The PNC Financial Services Group, Inc. reports beneficial ownership of 1,194,055 shares of Invesco Short Term Treasury ETF, representing 4.18% of the class as disclosed in Amendment No. 3.
The filing shows sole voting power on 1,193,283 shares, sole dispositive power on 1,130,900 shares and shared dispositive power on 63,155 shares. The filing attributes holdings to fiduciary accounts at PNC Bank (1,193,283), PNC Ohio Trust Company (1,500) and PNC Wealth Management LLC (772). Signature date: 05/08/2026.
Positive
None.
Negative
None.
Insights
Large fiduciary stake reported by PNC with voting and dispositive power breakdown.
The PNC Financial Services Group, Inc. reports beneficial ownership of 1,194,055 shares (4.18%) of Invesco Short Term Treasury ETF. The filing lists precise voting and disposition counts, showing near-complete sole voting power and mostly sole dispositive power.
The shareholdings are held in fiduciary accounts across three PNC entities with the majority at PNC Bank, National Association. This is an ownership disclosure; cash-flow treatment and trading intent are not disclosed in the excerpt.
Key Figures
Beneficial ownership:1,194,055 sharesPercent of class:4.18%Sole voting power:1,193,283 shares+4 more
7 metrics
Beneficial ownership1,194,055 sharesAmendment No. 3 filing for Invesco Short Term Treasury ETF
Percent of class4.18%Percent of class beneficially owned as reported
Sole voting power1,193,283 sharesNumber with sole power to vote or direct vote
Sole dispositive power1,130,900 sharesNumber with sole power to dispose or direct disposition
Shared dispositive power63,155 sharesNumber with shared power to dispose or direct disposition
Fiduciary holdings at PNC Bank1,193,283 sharesHeld in fiduciary accounts at PNC Bank, National Association
Filing signature date05/08/2026Signature date on the schedule
Key Terms
Schedule 13G/A, Beneficially owned, Sole dispositive power, Fiduciary capacity
4 terms
Schedule 13G/Aregulatory
"Amendment No. 3 ) Invesco Short Term Treasury ETF Exchange-Traded Fund"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive powerregulatory
"7 | Sole Dispositive Power 1,130,900.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Fiduciary capacityother
"are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Invesco Short Term Treasury ETF
(Name of Issuer)
Exchange-Traded Fund
(Title of Class of Securities)
46138G888
(CUSIP Number)
03/31/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
46138G888
1
Names of Reporting Persons
The PNC Financial Services Group, 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
PENNSYLVANIA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
1,193,283.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
1,130,900.00
8
Shared Dispositive Power
63,155.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,194,055.00
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)
4.18 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Invesco Short Term Treasury ETF
(b)
Address of issuer's principal executive offices:
c/o Invesco Exchange-Traded Fund Trust II, 3500 Lacey Road, Suite 700, Downers Grove, IL 60515
Item 2.
(a)
Name of person filing:
The PNC Financial Services Group, Inc.
(b)
Address or principal business office or, if none, residence:
300 Fifth Avenue, Pittsburgh, PA 15222-2401
(c)
Citizenship:
Pennsylvania
(d)
Title of class of securities:
Exchange-Traded Fund
(e)
CUSIP No.:
46138G888
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:
1,194,055
(b)
Percent of class:
4.18 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
1,193,283
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
1,130,900
(iv) Shared power to dispose or to direct the disposition of:
63,155
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
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.
PNC Bank, National Association - BK
PNC Ohio Trust Company - BK
PNC Wealth Management LLC - BD
Of the total fund shares reported herein, 1,193,283 are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients.
Of the total fund shares reported herein, 1,500 are held in accounts at PNC Ohio Trust Company in a fiduciary capacity for clients.
Of the total fund shares reported herein, 772 are held in accounts at PNC Wealth Management LLC in a fiduciary capacity for clients.
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.
What stake does PNC report in Invesco Short Term Treasury ETF (PNC)?
PNC reports beneficial ownership of 1,194,055 shares, equal to 4.18% of the class. The filing is Amendment No. 3 and is signed on 05/08/2026.
How much voting power does PNC hold in the ETF?
PNC reports sole voting power over 1,193,283 shares and shared voting power of 0 shares, as disclosed in the schedule.
How are the reported shares distributed among PNC entities?
The filing states 1,193,283 shares held at PNC Bank, National Association, 1,500 at PNC Ohio Trust Company, and 772 at PNC Wealth Management LLC, all held in fiduciary capacities.
Does the filing show PNC plans to sell or buy shares?
The schedule discloses ownership quantities and power breakdowns only; it does not state any planned purchases or sales or describe cash-flow treatment in the provided excerpt.
What is the title and CUSIP of the issuer in this filing?
The issuer is Invesco Short Term Treasury ETF with CUSIP 46138G888, as listed in Item 1 of the filing.
