Independent Financial Group LLC Makes New Investment in Invesco Senior Loan ETF $BKLN

Independent Financial Group LLC bought a new stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 72,001 shares of the exchange traded fund’s stock, valued at approximately $1,470,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Fortitude Family Office LLC increased its holdings in Invesco Senior Loan ETF by 3,123.7% during the 4th quarter. Fortitude Family Office LLC now owns 391,037 shares of the exchange traded fund’s stock worth $8,212,000 after acquiring an additional 378,907 shares during the period. Exchange Traded Concepts LLC boosted its holdings in Invesco Senior Loan ETF by 126.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 155,877 shares of the exchange traded fund’s stock valued at $3,273,000 after purchasing an additional 87,191 shares during the period. Assetmark Inc. boosted its holdings in Invesco Senior Loan ETF by 21.5% in the 4th quarter. Assetmark Inc. now owns 4,025,565 shares of the exchange traded fund’s stock valued at $84,537,000 after purchasing an additional 713,410 shares during the period. Sage Financial Group Inc. grew its position in shares of Invesco Senior Loan ETF by 320.2% during the 4th quarter. Sage Financial Group Inc. now owns 263,584 shares of the exchange traded fund’s stock valued at $5,535,000 after purchasing an additional 200,853 shares in the last quarter. Finally, WCG Wealth Advisors LLC purchased a new position in shares of Invesco Senior Loan ETF during the 4th quarter valued at $793,000.

Invesco Senior Loan ETF Price Performance

Invesco Senior Loan ETF stock opened at $20.48 on Monday. Invesco Senior Loan ETF has a fifty-two week low of $20.11 and a fifty-two week high of $21.07. The firm’s fifty day moving average price is $20.46 and its 200-day moving average price is $20.58.

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.