BK.NYSEBank of New York Mellon CORP
SCHEDULE: Invesco Russell 2000 Dynamic Multifactor ETF Ownership Update
Sentiment:
Beneficial Ownership Filing (Schedule 13G)
The Bank of New York Mellon Corporation and its subsidiaries report beneficial ownership of 15.2% of the Invesco Russell 2000 Dynamic Multifactor ETF.
Summary
- This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership reporting for the Invesco Russell 2000 Dynamic Multifactor ETF.
- The Bank of New York Mellon Corporation, along with its direct and indirect subsidiaries including BNY Mellon IHC, LLC, MBC Investments Corp, and BNY Mellon Advisors, Inc., collectively hold a significant stake.
- The reporting entities are classified as holding companies or investment advisers.
- The total beneficial ownership reported by these entities is approximately 841,091 shares, representing 15.2% of the class of securities.
- The filing clarifies that these securities are held in various fiduciary capacities and not for the purpose of influencing control of the issuer.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard disclosure of beneficial ownership by a large financial institution and does not contain new financial performance data or strategic shifts.
Positives
- The Bank of New York Mellon Corporation and its subsidiaries maintain a substantial investment in the Invesco Russell 2000 Dynamic Multifactor ETF, indicating confidence or strategic positioning.
- The filing is an update, suggesting ongoing management and oversight of the investment portfolio.
- The reporting is conducted in accordance with SEC regulations, ensuring transparency for investors.
Risks
- The significant ownership percentage (15.2%) by a single entity could potentially influence market dynamics or the ETF's strategy, although the filing states it's not for control purposes.
- Concentration of ownership in a few reporting entities could pose a risk if their investment strategy shifts significantly.
Future Outlook
This filing is primarily a reporting of current beneficial ownership and does not contain forward-looking statements or guidance regarding future performance of the ETF or the reporting entities' investment strategies.
Management Comments
- The filing of this Schedule 13G shall not be construed as an admission that The Bank of New York Mellon Corporation, or its direct or indirect subsidiaries, including The Bank of New York Mellon and BNY Mellon, National Association, are for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owners of any securities covered by this Schedule 13G.
- All of the securities are beneficially owned by The Bank of New York Mellon Corporation and its direct or indirect subsidiaries in their various fiduciary capacities. As a result, another entity in every instance is entitled to dividends or proceeds of sale.
- No one other person's interest in the securities reported herein is more than 5%.
- 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.
Industry Context
StockSavvy.ai notes that this Schedule 13G filing by The Bank of New York Mellon Corporation and its affiliates is a routine disclosure for large institutional investors. The significant stake in the Invesco Russell 2000 Dynamic Multifactor ETF (15.2%) highlights the role of major financial institutions in the ETF market and their influence on fund flows and asset management.
Stakeholder Impact
- Shareholders of the Invesco Russell 2000 Dynamic Multifactor ETF: The filing confirms a significant ownership stake by a major financial institution, which can influence market liquidity and ETF operations.
- The Bank of New York Mellon Corporation and its subsidiaries: This filing is part of their regulatory compliance for managing assets in fiduciary capacities.
Key Dates
| Date | Description |
|---|---|
| 03/31/2026 | Date of Event Which Requires Filing of this Statement |
| March 17, 2017 | Effective date for Power of Attorney for The Bank of New York Mellon Corporation |
| September 16, 2015 | Effective date for Power of Attorney for BNY Mellon, National Association |
| August 27, 2015 | Effective date for Power of Attorney for The Bank of New York Mellon |
| August 26, 2015 | Effective date for Power of Attorney for The Bank of New York Mellon |
| October 20, 2015 | Effective date for Power of Attorney for The Bank of New York Mellon Trust Company, National Association |
| March 8, 2016 | Effective date for Power of Attorney for The Bank of New York Mellon Trust Company, National Association |
| October 21, 2015 | Effective date for Power of Attorney for BNY Mellon Trust of Delaware |
| October 19, 2015 | Effective date for Power of Attorney for BNY Mellon Trust of Delaware |
| May 24, 2016 | Effective date for Power of Attorney for Pershing LLC |
| October 19, 2016 | Effective date for Power of Attorney for BNY Mellon Capital Markets, LLC |
| January 4, 2016 | Effective date for Power of Attorney for Arx Investimentos Ltda |
| May 5, 2016 | Effective date for Power of Attorney for BNY Mellon Servicos Financeiros Distribuidora de Titulos e Valores Mobiliarios S.A. |
| June 03, 2019 | Effective date for Power of Attorney for BNY Mellon Investment Adviser, Inc |
| February 16, 2016 | Effective date for Power of Attorney for Insight Investment Management (Global) Limited |
| June 15, 2023 | Effective date for Power of Attorney for BNY Mellon Advisors, Inc. |
| April 10, 2020 | Effective date for Power of Attorney for BNY Mellon Investment Management Japan Limited |
| January 10, 2019 | Effective date for Power of Attorney for Mellon Investments Corporation |
| June 03, 2019 | Effective date for Power of Attorney for BNY Mellon Securities Corporation |
| July 17, 2015 | Effective date for Power of Attorney for Newton Investment Management Limited |
| December 7, 2016 | Effective date for Power of Attorney for Insight North America LLC |
| July 15, 2015 | Effective date for Power of Attorney for Walter Scott & Partners Limited |
| February 14, 2018 | Effective date for Power of Attorney for Insight Investment International Limited |
| August 20, 2021 | Effective date for Power of Attorney for Newton Investment Management North America, LLC |
| February 02, 2023 | Effective date for Power of Attorney for Newton Investment Management Japan Ltd |
| May 17, 2016 | Effective date for Power of Attorney for BNY Mellon Trust Company (Cayman) Limited |
| December 04, 2019 | Effective date for Power of Attorney for BNY Mellon ETF Investment Adviser, LLC |
| October 21, 2015 | Effective date for Power of Attorney for B.N.Y. Holdings (Delaware) Corporation |
| May 11, 2016 | Effective date for Power of Attorney for Pershing Group LLC |
| April 19, 2016 | Effective date for Power of Attorney for BNY Mellon Investment Management (APAC) Holdings Limited |
| June 29, 2018 | Effective date for Power of Attorney for Mellon Global Investing Corporation |
| March 29, 2017 | Effective date for Power of Attorney for BNY Mellon IHC, LLC |
| April 29, 2016 | Effective date for Power of Attorney for MBC Investments Corporation |
| October 7, 2015 | Effective date for Power of Attorney for Mellon Overseas Investment Corporation |
| May 12, 2016 | Effective date for Power of Attorney for BNY International Financing Corporation |
| August 15, 2016 | Effective date for Power of Attorney for BNY Mellon International Asset Management (Holdings) Limited |
| October 21, 2015 | Effective date for Power of Attorney for BNY Mellon Investment Management Europe Holdings Limited |
| October 24, 2015 | Effective date for Power of Attorney for BNY Capital Markets Holdings, Inc. |
| May 5, 2016 | Effective date for Power of Attorney for BNY Mellon Participacoes Ltda |
| 04/28/2026 | Date of Certification |
Keywords
Schedule 13G, Invesco Russell 2000 Dynamic Multifactor ETF, Bank of New York Mellon Corporation, Beneficial Ownership, ETF, Investment, SEC Filing, Amendment
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