INVESCO EXCH TRD SLF IDX FD
BULSHS 2025 MUNI · CUSIP 46138J528
120
institutional holders
-7 vs Q2 2025
6.5m
shares reported held*
$158.8mreported value*
6 new
26 added
48 reduced
12 sold out
net sold ≈ $20.2m (-824.8k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $24.56.
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 54 |
| Q4 2022 | 68 |
| Q1 2023 | 75 |
| Q2 2023 | 78 |
| Q3 2023 | 81 |
| Q4 2023 | 101 |
| Q1 2024 | 103 |
| Q2 2024 | 115 |
| Q3 2024 | 115 |
| Q4 2024 | 127 |
| Q1 2025 | 132 |
| Q2 2025 | 127 |
| Q3 2025 | 120 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 52 | 27 |
| Q1 2024 | 57 | 31 |
| Q2 2024 | 58 | 36 |
| Q3 2024 | 68 | 32 |
| Q4 2024 | 66 | 30 |
| Q1 2025 | 59 | 54 |
| Q2 2025 | 48 | 62 |
| Q3 2025 | 32 | 60 |
Biggest buyers
| AMERIPRISE FINANCIAL INC | Added | +43.2k |
| Tennessee Valley Asset Management Partners | New | +38.4k |
| Invesco Ltd. | Added | +31.0k |
| TRUIST FINANCIAL CORP | New | +21.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +17.9k |
| Cambridge Financial Group, LLC | New | +15.0k |
| JONES FINANCIAL COMPANIES LLLP | Added | +12.0k |
| Atlantic Union Bankshares Corp | Added | +10.9k |
| Paulson Wealth Management Inc. | Added | +10.6k |
| Asset Dedication, LLC | Added | +9.6k |
Biggest sellers
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -160.3k |
| CENTRAL VALLEY ADVISORS, LLC | Reduced | -157.7k |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | Sold out | -106.6k |
| Reliant Wealth Planning | Sold out | -83.4k |
| Thrivent Financial for Lutherans | Sold out | -70.0k |
| Focus Financial Network, Inc. | Sold out | -58.7k |
| ROYAL BANK OF CANADA | Reduced | -46.1k |
| OSAIC HOLDINGS, INC. | Reduced | -46.1k |
| JANE STREET GROUP, LLC | Reduced | -26.4k |
| LPL Financial LLC | Reduced | -26.3k |
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 635.5k $15.6m | Added +8.1k |
| LPL Financial LLC 0.00% of their portfolio | 405.4k $9.9m | Reduced -26.3k |
| Invesco Ltd. 0.00% of their portfolio | 321.3k $7.9m | Added +31.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 301.4k $7.4m | Reduced -11.0k |
| CWM, LLC 0.02% of their portfolio | 246.0k $6.0m | Reduced -21.9k |
| MORGAN STANLEY 0.00% of their portfolio | 198.8k $4.9m | Reduced -7.9k |
| Atlantic Union Bankshares Corp 0.09% of their portfolio | 191.2k $4.7m | Added +10.9k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 188.1k $4.6m | Reduced -46.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 187.1k $4.6m | Reduced -2.3k |
| Integrated Wealth Concepts LLC 0.04% of their portfolio | 185.9k $4.6m | Reduced -7.8k |
| OneAscent Financial Services LLC 0.29% of their portfolio | 177.9k $4.4m | Reduced -11.3k |
| NewEdge Advisors, LLC 0.02% of their portfolio | 150.0k $3.7m | Added +864 |
| UBS Group AG 0.00% of their portfolio | 149.4k $3.7m | Reduced -10.1k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 140.2k $3.4m | Reduced -8.4k |
| Key Financial Inc 0.63% of their portfolio | 139.8k $3.4m | Reduced -866 |
| Asset Dedication, LLC 0.21% of their portfolio | 126.2k $3.1m | Added +9.6k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 113.3k $2.8m | Reduced -4.6k |
| MONECO ADVISORS, LLC 0.22% of their portfolio | 105.9k $2.6m | Reduced -8.3k |
| Hills Bank & Trust Co 0.13% of their portfolio | 93.1k $2.3m | Reduced -829 |
| Focus Partners Wealth 0.00% of their portfolio | 85.6k $2.1m | Unchanged |
