SCHEDULE: Invesco Ltd. Reports 24.1% Stake in Russell 1000 ETF

Invesco Ltd. has filed an amendment to its Schedule 13G, disclosing a 24.1% beneficial ownership stake in the Invesco Russell 1000 Dynamic Multifactor ETF.

Summary

• Invesco Ltd. reported beneficial ownership of 20,645,448 shares of the Invesco Russell 1000 Dynamic Multifactor ETF.
• This ownership represents 24.1% of the class of securities.
• Invesco Ltd. holds sole voting power over 20,120,561 shares and sole dispositive power over 20,645,448 shares.
• The filing is an Amendment No. 17 to Schedule 13G, indicating ongoing reporting by Invesco Ltd. as a significant holder.
• Invesco Advisers, Inc., a subsidiary of Invesco Ltd., advises the Invesco Active Alloc Fd PM Overlay, which owns 5.42% of the reported security.

Sentiment

Score: 5

Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently convey positive or negative sentiment regarding the company's performance or outlook.

Future Outlook

NA

Management Comments

• The securities referred to 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.

Industry Context

This Schedule 13G filing is a routine disclosure by a large institutional investor, Invesco Ltd., detailing its significant beneficial ownership in one of its own Exchange Traded Funds. Such filings are common for asset managers that hold substantial stakes in the funds they manage or advise, ensuring transparency regarding ownership percentages as required by SEC regulations.

Related Party Transactions

• Invesco Advisers, Inc., a subsidiary of Invesco Ltd., advises the Invesco Active Alloc Fd PM Overlay, which owns 5.42% of the security reported.

Stakeholder Impact

• Shareholders of the Invesco Russell 1000 Dynamic Multifactor ETF are informed of Invesco Ltd.'s significant beneficial ownership, which is typical for an ETF managed by the reporting entity.
• The filing confirms that the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Key Dates

Keywords

Invesco, ETF, Russell 1000, Beneficial Ownership, Schedule 13G, Investment Management, Asset Management, Exchange Traded Fund