341 | NS      | $697679.29    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group, Inc.                  | Northwestern Energy Group, Inc.                            | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |      6295 | NS      | $348302.35    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential, Inc.                          | Veris Residential, Inc.                                    | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |      8024 | NS      | $121964.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp.                          | Coastal Financial Corp.                                    | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |      1478 | NS      | $129901.42    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining Inc.                                  | SSR Mining Inc.                                            | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | CA        |     15763 | NS      | $186476.29    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.                     | Sabra Health Care REIT, Inc.                               | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |     34509 | NS      | $603217.32    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp.                                     | Plexus Corp.                                               | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |      7459 | NS      | $979068.34    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos., Inc. (The)                      | Greenbrier Cos., Inc. (The)                                | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      1181 | NS      | $53227.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                             | LXP Industrial Trust                                       | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     40541 | NS      | $347841.78    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Watts Water Technologies, Inc.                   | Watts Water Technologies, Inc., Class A                    | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |      2353 | NS      | $569708.36    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PHINIA Inc.                                      | PHINIA Inc.                                                | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |      9689 | NS      | $420502.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN Inc.                                        | ASGN Inc.                                                  | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |      2344 | NS      | $123786.64    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Calix, Inc.                                      | Calix, Inc.                                                | CUSIP: 13100M509<br>LEI: 5299002RQRZ4SXSCSJ58 | Long             | EC               | CORP              | US        |      1889 | NS      | $87347.36     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ, Inc.                                       | CBIZ, Inc.                                                 | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |     13557 | NS      | $979357.68    | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Stock Yards Bancorp, Inc.                        | Stock Yards Bancorp, Inc.                                  | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      5817 | NS      | $427898.52    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corp.                            | Camden National Corp.                                      | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |      2240 | NS      | $88121.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| California Water Service Group                   | California Water Service Group                             | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |      2314 | NS      | $109336.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                             | Old National Bancorp                                       | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |     51587 | NS      | $1076104.82   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlas Energy Solutions Inc.                      | Atlas Energy Solutions Inc.                                | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3406 | NS      | $41382.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Portland General Electric Co.                    | Portland General Electric Co.                              | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |      8904 | NS      | $377529.60    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corp.                            | Kaiser Aluminum Corp.                                      | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       755 | NS      | $54805.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp                          | Valley National Bancorp                                    | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |     25075 | NS      | $220158.50    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap, Inc.                         | Marcus & Millichap, Inc.                                   | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |      1350 | NS      | $38893.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp. N.V.                 | Sapiens International Corp. N.V.                           | CUSIP: G7T16G103<br>LEI: 2549009P4ZS02GC5QV68 | Long             | EC               | CORP              | KY        |      9708 | NS      | $278619.60    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Tanger Inc.                                      | Tanger Inc.                                                | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     19318 | NS      | $575676.40    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp.                                     | Graham Corp.                                               | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |      2795 | NS      | $110206.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| TEGNA Inc.                                       | TEGNA Inc.                                                 | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     19675 | NS      | $328966.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co.                                 | City Holding Co.                                           | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2485 | NS      | $292956.65    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Mueller Industries, Inc.                         | Mueller Industries, Inc.                                   | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     19405 | NS      | $1511067.35   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                             | Axos Financial, Inc.                                       | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |      9812 | NS      | $682326.48    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadre Holdings, Inc.                             | Cadre Holdings, Inc.                                       | CUSIP: 12763L105<br>LEI: 2549006IKQEWJ8M7CB97 | Long             | EC               | CORP              | US        |      2776 | NS      | $90969.52     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health, Inc.                         | Option Care Health, Inc.                                   | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |      4308 | NS      | $140785.44    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes PLC                                     | Alkermes PLC                                               | CUSIP: G01767105<br>LEI: 549300YHRMYLL071E243 | Long             | EC               | CORP              | IE        |     18094 | NS      | $553857.34    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings, Inc.              | Clearwater Analytics Holdings, Inc., Class A               | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12901 | NS      | $298013.10    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries, Inc.                         | Trinity Industries, Inc.                                   | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |     10780 | NS      | $277477.20    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                     | Cadence Bank                                               | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     25753 | NS      | $780315.90    | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Urban Edge Properties                            | Urban Edge Properties                                      | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47827 | NS      | $868538.32    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthStream, Inc.                               | HealthStream, Inc.                                         | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |      5363 | NS      | $150271.26    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors, Inc.                   | Sunstone Hotel Investors, Inc.                             | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |     25672 | NS      | $230021.12    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Devices, Inc.                             | Taylor Devices, Inc.                                       | CUSIP: 877163105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1340 | NS      | $49486.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Alarm.com Holdings, Inc.                         | Alarm.com Holdings, Inc.                                   | CUSIP: 011642105<br>LEI: 549300HIH92U1EKIHZ32 | Long             | EC               | CORP              | US        |      1881 | NS      | $107969.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Interface, Inc.                                  | Interface, Inc.                                            | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |      4956 | NS      | $99566.04     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce, Inc.                               | SPS Commerce, Inc.                                         | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |      2073 | NS      | $291795.48    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp.                                   | Renasant Corp.                                             | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |     10674 | NS      | $374123.70    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Commvault Systems, Inc.                          | Commvault Systems, Inc.                                    | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     20747 | NS      | $3799813.05   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Properties, Inc.           | Innovative Industrial Properties, Inc.                     | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |      4309 | NS      | $237942.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SITE Centers Corp.                               | SITE Centers Corp.                                         | CUSIP: 82981J851<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               | CORP              | US        |      5785 | NS      | $68957.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Utz Brands, Inc.                                 | Utz Brands, Inc.                                           | CUSIP: 918090101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4474 | NS      | $59191.02     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

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

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President