Ameriprise Financial Inc. Has $97.59 Million Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Ameriprise Financial Inc. grew its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 78.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,631,771 shares of the exchange traded fund’s stock after purchasing an additional 2,040,155 shares during the period. Ameriprise Financial Inc. owned about 1.38% of Invesco Senior Loan ETF worth $97,592,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in BKLN. McClarren Financial Advisors Inc. boosted its stake in Invesco Senior Loan ETF by 5,971.4% in the fourth quarter. McClarren Financial Advisors Inc. now owns 1,275 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 1,254 shares in the last quarter. Golden State Wealth Management LLC bought a new position in shares of Invesco Senior Loan ETF in the fourth quarter valued at about $52,000. Synergy Investment Management LLC acquired a new position in Invesco Senior Loan ETF during the 4th quarter worth about $69,000. IMG Wealth Management Inc. bought a new stake in Invesco Senior Loan ETF during the 4th quarter worth about $70,000. Finally, Cape Investment Advisory Inc. increased its position in Invesco Senior Loan ETF by 58.2% in the 4th quarter. Cape Investment Advisory Inc. now owns 3,474 shares of the exchange traded fund’s stock valued at $73,000 after acquiring an additional 1,278 shares in the last quarter.

Invesco Senior Loan ETF Trading Up 0.2 %

Shares of BKLN stock opened at $20.85 on Friday. Invesco Senior Loan ETF has a 1 year low of $20.02 and a 1 year high of $21.24. The firm’s 50 day moving average is $20.68 and its 200-day moving average is $20.94.

About Invesco Senior Loan ETF

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.