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        <name>Organogenesis Holdings Inc.</name>
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        <name>CONMED Corp.</name>
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      <invstOrSec>
        <name>BioLife Solutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OptimizeRx Corp.</name>
        <lei>N/A</lei>
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        <name>Amphastar Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vir Biotechnology, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Artivion, Inc.</name>
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      <invstOrSec>
        <name>AdaptHealth Corp.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Supernus Pharmaceuticals, Inc.</name>
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        <name>ANI Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Corcept Therapeutics Inc.</name>
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        <name>Avid Bioservices, Inc.</name>
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        <name>Covetrus, Inc.</name>
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        <name>LeMaitre Vascular, Inc.</name>
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        <name>Cara Therapeutics, Inc.</name>
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        <name>Zynex, Inc.</name>
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        <name>NeoGenomics, Inc.</name>
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        <name>Prestige Consumer Healthcare Inc.</name>
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        <name>Select Medical Holdings Corp.</name>
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        <name>Glaukos Corp.</name>
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        <name>Innoviva, Inc.</name>
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        <name>The Joint Corp.</name>
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        <name>iTeos Therapeutics, Inc.</name>
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        <name>Anika Therapeutics, Inc.</name>
        <lei>529900R9LS3Z0O6QH455</lei>
        <title>Anika Therapeutics, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>NextGen Healthcare, Inc.</name>
        <lei>N/A</lei>
        <title>NextGen Healthcare, Inc.</title>
        <cusip>65343C102</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ZimVie Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vericel Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Harmony Biosciences Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Emergent BioSolutions Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cutera, Inc.</name>
        <lei>529900NPKPEWJWR21Z42</lei>
        <title>Cutera, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pediatrix Medical Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dynavax Technologies Corp.</name>
        <lei>549300T5URIXWDILX594</lei>
        <title>Dynavax Technologies Corp.</title>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AngioDynamics, Inc.</name>
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        <title>AngioDynamics, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Embecta Corp.</name>
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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>Owens &amp; Minor, Inc.</name>
        <lei>549300LMT5KQQXCEZ733</lei>
        <title>Owens &amp; Minor, Inc.</title>
        <cusip>690732102</cusip>
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          <isin value="US6907321029"/>
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        <balance>240007.00000000</balance>
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        <valUSD>7082606.57000000</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="7045017.90000000"/>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-09-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Invesco Exchange-Traded Fund Trust II</ncom:nameOfApplicant>
      <ncom:signature>Sheri Morris</ncom:signature>
      <ncom:signerName>Sheri Morris</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