| Aptus Capital Advisors, LLC 0.02% of their portfolio | 82.9k $2.0m | Reduced -4.5k |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 81.5k $2.0m | Reduced -1.9k |
| HighTower Advisors, LLC 0.00% of their portfolio | 76.5k $1.9m | Added +1.5k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 75.1k $1.8m | Reduced -26.4k |
| PRECEDENT WEALTH PARTNERS, LLC 0.38% of their portfolio | 70.1k $1.7m | Reduced -7.0k |
| Resonant Capital Advisors, LLC 0.09% of their portfolio | 60.3k $1.5m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 58.9k $1.4m | Added +43.2k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 53.6k $1.3m | Reduced -13.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 53.3k $1.3m | Reduced -160.3k |
| Paulson Wealth Management Inc. 0.30% of their portfolio | 51.8k $1.3m | Added +10.6k |
| Equitable Holdings, Inc. 0.01% of their portfolio | 51.3k $1.3m | Reduced -2.1k |
| Farmers National Bank 0.29% of their portfolio | 50.0k $1.2m | Added +898 |
| Savant Capital, LLC 0.01% of their portfolio | 47.6k $1.2m | Unchanged |
| PAX Financial Group, LLC 0.20% of their portfolio | 45.8k $1.1m | Reduced -71 |
| Cornerstone Wealth Management, LLC 0.06% of their portfolio | 42.7k $1.0m | Reduced -1.5k |
| AlphaStar Capital Management, LLC 0.09% of their portfolio | 42.4k $1.0m | Reduced -2.4k |
| WEBSTER BANK, N. A. 0.10% of their portfolio | 42.0k $1.0m | Unchanged |
| First Command Advisory Services, Inc. 0.01% of their portfolio | 40.0k $981.5k | Reduced -5.4k |
| Tennessee Valley Asset Management Partners 0.13% of their portfolio | 38.4k $941.1k | New |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 37.8k $927.1k | Added +2.6k |
| Lido Advisors, LLC 0.00% of their portfolio | 34.3k $842.0k | Reduced -1.0k |
| VestGen Advisors, LLC 0.03% of their portfolio | 34.1k $835.8k | Added +136 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 34.0k $834.0k | Reduced -46.1k |
| BROWN ADVISORY INC 0.00% of their portfolio | 33.0k $809.4k | Unchanged |
| AA Financial Advisors, LLC 0.15% of their portfolio | 32.0k $786.0k | Added +2.4k |
| Private Advisor Group, LLC 0.00% of their portfolio | 31.5k $772.2k | Reduced -555 |
| Astoria Portfolio Advisors LLC. 0.20% of their portfolio | 31.3k $768.1k | Reduced -319 |
| Koss-Olinger Consulting, LLC 0.06% of their portfolio | 29.9k $733.0k | Unchanged |
| Marietta Wealth Management, LLC 0.09% of their portfolio | 29.3k $718.1k | Added +8.9k |
| Accurate Wealth Management, LLC 0.09% of their portfolio | 28.1k $690.2k | Added +40 |
| CGN Advisors LLC 0.06% of their portfolio | 27.5k $674.3k | Reduced -15.3k |
| SENTINEL PENSION ADVISORS, LLC 0.10% of their portfolio | 25.8k $632.0k | Reduced -8.1k |
| Meridian Wealth Management, LLC 0.02% of their portfolio | 25.5k $624.9k | Reduced -6.1k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 24.7k $604.7k | Added +12.0k |
| Vermillion & White Wealth Management Group, LLC 0.34% of their portfolio | 24.5k $602.0k | Added +151 |
| DENVER WEALTH MANAGEMENT, INC. 0.22% of their portfolio | 24.5k $600.9k | Reduced -13.4k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 23.6k $578.8k | Reduced -1.6k |
| Beacon Pointe Advisors, LLC 0.00% of their portfolio | 22.7k $556.7k | Reduced -9.8k |
| Fourth Dimension Wealth, LLC 0.21% of their portfolio | 22.1k $541.8k | Reduced -4.2k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 21.7k $533.1k | New |
