Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF
US ˙ ARCA ˙ US46138G8704

SecurityVRP / Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF
InstitutionCommonwealth Equity Services, Llc
Latest Disclosed Ownership138,435 shares
Latest Disclosed Value $ 3,368,130
Commonwealth Equity Services, Llc reports 35.47% decrease in ownership of VRP / Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF

On February 12, 2026 - Commonwealth Equity Services, Llc filed a 13F-HR form disclosing ownership of 138,435 shares of Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF (US:VRP) valued at $3,368,124 USD as of December 31, 2025. The entity filed a previous 13F-HR on October 22, 2025 disclosing 214,527 shares of Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF. This represents a change in shares of -35.47% during the quarter. The current value of the position is $3,373,661 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)
2026-02-12 2025-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 138,435 -76,092 -35.47 3,368 67,260.00
2025-10-22 2025-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 214,527 -18,667 -8.00 5 0.00 0.0069
2025-08-06 2025-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 233,194 -21,838 -8.56 6 -16.67 0.0075
2025-05-09 2025-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 255,032 -177,802 -41.08 6 -40.00 0.0087
2025-02-10 2024-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 432,834 57,314 15.26 10 11.11 0.0153
2024-10-18 2024-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 375,520 -58,327 -13.44 9 -10.00 0.0139
2024-07-31 2024-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 433,847 -15,457 -3.44 10 0.00 0.0165
2024-04-29 2024-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 449,304 277,685 161.80 11 233.33 0.0177
2024-02-06 2023-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 171,619 31,144 22.17 4 0.00 0.0073
2023-10-23 2023-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 140,475 7,445 5.60 3 50.00 0.0065
2023-08-10 2023-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 133,030 -1,421 -1.06 3 0.00 0.0060
2023-05-11 2023-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 134,451 -3,624 -2.62 3 -33.33 0.0063
2023-02-07 2022-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 138,075 -114,388 -45.31 3 -99.95 0.0074
2022-11-14 2022-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 252,463 110,134 77.38 5,528 75.05 0.0142
2022-07-19 2022-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 142,329 -5,424 -3.67 3,158 -12.55 0.0082
2022-05-04 2022-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 147,753 18,001 13.87 3,611 7.37 0.0083
2022-01-31 2021-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 129,752 25,041 23.91 3,363 22.51 0.0076
2021-10-29 2021-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 104,711 7,709 7.95 2,745 7.60 0.0069
2021-08-11 2021-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 97,002 19,989 25.96 2,551 28.19 0.0065
2021-05-04 2021-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 77,013 9,571 14.19 1,990 13.71 0.0056
2021-02-11 2020-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 67,442 2,803 4.34 1,750 9.99 0.0053
2020-11-05 2020-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 64,639 5,748 9.76 1,591 15.37 0.0054
2020-08-12 2020-06-30 13F INVESCO EXCHANGE-TRADED FD T VAR RATE PFD 46138G870 58,891 -3,031 -4.89 1,379 3.84 0.0052
2020-05-11 2020-03-31 13F INVESCO EXCHANGE-TRADED FD T VAR RATE PFD 46138G870 61,922 3 0.00 1,328 -16.95 0.0062
2020-02-05 2019-12-31 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 61,919 1,303 2.15 1,599 3.83 0.0061
2019-10-30 2019-09-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 60,616 4,380 7.79 1,540 9.92 0.0066
2019-07-19 2019-06-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 56,236 -1,243 -2.16 1,401 -0.78 0.0062
2019-05-13 2019-03-31 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 57,479 -2,448 -4.08 1,412 3.29 0.0065
2019-02-11 2018-12-31 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 59,927 998 1.69 1,367 -6.75 0.0073
2018-11-06 2018-09-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 58,929 -10,966 -15.69 1,466 -15.60 0.0070
2018-07-31 2018-06-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 69,895 69,895 1,737 0.0091
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.