<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001085146-25-001887</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: NEW YORK LIFE INVESTMENT MANAGEMENT LLC -->
          <cik>0001133639</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>3</amendmentNo>
      <securitiesClassTitle>Invesco S&amp;P SmallCap Quality ETF</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>08/29/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001378872</issuerCik>
        <issuerName>Invesco Exchange-Traded Fund Trust II</issuerName>
        <issuerCusip>46138G300</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <com:street1>3500 LACEY ROAD</com:street1>
          <com:street2>SUITE 700</com:street2>
          <com:city>DOWNERS GROVE</com:city>
          <com:stateOrCountry>IL</com:stateOrCountry>
          <com:zipCode>60515</com:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>New York Life Investment Management LLC</reportingPersonName>
      <citizenshipOrOrganization>NY</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>0.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>0.00</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0</classPercent>
      <typeOfReportingPerson>IA</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Invesco Exchange-Traded Fund Trust II</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>3500 LACEY ROAD, SUITE 700, DOWNERS GROVE, ILLINOIS 60515</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>New York Life Investment Management LLC</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>51 MADISON AVE
New York, New York
10010</principalBusinessOfficeOrResidenceAddress>
        <citizenship>New York Life Investment Management LLC - NEW YORK</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>IA</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>0</amountBeneficiallyOwned>
        <classPercent>0</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>New York Life Investment Management LLC - 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>New York Life Investment Management LLC - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>New York Life Investment Management LLC - 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>New York Life Investment Management LLC - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>New York Life Investment Management LLC</reportingPersonName>
      <signatureDetails>
        <signature>/s/ Paul Vengrow</signature>
        <title>Paul Vengrow, Corporate Vice President</title>
        <date>09/03/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
