Invesco Senior Loan ETF (NYSEARCA:BKLN) Position Cut by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. trimmed its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 17.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 24,258 shares of the exchange traded fund’s stock after selling 5,209 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Invesco Senior Loan ETF were worth $514,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in BKLN. Ritholtz Wealth Management bought a new stake in Invesco Senior Loan ETF in the third quarter valued at $226,000. Friedenthal Financial lifted its stake in Invesco Senior Loan ETF by 27.7% in the third quarter. Friedenthal Financial now owns 13,456 shares of the exchange traded fund’s stock valued at $282,000 after buying an additional 2,916 shares during the last quarter. Counterpoint Mutual Funds LLC lifted its stake in Invesco Senior Loan ETF by 45.0% in the third quarter. Counterpoint Mutual Funds LLC now owns 2,268,347 shares of the exchange traded fund’s stock valued at $47,613,000 after buying an additional 703,898 shares during the last quarter. Strategic Blueprint LLC raised its stake in shares of Invesco Senior Loan ETF by 76.9% during the third quarter. Strategic Blueprint LLC now owns 42,054 shares of the exchange traded fund’s stock valued at $883,000 after purchasing an additional 18,286 shares in the last quarter. Finally, RFG Holdings Inc. bought a new stake in shares of Invesco Senior Loan ETF during the third quarter valued at about $26,125,000.

Invesco Senior Loan ETF Stock Performance

Shares of NYSEARCA BKLN opened at $21.06 on Wednesday. Invesco Senior Loan ETF has a fifty-two week low of $20.55 and a fifty-two week high of $21.27. The firm’s 50-day simple moving average is $21.12 and its 200 day simple moving average is $21.06.

Invesco Senior Loan ETF 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.