[SCHEDULE 13G/A] Invesco MSCI North America Climate ETF SEC Filing

Rhea-AI Filing Summary

The Bank of New York Mellon Corporation and certain subsidiaries report holding 1,031,098 shares of the Invesco S&P International Developed Low Volatility ETF, representing 10.6% of the class. The Schedule 13G/A shows ownership split among reporting persons: Bank of New York Mellon Corp (1,031,098 aggregate), BNY Mellon IHC, LLC, MBC Investments Corp and BNY Mellon Advisors, Inc. with similar totals and specified voting and dispositive power figures. All securities are held in various fiduciary capacities; the filers state the holdings were acquired in the ordinary course of business and not to influence control.

Positive

• 10.6% disclosure provides clear, material transparency about beneficial ownership
• Holdings reported as fiduciary, indicating the position is held in clients' or accounts' interests rather than for BNY Mellon’s own control
• Detailed voting and dispositive power breakdown across entities improves clarity on who can vote and dispose of shares

Negative

• None.

Insights

Financial Analyst

TL;DR: BNY Mellon and affiliates hold a significant passive stake (10.6%) in the Invesco ETF; position appears fiduciary and non-control.

The filing quantifies a meaningful ownership position of 1,031,098 shares representing 10.6% of the class. Reported allocations show sole voting power concentrated in BNY Mellon entities while dispositive power is shared across subsidiaries, consistent with custody and advisory arrangements. The certification that holdings are in the ordinary course and not for control indicates a passive, fiduciary role rather than an activist stake. For investors, this signals concentration by a large custodian/adviser but no change to issuer governance is indicated by this filing.

Corporate Governance Expert

TL;DR: A 10.6% stake by BNY Mellon affiliates is material but classified as fiduciary and non-control, reducing governance concern.

The Schedule 13G/A discloses separate reporting by parent and subsidiaries with details on sole and shared voting/dispositive power: e.g., 1,026,706 sole voting power listed for Bank of New York Mellon Corp and aggregate percent at 10.6%. The explicit statement that securities are held in fiduciary capacities and not to influence control is the key governance take-away. No group formation or intent to change control is asserted, and no additional parties holding >5% are identified.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 6)

Invesco Exchange-Traded Fund Trust II

(Name of Issuer)

Invesco S&P International Developed Low Volatility ETF

(Title of Class of Securities)

46138E230

(CUSIP Number)

08/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 46138E230

1

Names of Reporting Persons

Bank of New York Mellon Corp

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,026,706.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2.00
8	Shared Dispositive Power 1,031,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,031,098.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.6 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 46138E230

1

Names of Reporting Persons

BNY Mellon IHC, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,026,704.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,031,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,031,096.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.6 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 46138E230

1

Names of Reporting Persons

MBC Investments Corp

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,026,704.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,031,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,031,096.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.6 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP No. 46138E230

1

Names of Reporting Persons

BNY Mellon Advisors, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,026,704.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,031,096.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,031,096.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Invesco Exchange-Traded Fund Trust II
(b)	Address of issuer's principal executive offices: 3500 LACEY ROAD, DOWNERS GROVE, ILLINOIS, 60515.
Item 2.
(a)	Name of person filing: The Bank of New York Mellon Corporation
(b)	Address or principal business office or, if none, residence: 240 Greenwich Street New York, New York 10286
(c)	Citizenship: See cover page
(d)	Title of class of securities: Invesco S&P International Developed Low Volatility ETF
(e)	CUSIP No.: 46138E230
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Item 5 through 9 and 11 of cover page(s) as to each reporting person. The filing of this Schedule 13G shall not be construed as an admission that The Bank of New York Mellon Corporation, or its direct or indirect subsidiaries, including The Bank of New York Mellon and BNY Mellon, National Association, are for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owners of any securities covered by this Schedule 13G.
(b)	Percent of class: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
	(ii) Shared power to vote or to direct the vote: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
	(iii) Sole power to dispose or to direct the disposition of: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
	(iv) Shared power to dispose or to direct the disposition of: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. All of the securities are beneficially owned by The Bank of New York Mellon Corporation and its direct or indirect subsidiaries in their various fiduciary capacities. As a result, another entity in every instance is entitled to dividends or proceeds of sale. No one other person's interest in the securities reported herein is more than 5%
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit I.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

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.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Bank of New York Mellon Corp

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/05/2025

BNY Mellon IHC, LLC

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/05/2025

MBC Investments Corp

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/05/2025

BNY Mellon Advisors, Inc.

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/05/2025

FAQ

Who filed the Schedule 13G/A for KLMN?

The filing was made by The Bank of New York Mellon Corporation and certain subsidiaries including BNY Mellon IHC, LLC, MBC Investments Corp and BNY Mellon Advisors, Inc.

How many shares and what percentage of the class does BNY Mellon report owning?

The filers report an aggregate of 1,031,098 shares, representing 10.6% of the class.

On what date does the Schedule 13G/A report the event?

The Date of Event requiring this filing is 08/31/2025; signatures on the filing are dated 09/05/2025.

Are the holdings intended to influence control of the issuer?

No. The filers certify the securities are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

How is voting and dispositive power allocated among the reporting persons?

Examples reported include Bank of New York Mellon Corp with 1,026,706 sole voting power and aggregate shared dispositive power figures of 1,031,096 across subsidiaries.