Horizon Wealth Management LLC Acquires New Position in Invesco Senior Loan ETF $BKLN

Horizon Wealth Management LLC acquired a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the 1st quarter, HoldingsChannel reports. The firm acquired 457,808 shares of the exchange traded fund’s stock, valued at approximately $9,344,000. Invesco Senior Loan ETF accounts for about 1.4% of Horizon Wealth Management LLC’s portfolio, making the stock its 28th biggest position.

A number of other institutional investors also recently bought and sold shares of BKLN. Stance Capital LLC purchased a new stake in shares of Invesco Senior Loan ETF in the 3rd quarter valued at approximately $28,000. Elevated Capital Advisors LLC purchased a new stake in shares of Invesco Senior Loan ETF during the 4th quarter valued at approximately $30,000. IFP Advisors Inc lifted its holdings in Invesco Senior Loan ETF by 187.9% in the fourth quarter. IFP Advisors Inc now owns 1,503 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 981 shares during the last quarter. Realta Investment Advisors acquired a new position in Invesco Senior Loan ETF in the first quarter valued at approximately $31,000. Finally, Flagship Harbor Advisors LLC purchased a new position in Invesco Senior Loan ETF in the fourth quarter worth approximately $42,000.

Invesco Senior Loan ETF Price Performance

BKLN stock opened at $20.36 on Thursday. The business has a fifty day moving average of $20.50 and a two-hundred day moving average of $20.62. Invesco Senior Loan ETF has a 52-week low of $20.11 and a 52-week high of $21.07.

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.