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      <invstOrSec>
        <name>Insmed Inc.</name>
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      <invstOrSec>
        <name>Northrim BanCorp, Inc.</name>
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        <name>Q2 Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cavco Industries, Inc.</name>
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        <name>Universal Stainless &amp; Alloy Products, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Harrow, Inc.</name>
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        <name>Gannett Co., Inc.</name>
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        <name>Kirby Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Corcept Therapeutics Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Sezzle Inc.</name>
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        <title>Sezzle Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Brookdale Senior Living Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Modine Manufacturing Co.</name>
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        <title>Modine Manufacturing Co.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Moog Inc.</name>
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        <title>Moog Inc., Class A</title>
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        <name>Barrett Business Services, Inc.</name>
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        <name>Donnelley Financial Solutions, Inc.</name>
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        <name>FTAI Aviation Ltd.</name>
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        <name>Primoris Services Corp.</name>
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        <title>Primoris Services Corp.</title>
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        <name>Cava Group Inc.</name>
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        <name>Construction Partners, Inc.</name>
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        <name>Willdan Group, Inc.</name>
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        <name>Axsome Therapeutics, Inc.</name>
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        <name>Varonis Systems, Inc.</name>
        <lei>549300SHIVNRRH7STS26</lei>
        <title>Varonis Systems, Inc.</title>
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        <name>Sylvamo Corp.</name>
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        <title>Sylvamo Corp.</title>
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        <name>ReposiTrak, Inc.</name>
        <lei>5299008X1VJFCKZ94E34</lei>
        <title>ReposiTrak, Inc.</title>
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      <invstOrSec>
        <name>Pitney Bowes Inc.</name>
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      <invstOrSec>
        <name>Bel Fuse Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>G-III Apparel Group, Ltd.</name>
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        <name>Vertex, Inc.</name>
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        <name>Patrick Industries Inc.</name>
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      <invstOrSec>
        <name>SiriusPoint Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Alkami Technology, Inc.</name>
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        <name>Avid Bioservices, Inc.</name>
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        <name>Mistras Group, Inc.</name>
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        <name>National CineMedia, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SkyWest, Inc.</name>
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        <name>Tandem Diabetes Care, Inc.</name>
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        <name>Axogen, Inc.</name>
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        <name>Carvana Co.</name>
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        <name>Praxis Precision Medicines, Inc.</name>
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        <name>Allison Transmission Holdings, Inc.</name>
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        <name>Phathom Pharmaceuticals, Inc.</name>
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        <name>Nuvalent, Inc.</name>
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        <name>Miller Industries, Inc.</name>
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        <name>KB Home</name>
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        <name>Redwire Corp.</name>
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        <name>Merit Medical Systems, Inc.</name>
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        <name>Rocket Cos., Inc.</name>
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        <name>Zeta Global Holdings Corp.</name>
        <lei>2549008P9XSJQHGQ9S27</lei>
        <title>Zeta Global Holdings Corp., Class A</title>
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        <name>Pennant Group, Inc. (The)</name>
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        <name>BGC Group, Inc.</name>
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        <name>UFP Technologies, Inc.</name>
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        <name>REV Group, Inc.</name>
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      <invstOrSec>
        <name>Dream Finders Homes, Inc.</name>
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        <name>Avidity Biosciences, Inc.</name>
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        <name>Green Brick Partners, Inc.</name>
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        <name>InterDigital, Inc.</name>
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      <invstOrSec>
        <name>CNX Resources Corp.</name>
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        <name>Latham Group, Inc.</name>
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        <name>SL Green Realty Corp.</name>
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        <name>Perella Weinberg Partners</name>
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        <name>Piper Sandler Cos.</name>
        <lei>QUQDBTUSOAKFEVMRMF78</lei>
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        <name>Impinj, Inc.</name>
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        <name>StoneX Group Inc.</name>
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        <name>CommScope Holding Co., Inc.</name>
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        <name>ACV Auctions Inc.</name>
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        <name>Esquire Financial Holdings, Inc.</name>
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        <name>M/I Homes, Inc.</name>
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        <name>RxSight, Inc.</name>
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        <name>Aldeyra Therapeutics, Inc.</name>
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        <name>Children's Place, Inc. (The)</name>
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        <name>Amalgamated Financial Corp.</name>
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        <name>Pathward Financial, Inc.</name>
        <lei>5493004X52BH1NBLW813</lei>
        <title>Pathward Financial, Inc.</title>
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      <invstOrSec>
        <name>Travere Therapeutics, Inc.</name>
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      <invstOrSec>
        <name>Leonardo DRS, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Freshpet, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Group 1 Automotive, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Krystal Biotech, Inc.</name>
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        <name>First Internet Bancorp</name>
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        <name>Bancorp, Inc. (The)</name>
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        <name>Universal Technical Institute, Inc.</name>
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      <invstOrSec>
