Worth Asset Management LLC Makes New Investment in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Worth Asset Management LLC acquired a new stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) during the 4th quarter, HoldingsChannel reports. The institutional investor acquired 38,248 shares of the exchange traded fund’s stock, valued at approximately $806,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. FC Advisory LLC increased its stake in Invesco Senior Loan ETF by 2.5% during the 4th quarter. FC Advisory LLC now owns 73,256 shares of the exchange traded fund’s stock valued at $1,544,000 after purchasing an additional 1,806 shares in the last quarter. Bangor Savings Bank increased its position in shares of Invesco Senior Loan ETF by 15.9% in the 4th quarter. Bangor Savings Bank now owns 6,217 shares of the exchange traded fund’s stock valued at $131,000 after acquiring an additional 855 shares during the period. Insight Wealth Strategies LLC purchased a new position in Invesco Senior Loan ETF in the 4th quarter worth $14,661,000. Central Pacific Bank Trust Division lifted its position in Invesco Senior Loan ETF by 40.0% during the 4th quarter. Central Pacific Bank Trust Division now owns 210,900 shares of the exchange traded fund’s stock worth $4,444,000 after acquiring an additional 60,230 shares during the period. Finally, Old Port Advisors lifted its position in Invesco Senior Loan ETF by 9.6% during the 4th quarter. Old Port Advisors now owns 152,352 shares of the exchange traded fund’s stock worth $3,210,000 after acquiring an additional 13,312 shares during the period.

Invesco Senior Loan ETF Stock Down 0.1 %

Shares of BKLN stock traded down $0.03 during mid-day trading on Wednesday, reaching $21.10. The stock had a trading volume of 11,001,853 shares, compared to its average volume of 9,773,139. Invesco Senior Loan ETF has a 1-year low of $20.61 and a 1-year high of $21.25. The business’s fifty day moving average is $21.10 and its 200-day moving average is $21.05.

Invesco Senior Loan ETF Company Profile

The Invesco Senior Loan ETF (BKLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of senior loans issued by banks to corporations. BKLN was launched on Mar 3, 2011 and is managed by Invesco.