Sovereign Financial Group Inc. Purchases New Holdings in Invesco Senior Loan ETF $BKLN

Sovereign Financial Group Inc. purchased a new stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 35,580 shares of the exchange traded fund’s stock, valued at approximately $726,000.

A number of other hedge funds also recently modified their holdings of BKLN. Stance Capital LLC bought a new stake in shares of Invesco Senior Loan ETF during the third quarter valued at approximately $28,000. Elevated Capital Advisors LLC bought a new position in Invesco Senior Loan ETF in the fourth quarter worth $30,000. IFP Advisors Inc boosted its stake in Invesco Senior Loan ETF by 187.9% during the fourth quarter. IFP Advisors Inc now owns 1,503 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 981 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in Invesco Senior Loan ETF in the 4th quarter valued at $42,000. Finally, Purpose Unlimited Inc. acquired a new position in shares of Invesco Senior Loan ETF in the 4th quarter valued at $48,000.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN opened at $20.36 on Tuesday. Invesco Senior Loan ETF has a 12 month low of $20.11 and a 12 month high of $21.07. The company has a 50-day moving average price of $20.53 and a two-hundred day moving average price of $20.66.

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.