| TLWM 0.09% of their portfolio | 21.5k $527.6k | Reduced -181 |
| OneDigital Investment Advisors LLC 0.01% of their portfolio | 20.8k $510.6k | Unchanged |
| Sterling Financial Group, Inc. 0.16% of their portfolio | 20.7k $507.6k | Added +3.5k |
| ORBA Wealth Advisors, L.L.C. 0.40% of their portfolio | 20.0k $490.5k | Unchanged |
| VOISARD ASSET MANAGEMENT GROUP, INC. 0.11% of their portfolio | 19.7k $482.8k | Unchanged |
| Clear Harbor Asset Management, LLC 0.03% of their portfolio | 19.5k $477.1k | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 19.3k $472.3k | Added +9.3k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 18.6k $456.0k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 17.9k $440.2k | New |
| CENTRAL VALLEY ADVISORS, LLC 0.14% of their portfolio | 17.8k $436.9k | Reduced -157.7k |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 17.7k $434.2k | Added +108 |
| StoneX Group Inc. 0.02% of their portfolio | 17.6k $431.7k | Reduced -4.9k |
| NORTHEAST PLANNING ASSOCIATES, INC. / NH / 0.37% of their portfolio | 17.6k $431.2k | Unchanged |
| WESPAC Advisors, LLC 0.25% of their portfolio | 17.3k $425.0k | Unchanged |
| Waverly Advisors, LLC 0.00% of their portfolio | 15.9k $390.0k | Reduced -1.3k |
| Hobbs Group Advisors, LLC 0.12% of their portfolio | 15.6k $383.0k | Added +48 |
| Cambridge Financial Group, LLC 0.12% of their portfolio | 15.0k $367.1k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 15.0k $367.0k | Added +1.4k |
| River Street Advisors LLC 0.14% of their portfolio | 14.9k $366.5k | Unchanged |
| Jacobi Capital Management LLC 0.02% of their portfolio | 14.3k $350.1k | Added +2.5k |
| KICKSTAND VENTURES, LLC. 0.08% of their portfolio | 14.1k $346.4k | Unchanged |
| Tassel Capital Management, Inc. 0.21% of their portfolio | 13.4k $328.5k | Reduced -3.1k |
| Horizons Wealth Management 0.22% of their portfolio | 13.3k $325.5k | Unchanged |
| Carnegie Investment Counsel 0.01% of their portfolio | 13.1k $320.7k | Reduced -14.2k |
| YANKCOM Partnership 0.14% of their portfolio | 13.1k $320.3k | Unchanged |
| FLOW TRADERS U.S. LLC 0.01% of their portfolio | 12.4k $305.0k | Unchanged |
| HOWARD WEALTH MANAGEMENT, LLC 0.14% of their portfolio | 12.3k $300.6k | Unchanged |
| OLD MISSION CAPITAL LLC 0.01% of their portfolio | 11.7k $287.1k | Added +2.7k |
| SIGNATUREFD, LLC 0.00% of their portfolio | 11.4k $280.0k | Unchanged |
| Masso Torrence Wealth Management Inc. 0.11% of their portfolio | 11.1k $271.6k | Unchanged |
| SILVERLAKE WEALTH MANAGEMENT LLC 0.07% of their portfolio | 11.0k $270.4k | Unchanged |
| IHT Wealth Management, LLC 0.01% of their portfolio | 10.2k $250.0k | Unchanged |
| Kohmann Bosshard Financial Services, LLC 0.03% of their portfolio | 10.1k $247.4k | Unchanged |
| Clark Asset Management, LLC 0.03% of their portfolio | 10.1k $246.8k | Unchanged |
| Heritage Trust Co 0.03% of their portfolio | 10.0k $246.1k | Reduced -915 |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.01% of their portfolio | 9.9k $243.3k | Added +8 |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 9.7k $238.4k | Unchanged |
| Diversify Advisory Services, LLC 0.01% of their portfolio | 9.7k $237.4k | Unchanged |
| Addison Advisors LLC 0.05% of their portfolio | 9.5k $234.0k | Reduced -180 |
| LEAVELL INVESTMENT MANAGEMENT, INC. 0.01% of their portfolio | 9.4k $230.9k | Unchanged |