Sumitomo Life Insurance Co. Acquires 252,091 Shares of Invesco Senior Loan ETF $BKLN

Sumitomo Life Insurance Co. increased its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,170,000 shares of the exchange traded fund’s stock after acquiring an additional 252,091 shares during the period. Invesco Senior Loan ETF makes up 1.8% of Sumitomo Life Insurance Co.’s investment portfolio, making the stock its 12th largest holding. Sumitomo Life Insurance Co. owned about 0.87% of Invesco Senior Loan ETF worth $66,570,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of BKLN. Verition Fund Management LLC bought a new stake in Invesco Senior Loan ETF during the third quarter worth about $79,534,000. Bank of America Corp DE boosted its stake in Invesco Senior Loan ETF by 58.7% during the third quarter. Bank of America Corp DE now owns 9,943,545 shares of the exchange traded fund’s stock worth $208,118,000 after acquiring an additional 3,678,530 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Invesco Senior Loan ETF by 295.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,111,244 shares of the exchange traded fund’s stock worth $86,336,000 after acquiring an additional 3,072,104 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Invesco Senior Loan ETF by 211.2% during the fourth quarter. BNP Paribas Financial Markets now owns 4,006,888 shares of the exchange traded fund’s stock worth $84,145,000 after acquiring an additional 2,719,290 shares in the last quarter. Finally, Valpey Financial Services LLC boosted its stake in Invesco Senior Loan ETF by 2,109.5% during the fourth quarter. Valpey Financial Services LLC now owns 2,476,445 shares of the exchange traded fund’s stock worth $52,005,000 after acquiring an additional 2,364,365 shares in the last quarter.

Invesco Senior Loan ETF Price Performance

NYSEARCA:BKLN opened at $20.43 on Friday. Invesco Senior Loan ETF has a one year low of $20.11 and a one year high of $21.07. The company’s 50-day simple moving average is $20.54 and its 200 day simple moving average is $20.68.

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.