Strategic Investment Advisors MI Has $23.91 Million Position in Invesco Senior Loan ETF $BKLN

Strategic Investment Advisors MI boosted its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 22.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,171,384 shares of the exchange traded fund’s stock after purchasing an additional 213,167 shares during the quarter. Invesco Senior Loan ETF comprises 1.7% of Strategic Investment Advisors MI’s portfolio, making the stock its 14th largest holding. Strategic Investment Advisors MI owned approximately 0.36% of Invesco Senior Loan ETF worth $23,910,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BKLN. Focus Partners Wealth lifted its stake in shares of Invesco Senior Loan ETF by 553.5% in the first quarter. Focus Partners Wealth now owns 45,753 shares of the exchange traded fund’s stock worth $947,000 after buying an additional 38,752 shares during the last quarter. Russell Investments Group Ltd. bought a new position in Invesco Senior Loan ETF in the 2nd quarter worth $1,059,000. Sei Investments Co. raised its holdings in Invesco Senior Loan ETF by 2.1% in the 2nd quarter. Sei Investments Co. now owns 2,980,790 shares of the exchange traded fund’s stock worth $62,356,000 after acquiring an additional 61,995 shares during the period. Ausdal Financial Partners Inc. lifted its position in Invesco Senior Loan ETF by 0.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 194,518 shares of the exchange traded fund’s stock worth $4,069,000 after acquiring an additional 1,809 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Invesco Senior Loan ETF by 32.2% during the 2nd quarter. Bank of America Corp DE now owns 6,265,015 shares of the exchange traded fund’s stock worth $131,064,000 after acquiring an additional 1,526,209 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

BKLN stock opened at $20.37 on Thursday. Invesco Senior Loan ETF has a 52-week low of $20.11 and a 52-week high of $21.07. The company has a 50-day moving average of $20.43 and a two-hundred day moving average of $20.54.

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.