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      <invstOrSec>
        <name>Celsius Holdings, Inc.</name>
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        <name>Skechers U.S.A., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lincoln Electric Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Murphy Oil Corp.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Park Hotels &amp; Resorts Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Arrow Electronics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Civitas Resources, Inc.</name>
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        <name>Penske Automotive Group, Inc.</name>
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        <name>Visteon Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lattice Semiconductor Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ovintiv Inc.</name>
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        <title>Ovintiv Inc.</title>
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        <name>Rambus Inc.</name>
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        <name>EMCOR Group, Inc.</name>
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        <name>KB Home</name>
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        <name>Saia, Inc.</name>
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        <name>Hyatt Hotels Corp.</name>
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        <name>Crocs, Inc.</name>
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        <name>RenaissanceRe Holdings Ltd.</name>
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        <title>RenaissanceRe Holdings Ltd.</title>
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        <name>CNX Resources Corp.</name>
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        <name>Exelixis, Inc.</name>
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        <name>Eagle Materials Inc.</name>
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        <name>Halozyme Therapeutics, Inc.</name>
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        <name>Pilgrim's Pride Corp.</name>
        <lei>549300ZSLGV64ZL3HD75</lei>
        <title>Pilgrim's Pride Corp.</title>
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        <assetCat>EC</assetCat>
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        <name>Roivant Sciences Ltd.</name>
        <lei>549300DL466NY5J6U724</lei>
        <title>Roivant Sciences Ltd.</title>
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        <name>Kinsale Capital Group, Inc.</name>
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      <invstOrSec>
        <name>Chord Energy Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>International Bancshares Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hancock Whitney Corp.</name>
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        <name>East West Bancorp, Inc.</name>
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        <name>Toll Brothers, Inc.</name>
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        <name>Comfort Systems USA, Inc.</name>
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        <name>Valaris Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Terex Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Range Resources Corp.</name>
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        <name>Invesco Private Prime Fund</name>
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        <name>Western Alliance Bancorporation</name>
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        <name>ITT Inc.</name>
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        <name>Lantheus Holdings, Inc.</name>
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        <name>Matador Resources Co.</name>
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        <name>DocuSign, Inc.</name>
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        <name>Permian Resources Corp.</name>
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        <name>Reliance, Inc.</name>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <name>Boyd Gaming Corp.</name>
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        <name>Medpace Holdings, Inc.</name>
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        <name>Harley-Davidson, Inc.</name>
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        <name>Taylor Morrison Home Corp.</name>
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        <title>Taylor Morrison Home Corp., Class A</title>
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        <name>Abercrombie &amp; Fitch Co.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank OZK</name>
        <lei>549300VYK2WBD7SST478</lei>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="4294.00000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>Owens Corning</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Invesco Private Government Fund</name>
        <lei>N/A</lei>
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          <other otherDesc="CADIS_ID" value="2442116"/>
        </identifiers>
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        <issuerCat>PF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="31002233.02000000" isCashCollateral="Y"/>
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      <invstOrSec>
        <name>Murphy USA Inc.</name>
        <lei>549300Y081F8XIKQIO72</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>PVH Corp.</name>
        <lei>123WALMHY1GZXG2YDL90</lei>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Simpson Manufacturing Co., Inc.</name>
        <lei>529900EJUNNL15LZ8056</lei>
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          <isin value="US8290731053"/>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Viper Energy, Inc.</name>
        <lei>5299009LINL232255G03</lei>
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        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mueller Industries, Inc.</name>
        <lei>5493005IZFE4VJLLYG84</lei>
        <title>Mueller Industries, Inc.</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Manhattan Associates, Inc.</name>
        <lei>529900Q1GJP7KD52SW51</lei>
        <title>Manhattan Associates, Inc.</title>
        <cusip>562750109</cusip>
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        <balance>20647.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3662571.33000000</valUSD>
        <pctVal>0.818165105902</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Grand Canyon Education, Inc.</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>Grand Canyon Education, Inc.</title>
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        <valUSD>6480538.84000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Commvault Systems, Inc.</name>
        <lei>65T5VRP62VXG39YFML83</lei>
        <title>Commvault Systems, Inc.</title>
        <cusip>204166102</cusip>
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          <isin value="US2041661024"/>
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        <balance>38880.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6498014.40000000</valUSD>
        <pctVal>1.451561802001</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-05-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Invesco Exchange-Traded Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