        <name>Rigel Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>SPX Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Merchants Bancorp</name>
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        <title>Merchants Bancorp</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>IGM Biosciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Soleno Therapeutics, Inc.</name>
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        <title>Soleno Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Boot Barn Holdings, Inc.</name>
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        <title>Boot Barn Holdings, Inc.</title>
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        <name>Applied Therapeutics, Inc.</name>
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        <name>Ocular Therapeutix, Inc.</name>
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        <name>Federal Signal Corp.</name>
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        <name>RadNet, Inc.</name>
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        <name>ATI Inc.</name>
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        <title>ATI Inc.</title>
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        <name>Net Lease Office Properties</name>
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        <name>Louisiana-Pacific Corp.</name>
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        <name>MGIC Investment Corp.</name>
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        <title>MGIC Investment Corp.</title>
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        <name>MediaAlpha, Inc.</name>
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        <name>Bioventus Inc.</name>
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        <title>Bioventus Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <name>Vornado Realty Trust</name>
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        <name>Archrock, Inc.</name>
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      <invstOrSec>
        <name>Immunome, Inc.</name>
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        <name>VSE Corp.</name>
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        <name>Heritage Insurance Holdings, Inc.</name>
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        <name>Baldwin Insurance Group, Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Astria Therapeutics, Inc.</name>
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        <name>AvePoint, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>LendingTree, Inc.</name>
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      <invstOrSec>
        <name>CECO Environmental Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tri Pointe Homes, Inc.</name>
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        <name>Northeast Community Bancorp, Inc.</name>
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        <name>Crinetics Pharmaceuticals, Inc.</name>
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        <name>Northeast Bank</name>
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        <name>Ryder System, Inc.</name>
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        <name>Invesco Private Prime Fund</name>
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        <name>WisdomTree, Inc.</name>
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      <invstOrSec>
        <name>EnPro Inc.</name>
        <lei>549300Y5CFT2LKCFDN54</lei>
        <title>EnPro Inc.</title>
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          <isin value="US29355X1072"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Weave Communications, Inc.</name>
        <lei>N/A</lei>
        <title>Weave Communications, Inc.</title>
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          <isin value="US94724R1086"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AeroVironment, Inc.</name>
        <lei>529900PGHVI29YLZ6221</lei>
        <title>AeroVironment, Inc.</title>
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          <isin value="US0080731088"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Semtech Corp.</name>
        <lei>549300J7WUY317SW6O61</lei>
        <title>Semtech Corp.</title>
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          <isin value="US8168501018"/>
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        <balance>82607.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Perdoceo Education Corp.</name>
        <lei>529900X5PCA184O9LY90</lei>
        <title>Perdoceo Education Corp.</title>
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          <isin value="US71363P1066"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PureCycle Technologies, Inc.</name>
        <lei>N/A</lei>
        <title>PureCycle Technologies, Inc.</title>
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          <isin value="US74623V1035"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hawkins, Inc.</name>
        <lei>549300VL3IJ23OWX1Y34</lei>
        <title>Hawkins, Inc.</title>
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          <isin value="US4202611095"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United States Lime &amp; Minerals, Inc.</name>
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        <title>United States Lime &amp; Minerals, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kontoor Brands, Inc.</name>
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        <title>Kontoor Brands, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADMA Biologics, Inc.</name>
        <lei>N/A</lei>
        <title>ADMA Biologics, Inc.</title>
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          <isin value="US0008991046"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hamilton Beach Brands Holding Co.</name>
        <lei>N/A</lei>
        <title>Hamilton Beach Brands Holding Co., Class A</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Enova International, Inc.</name>
        <lei>549300O8XOCQSB49UO63</lei>
        <title>Enova International, Inc.</title>
        <cusip>29357K103</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rayonier Advanced Materials Inc.</name>
        <lei>54930053QJ7OUGZG4F72</lei>
        <title>Rayonier Advanced Materials Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>CSW Industrials, Inc.</name>
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        <name>Rush Enterprises, Inc.</name>
        <lei>529900V3XHTN7A6DFT17</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Sunnova Energy International Inc.</name>
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        <name>Landsea Homes Corp.</name>
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        <title>Landsea Homes Corp.</title>
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        <name>Mayville Engineering Co., Inc.</name>
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        <name>Dycom Industries, Inc.</name>
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        <name>Acushnet Holdings Corp.</name>
        <lei>529900W5FI106H543E43</lei>
        <title>Acushnet Holdings Corp.</title>
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        <name>Kinetik Holdings Inc.</name>
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        <name>Sera Prognostics, Inc.</name>
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        <name>Crane NXT, Co.</name>
        <lei>549300EXNPSXEWUD3N21</lei>
        <title>Crane NXT, Co.</title>
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        <invCountry>US</invCountry>
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        <name>Tutor Perini Corp.</name>
        <lei>549300FHXYVPW8LJ6D98</lei>
        <title>Tutor Perini Corp.</title>
        <cusip>901109108</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Argan, Inc.</name>
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      <invstOrSec>
        <name>Huron Consulting Group Inc.</name>
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      <invstOrSec>
        <name>Natural Grocers by Vitamin Cottage, Inc.</name>
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      <invstOrSec>
