Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF
US ˙ ARCA ˙ US46138E5371

SecurityPZA / Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF
InstitutionAdvisor Group Holdings, Inc.
Latest Disclosed Ownership410,317 shares
Latest Disclosed Value $ 9,429,283
Advisor Group Holdings, Inc. reports 13.20% decrease in ownership of PZA / Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF

On May 15, 2026 - Advisor Group Holdings, Inc. filed a 13F-HR form disclosing ownership of 410,317 shares of Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF (US:PZA) valued at $9,429,085 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 472,724 shares of Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF. This represents a change in shares of -13.20% during the quarter. The current value of the position is $9,589,108 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 410,317 -62,407 -13.20 9,429 -13.98 0.0080
2026-02-17 2025-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 472,724 -105,120 -18.19 10,963 -15.67 0.0160
2025-11-14 2025-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 577,844 -19,617 -3.28 13,000 -2.99 0.0182
2025-09-04 2025-06-30 13F/A-1 NVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 597,461 79,293 15.30 13,401 12.25 0.0239
2025-08-13 2025-06-30 13F NVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 541,258 23,090 12,717 0.0147
2025-05-12 2025-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 518,168 -69,166 -11.78 11,939 -13.91 0.0266
2025-06-06 2024-12-31 13F/A-1 INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 587,334 141,166 31.64 13,867 28.70 0.0311
2025-02-07 2024-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 429,782 -16,386 10,317 0.0263
2024-11-13 2024-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 446,168 3,275 0.74 10,775 2.74 0.0243
2024-08-13 2024-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 442,893 -170,819 -27.83 10,488 -28.29 0.0248
2024-05-10 2024-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 613,712 -226,132 -26.93 14,625 -27.98 0.0327
2024-02-12 2023-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 839,844 -157,877 -15.82 20,308 -8.15 0.0355
2023-11-13 2023-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 997,721 338,178 51.27 22,110 42.05 0.0327
2023-08-21 2023-06-30 13F/A-1 INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 659,543 -6,045 -0.91 15,566 -1.24 0.0279
2023-08-10 2023-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 659,543 -6,045 15,566 0.0042
2023-05-12 2023-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 665,588 -4,192 -0.63 15,762 2.58 0.0297
2023-02-10 2022-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 669,780 -54,656 -7.54 15,364 -3.94 0.0311
2022-11-14 2022-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 724,436 -157,739 -17.88 15,995 -22.66 0.0366
2022-08-10 2022-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 882,175 -260,251 -22.78 20,681 -27.38 0.0456
2022-05-04 2022-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 1,142,426 187,641 19.65 28,480 10.03 0.0553
2022-02-03 2021-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 954,785 128,234 15.51 25,885 16.58 0.0490
2021-11-05 2021-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 826,551 110,441 15.42 22,203 13.73 0.0463
2021-08-02 2021-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 716,110 65,223 10.02 19,522 12.08 0.0423
2021-05-13 2021-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 650,887 68,599 11.78 17,418 10.34 0.0419
2021-02-10 2020-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 582,288 14,080 2.48 15,786 4.32 0.0422
2020-11-12 2020-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 568,208 -60,600 -9.64 15,132 -9.39 0.0453
2020-08-14 2020-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 628,808 65,616 11.65 16,700 20.45 0.0561
2020-05-18 2020-03-31 13F INVESCO EXCHANGE-TRADED FD T NATL AMT MUNI 46138E537 563,192 563,192 13,865 0.0568
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.