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
InstitutionAdvisory Resource Group
Latest Disclosed Ownership18,021 shares
Latest Disclosed Value $ 414,122
Advisory Resource Group reports 1.07% increase in ownership of PZA / Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF

On May 15, 2026 - Advisory Resource Group filed a 13F-HR form disclosing ownership of 18,021 shares of Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF (US:PZA) valued at $414,123 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 17,831 shares of Invesco Exchange-Traded Fund Trust II - Invesco National AMT-Free Municipal Bond ETF. This represents a change in shares of 1.07% during the quarter. The current value of the position is $422,232 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 18,021 190 1.07 414 0.24 0.0713
2026-02-12 2025-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 17,831 -2,601 -12.73 414 -12.31 0.0727
2025-10-22 2025-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 20,432 -881 -4.13 472 -1.26 0.0846
2025-08-08 2025-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 21,313 431 2.06 477 -0.83 0.0917
2025-04-21 2025-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 20,882 3,300 18.77 481 15.90 0.0980
2025-01-28 2024-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 17,582 51 0.29 415 -1.89 0.0881
2024-11-20 2024-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 17,531 -1,699 -8.84 423 -7.03 0.0904
2024-07-24 2024-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 19,230 -38 -0.20 455 -0.87 0.1028
2024-05-17 2024-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 19,268 -426 -2.16 459 -3.57 0.1054
2024-01-11 2023-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 19,694 6,404 48.19 476 61.90 0.1187
2023-12-05 2023-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 13,290 13,290 295 0.0795
2021-08-19 2021-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 0 -10,947 -100.00 0 -100.00
2021-05-24 2021-03-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 10,947 -2,984 -21.42 293 -22.49 0.1369
2021-02-23 2020-12-31 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 13,931 10 0.07 378 1.89 0.1874
2020-12-09 2020-09-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 13,921 3,608 34.98 371 35.40 0.2175
2020-08-19 2020-06-30 13F INVESCO EXCH TRADED FD TR II NATL AMT MUNI 46138E537 10,313 0 0.00 274 3.01 0.1689
2020-05-27 2020-03-31 13F INVESCO EXCHANGE-TRADED FD T NATL AMT MUNI 46138E537 10,313 0 0.00 266 -2.56 0.2034
2020-02-12 2019-12-31 13F INVESCO EXCHNG TRADED FD TR NATL AMT MUNI 46138E537 10,313 0 0.00 273 -0.36 0.1538
2019-11-19 2019-09-30 13F INVESCO EXCHNG TRADED FD TR NATL AMT MUNI 46138E537 10,313 10,313 274 0.1471
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.