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        <fairValLevel>1</fairValLevel>
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        <name>Cisco Systems, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Thomson Reuters Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KLA Corp.</name>
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        <title>KLA Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Honeywell International Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Netflix, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ross Stores, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Western Digital Corp.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Ferrovial N.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Vertex Pharmaceuticals Inc.</name>
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        <title>Vertex Pharmaceuticals Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tesla, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Synopsys, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GE HealthCare Technologies Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Regeneron Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AppLovin Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Costco Wholesale Corp.</name>
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        <title>Costco Wholesale Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Airbnb, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Gilead Sciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Diamondback Energy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Linde PLC</name>
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        <title>Linde PLC</title>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Alphabet Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Amazon.com, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Palo Alto Networks, Inc.</name>
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        <title>Palo Alto Networks, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>PACCAR Inc.</name>
        <lei>KDTEY8BWE486IKZ3CC07</lei>
        <title>PACCAR Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Advanced Micro Devices, Inc.</name>
        <lei>R2I72C950HOYXII45366</lei>
        <title>Advanced Micro Devices, Inc.</title>
        <cusip>007903107</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Comcast Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Autodesk, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Keurig Dr Pepper Inc.</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Workday, Inc.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Monolithic Power Systems, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cadence Design Systems, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Broadcom Inc.</name>
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        <title>Broadcom Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Intuitive Surgical, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Zscaler, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Automatic Data Processing, Inc.</name>
        <lei>HGBOLILQXWER4SAL2I23</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lam Research Corp.</name>
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        <title>Lam Research Corp.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Charter Communications, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Baker Hughes Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Seagate Technology Holdings PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Xcel Energy Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>T-Mobile US, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Warner Bros. Discovery, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Applied Materials, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CSX Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alphabet Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Walmart Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Paychex, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NVIDIA Corp.</name>
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        <title>NVIDIA Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Marriott International, Inc.</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>Marriott International, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Amgen Inc.</name>
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        <name>Exelon Corp.</name>
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        <name>Microchip Technology Inc.</name>
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        <name>Booking Holdings Inc.</name>
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        <name>Apple Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Copart, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Analog Devices, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Datadog, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Monster Beverage Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Coca-Cola Europacific Partners PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <fairValLevel>1</fairValLevel>
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        <name>DexCom, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Starbucks Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Constellation Energy Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>IDEXX Laboratories, Inc.</name>
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        <name>ARM Holdings PLC</name>
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        <name>Intel Corp.</name>
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        <name>Microsoft Corp.</name>
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        <name>Strategy Inc.</name>
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        <name>O'Reilly Automotive, Inc.</name>
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        <name>ASML Holding N.V.</name>
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        <name>Axon Enterprise, Inc.</name>
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        <name>Marvell Technology, Inc.</name>
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        <name>Lumentum Holdings Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NXP Semiconductors N.V.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
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        <name>Intuit Inc.</name>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Invesco Exchange-Traded Fund Trust II</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
