SCHEDULE: Bank of New York Mellon Discloses 14.1% Stake in Invesco Russell 2000 Dynamic Multifactor ETF

Bank of New York Mellon Corporation and its subsidiaries have reported a 14.1% beneficial ownership stake in the Invesco Russell 2000 Dynamic Multifactor ETF, holding over 1 million shares.

Summary

• Bank of New York Mellon Corporation and its direct and indirect subsidiaries collectively hold beneficial ownership of 1,064,671 shares of Invesco Russell 2000 Dynamic Multifactor ETF.
• This aggregate ownership represents 14.1% of the class of securities.
• The shares are held in various fiduciary capacities, meaning other entities are entitled to dividends or sale proceeds.
• No single other person's interest in the reported securities exceeds 5%.
• The filing is an Amendment No. 4 to a Schedule 13G, with the event date reported as June 30, 2025, and the signature date as July 18, 2025.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, carrying a neutral sentiment. It neither indicates positive nor negative operational or financial performance.

Positives

• The disclosure indicates a significant, stable institutional holding by a major financial institution, which can imply confidence in the underlying asset or strategy of the ETF.
• The shares are certified as acquired and held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Risks

• The filing explicitly states that it should not be construed as an admission that The Bank of New York Mellon Corporation or its subsidiaries are beneficial owners for the purposes of Section 13(d) or 13(g) of the Act, despite reporting beneficial ownership.

Future Outlook

NA

Industry Context

This Schedule 13G filing indicates a significant passive investment by a large financial institution, Bank of New York Mellon, in an Invesco Exchange-Traded Fund (ETF). Such filings are common for institutional investors holding substantial stakes in publicly traded securities, often for client portfolios or index-tracking purposes. It reflects the ongoing trend of large asset managers holding significant positions in ETFs as part of diversified investment strategies.

Related Party Transactions

• The Bank of New York Mellon Corporation and its direct or indirect subsidiaries hold the securities in various fiduciary capacities, meaning the beneficial ownership is for clients or funds managed by BNY Mellon entities, rather well as for the direct proprietary benefit of BNY Mellon itself.

Stakeholder Impact

• Shareholders of Invesco Russell 2000 Dynamic Multifactor ETF: Provides transparency regarding a significant institutional holder, potentially offering a sense of stability or validation for the ETF.
• Clients of Bank of New York Mellon: Confirms that BNY Mellon is holding these securities on behalf of its clients or in managed funds, consistent with its role as a large asset manager and custodian.

Key Dates

Keywords

Invesco Russell 2000 Dynamic Multifactor ETF, Bank of New York Mellon, Schedule 13G, Beneficial Ownership, ETF, Institutional Investor, Passive Investment, Fiduciary Capacity