The PNC Financial Services Group, Inc. filed an amendment to a Schedule 13G/A reporting 9,822,149 shares of Invesco China Technology ETF as beneficially owned, representing 18.01% of the class as of 03/31/2026. The filing states that most shares are held in fiduciary accounts across PNC entities.
The report lists voting and dispositive powers: sole voting power 9,792,897, sole dispositive power 9,424,886, and identifies PNC Bank, National Association, PNC Delaware Trust Company, PNC Ohio Trust Company, and PNC Wealth Management LLC as the subsidiaries holding the shares in fiduciary capacities. The form is signed on 05/08/2026.
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Insights
Large passive/fiduciary holding reported: 9.82M shares (18.01%).
The filing shows 9,822,149 shares beneficially owned, equal to 18.01% of Invesco China Technology ETF as of 03/31/2026. The stated position is held across PNC fiduciary entities, which is typical for bank trust and wealth-management custody arrangements.
Impact depends on client-directed activity; subsequent filings would show any changes. The cash-flow treatment is not specified in the excerpt.
Fiduciary account disclosure and power breakdown are detailed.
The schedule itemizes voting and dispositive powers: sole voting power 9,792,897, sole dispositive power 9,424,886, and shared dispositive power 396,962. It also names PNC Bank and trust subsidiaries as holders in a fiduciary capacity.
These classifications matter for regulatory reporting and control analysis; any change in classification or disposition would appear in later amendments or transaction filings.
Key Figures
Beneficial ownership:9,822,149 sharesPercent of class:18.01%Sole voting power:9,792,897 shares+6 more
9 metrics
Beneficial ownership9,822,149 sharesas of 03/31/2026
Percent of class18.01%Invesco China Technology ETF
Sole voting power9,792,897 sharesreported voting power
Sole dispositive power9,424,886 sharesreported dispositive power
Shared dispositive power396,962 sharesreported shared dispositive power
Held at PNC Bank fiduciary accounts9,754,201 sharesaccounts at PNC Bank, National Association
Held at PNC Delaware Trust33,654 sharesaccounts at PNC Delaware Trust Company
Held at PNC Ohio Trust34,152 sharesaccounts at PNC Ohio Trust Company
Held at PNC Wealth Management142 sharesaccounts at PNC Wealth Management LLC
Key Terms
beneficially owned, sole dispositive power, fiduciary capacity
3 terms
beneficially ownedregulatory
"Amount beneficially owned: 9,822,149 (b) Percent of class: 18.01 %"
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
"Sole power to dispose or to direct the disposition of: 9,424,886"
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 capacityregulatory
"are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients"
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Invesco China Technology ETF
(Name of Issuer)
Exchange-Traded Fund
(Title of Class of Securities)
46138E800
(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):
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
9,792,897.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
9,424,886.00
8
Shared Dispositive Power
396,962.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
9,822,149.00
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)
18.01 %
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:
9,822,149
(b)
Percent of class:
18.01 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
9,792,897
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
9,424,886
(iv) Shared power to dispose or to direct the disposition of:
396,962
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
PNC Wealth Management LLC - BD
Of the total fund shares reported herein, 9,754,201 are held in accounts at PNC Bank, National Association in a fiduciary capacity for clients.
Of the total fund shares reported herein, 33,654 are held in accounts at PNC Delaware Trust Company in a fiduciary capacity for clients.
Of the total fund shares reported herein, 34,152 are held in accounts at PNC Ohio Trust Company in a fiduciary capacity for clients.
Of the total fund shares reported herein, 142 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 China Technology ETF (PNC)?
PNC reports beneficial ownership of 9,822,149 shares, representing 18.01% of the class as of 03/31/2026. The filing is an amended Schedule 13G/A signed on 05/08/2026.
How are the PNC-held shares held according to the Schedule 13G/A?
The filing states the shares are held in fiduciary accounts at PNC Bank, PNC Delaware Trust, PNC Ohio Trust, and PNC Wealth Management LLC, representing client-held positions across these entities.
What voting and dispositive powers does PNC report for these shares?
The report lists sole voting power 9,792,897, sole dispositive power 9,424,886, and shared dispositive power 396,962 for the reported holdings in the ETF.
Does the filing state who receives proceeds if shares are sold?
The excerpt does not specify proceeds recipients. It identifies the holdings as held in fiduciary accounts by PNC entities but does not describe cash-flow treatment or beneficiary details.
Which PNC subsidiaries are identified as holding the ETF shares?
The filing names PNC Bank, National Association, PNC Delaware Trust Company, PNC Ohio Trust Company, and PNC Wealth Management LLC as the subsidiaries holding shares in fiduciary capacities.