PNC (NYSE: PNC) reports 14.76% holding in Invesco China Technology ETF

Rhea-AI Filing Summary

The PNC Financial Services Group, Inc. has filed Amendment No. 1 to a Schedule 13G reporting beneficial ownership of 14.76% of the Invesco China Technology ETF, based on an event date of December 31, 2025.

The filing classifies PNC as a parent holding company and indicates that the securities are held in the ordinary course of business, not to change or influence control of the ETF. Most shares are held in fiduciary accounts at PNC Bank, National Association, with additional holdings at PNC Delaware Trust Company and PNC Ohio Trust Company, all for clients’ benefit.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Invesco China Technology ETF

(Name of Issuer)

Exchange-Traded Fund

(Title of Class of Securities)

46138E800

(CUSIP Number)

12/31/2025

(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. 46138E800

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 7,954,101.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 7,645,593.00
8	Shared Dispositive Power 331,012.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

7,967,906.00

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)

14.76 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Invesco China Technology 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.: 46138E800
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: 7,976,906
(b)	Percent of class: 14.76 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 7,954,101
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 7,645,593
	(iv) Shared power to dispose or to direct the disposition of: 331,012
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
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 Delaware Trust Company - BK PNC Ohio Trust Company - BK Of the total fund shares reported herein, 7,930,224 are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients. Of the total fund shares reported herein, 24,866 are held in accounts at PNC Delaware Trust Company in a fiduciary capacity for clients. Of the total fund shares reported herein, 21,816 are held in accounts at PNC Ohio Trust Company 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.

The PNC Financial Services Group, Inc.

Signature:	/s/ Gregory H. Kozich
Name/Title:	Senior Vice President & Controller
Date:	02/06/2026

FAQ

What stake does PNC (PNC) report in Invesco China Technology ETF?

PNC reports beneficial ownership of 14.76% of the Invesco China Technology ETF. This position is disclosed in an amended Schedule 13G and reflects holdings as of December 31, 2025, largely in fiduciary accounts managed by PNC-affiliated trust and banking entities for clients.

Is PNC seeking to influence control of Invesco China Technology ETF?

PNC states the ETF shares were acquired and are held in the ordinary course of business, not to change or influence control. The certification explicitly disclaims any intent to participate in transactions aimed at controlling the issuer, aside from activities tied to proxy nomination rules.

How are the Invesco China Technology ETF shares held within PNC entities?

Most ETF shares are held in a fiduciary capacity for clients. PNC Bank, National Association, PNC Delaware Trust Company, and PNC Ohio Trust Company each hold portions of the position in client accounts, reflecting PNC’s role as a trust and investment fiduciary rather than a proprietary trader.

What type of SEC filing did PNC submit for its Invesco China Technology ETF position?

PNC submitted Amendment No. 1 to a Schedule 13G, the form typically used for passive ownership disclosures above 5%. This amendment updates prior information about PNC’s beneficial ownership in the Invesco China Technology ETF as of the specified event date.

Who signed PNC’s Schedule 13G/A related to Invesco China Technology ETF?

The filing was signed by Gregory H. Kozich, Senior Vice President & Controller of PNC. His signature certifies, after reasonable inquiry, that the information reported about PNC’s beneficial ownership and control intentions regarding the Invesco China Technology ETF is true, complete, and correct.