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
InstitutionMercer Global Advisors Inc /adv
Latest Disclosed Ownership0 shares
Latest Disclosed Value $ 0
Mercer Global Advisors Inc /adv closes position in PZA / Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF

On November 14, 2025 - Mercer Global Advisors Inc /adv filed a 13F-HR form disclosing ownership of 0 shares of Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF (US:PZA) valued at $0 USD as of September 30, 2025. The entity filed a previous 13F-HR on August 14, 2025 disclosing 18,586 shares of Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF. The current value of the position is $0 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)
2025-11-14 2025-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 0 -100.00 0
2025-08-14 2025-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 18,586 8,567 85.51 416 80.87 0.0008
2025-05-15 2025-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 10,019 -2,927 -22.61 231 -24.59 0.0005
2025-02-14 2024-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 12,946 -121,772 -90.39 306 127.61 0.0007
2024-11-14 2024-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 134,718 -6,485 -4.59 135 -4.96 0.0003
2024-08-12 2024-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 141,203 3,068 2.22 141 0.0004
2024-05-15 2024-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 138,135 -8,980 -6.10 0 -100.00 0.0004
2024-02-15 2023-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 147,115 60,746 70.33 4 200.00 0.0107
2023-11-15 2023-09-30 13F/A-1 INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 86,369 -29,623 -25.54 2 -50.00 0.0073
2023-11-14 2023-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 86,369 -29,623 2 0.0073
2023-08-14 2023-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 115,992 -36,138 -23.75 3 -33.33 0.0109
2023-05-16 2023-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 152,130 -143,730 -48.58 4 -50.00 0.0164
2023-02-09 2022-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 295,860 -88,973 -23.12 7 -99.93 0.0340
2022-11-15 2022-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 384,833 -14,201 -3.56 8,497 -9.15 0.0504
2022-08-10 2022-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 399,034 211,540 112.82 9,353 100.11 0.0572
2022-05-10 2022-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 187,494 53,857 40.30 4,674 29.01 0.0275
2022-02-04 2021-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 133,637 60,072 81.66 3,623 83.35 0.0224
2021-11-10 2021-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 73,565 -2,489 -3.27 1,976 -4.68 0.0138
2021-08-10 2021-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 76,054 934 1.24 2,073 3.13 0.0159
2021-08-10 2021-03-31 13F/A-1 INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 75,120 67,527 889.33 2,010 900.00 0.0183
2021-05-11 2021-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 75,120 67,527 2,010 0.0192
2020-02-13 2019-12-31 13F INVESCO EXCHNG TRADED FD TR NATL AMT MUNI COM 46138E537 7,593 0 0.00 201 0.00 0.0040
2019-11-12 2019-09-30 13F INVESCO EXCHNG TRADED FD TR NATL AMT MUNI COM 46138E537 7,593 -2,345 -23.60 201 -22.69 0.0047
2019-08-14 2019-06-30 13F INVESCO EXCHNG TRADED FD TR NATL AMT MUNI COM 46138E537 9,938 0 0.00 260 1.96 0.0069
2019-04-23 2019-03-31 13F/A-1 INVESCO EXCHNG TRADED FD TR NATL AMT MUNI COM 46138E537 9,938 9,938 255 0.0092
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.