        <name>Telephone and Data Systems, Inc.</name>
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      <invstOrSec>
        <name>CorVel Corp.</name>
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        <name>ePlus inc.</name>
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      <invstOrSec>
        <name>Apogee Therapeutics, Inc.</name>
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        <name>Standex International Corp.</name>
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        <name>Newmark Group, Inc.</name>
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        <name>Twist Bioscience Corp.</name>
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        <name>Carpenter Technology Corp.</name>
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        <name>BrightSphere Investment Group Inc.</name>
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        <name>LeMaitre Vascular, Inc.</name>
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        <name>Rhythm Pharmaceuticals, Inc.</name>
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        <name>Procept Biorobotics Corp.</name>
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        <name>Agilysys, Inc.</name>
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        <name>Limbach Holdings, Inc.</name>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <name>TG Therapeutics, Inc.</name>
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        <name>Apogee Enterprises, Inc.</name>
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        <name>Glaukos Corp.</name>
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        <name>Aurora Innovation, Inc.</name>
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        <name>American Superconductor Corp.</name>
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        <name>Champion Homes, Inc.</name>
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      <invstOrSec>
        <name>Sterling Infrastructure, Inc.</name>
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      <invstOrSec>
        <name>Oscar Health, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Coeur Mining, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ryan Specialty Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UWM Holdings Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Redfin Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Invesco Private Government Fund</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Sprouts Farmers Market, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cogent Biosciences, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alignment Healthcare, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rush Street Interactive, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Federal Agricultural Mortgage Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>OFG Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Badger Meter, Inc.</name>
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        <name>ICF International, Inc.</name>
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        <name>Protagonist Therapeutics, Inc.</name>
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        <name>Amneal Pharmaceuticals, Inc.</name>
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        <name>Distribution Solutions Group, Inc.</name>
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        <name>Granite Construction Inc.</name>
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        <name>Victory Capital Holdings, Inc.</name>
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        <name>Cassava Sciences, Inc.</name>
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        <name>Cabot Corp.</name>
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        <name>Coastal Financial Corp.</name>
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        <title>Coastal Financial Corp.</title>
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        <name>Nurix Therapeutics, Inc.</name>
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        <title>Nurix Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
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      </invstOrSec>
      <invstOrSec>
        <name>Spyre Therapeutics, Inc.</name>
        <lei>52990017AIJPRH3HQH40</lei>
        <title>Spyre Therapeutics, Inc.</title>
        <cusip>00773J202</cusip>
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          <isin value="US00773J2024"/>
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        <balance>125085.00000000</balance>
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        <valUSD>3556166.55000000</valUSD>
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        <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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1673352.75000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Byrna Technologies Inc.</name>
        <lei>N/A</lei>
        <title>Byrna Technologies Inc.</title>
        <cusip>12448X201</cusip>
        <identifiers>
          <isin value="US12448X2018"/>
        </identifiers>
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        <curCd>USD</curCd>
        <valUSD>7860293.21000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="6837711.75000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tanger Inc.</name>
        <lei>UKEW8YSXE4Y581KYOL30</lei>
        <title>Tanger Inc.</title>
        <cusip>875465106</cusip>
        <identifiers>
          <isin value="US8754651060"/>
        </identifiers>
        <balance>140173.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5182195.81000000</valUSD>
        <pctVal>0.465321689347</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>
      <invstOrSec>
        <name>Aveanna Healthcare Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Aveanna Healthcare Holdings Inc.</title>
        <cusip>05356F105</cusip>
        <identifiers>
          <isin value="US05356F1057"/>
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        <balance>690753.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4013274.93000000</valUSD>
        <pctVal>0.360361502867</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="268956.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mueller Industries, Inc.</name>
        <lei>5493005IZFE4VJLLYG84</lei>
        <title>Mueller Industries, Inc.</title>
        <cusip>624756102</cusip>
        <identifiers>
          <isin value="US6247561029"/>
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        <balance>69555.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5617957.35000000</valUSD>
        <pctVal>0.504449754627</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>
      <invstOrSec>
        <name>Kymera Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Kymera Therapeutics, Inc.</title>
        <cusip>501575104</cusip>
        <identifiers>
          <isin value="US5015751044"/>
        </identifiers>
        <balance>82445.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3862548.25000000</valUSD>
        <pctVal>0.346827395716</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="2626362.42000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aquestive Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Aquestive Therapeutics, Inc.</title>
        <cusip>03843E104</cusip>
        <identifiers>
          <isin value="US03843E1047"/>
        </identifiers>
        <balance>763199.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3884682.91000000</valUSD>
        <pctVal>0.348814919492</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="3694379.40000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commvault Systems, Inc.</name>
        <lei>65T5VRP62VXG39YFML83</lei>
        <title>Commvault Systems, Inc.</title>
        <cusip>204166102</cusip>
        <identifiers>
          <isin value="US2041661024"/>
        </identifiers>
        <balance>24955.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4282028.45000000</valUSD>
        <pctVal>0.384493520747</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>2024-12-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Invesco Exchange-Traded Fund Trust II</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
