Everpar Advisors LLC Invests $376,000 in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Everpar Advisors LLC purchased a new position in Invesco Senior Loan ETF (NYSEARCA:BKLN) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 17,766 shares of the exchange traded fund’s stock, valued at approximately $376,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Grimes & Company Inc. lifted its position in shares of Invesco Senior Loan ETF by 5.5% in the 4th quarter. Grimes & Company Inc. now owns 8,565,742 shares of the exchange traded fund’s stock worth $181,422,000 after purchasing an additional 448,094 shares during the period. Wright Fund Management LLC increased its stake in shares of Invesco Senior Loan ETF by 17.5% in the 3rd quarter. Wright Fund Management LLC now owns 8,540,961 shares of the exchange traded fund’s stock valued at $179,275,000 after acquiring an additional 1,272,322 shares in the last quarter. New York Life Investment Management LLC increased its stake in shares of Invesco Senior Loan ETF by 10.7% in the 4th quarter. New York Life Investment Management LLC now owns 5,671,928 shares of the exchange traded fund’s stock valued at $120,131,000 after acquiring an additional 546,062 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Invesco Senior Loan ETF by 25.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 5,144,716 shares of the exchange traded fund’s stock valued at $107,988,000 after acquiring an additional 1,040,843 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Invesco Senior Loan ETF by 30.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,616,636 shares of the exchange traded fund’s stock valued at $75,933,000 after purchasing an additional 850,108 shares in the last quarter.

Invesco Senior Loan ETF Stock Performance

BKLN stock traded down $0.02 during midday trading on Wednesday, reaching $21.18. 34,518,049 shares of the company’s stock traded hands, compared to its average volume of 9,698,233. The firm’s fifty day moving average price is $21.12 and its 200-day moving average price is $21.07. Invesco Senior Loan ETF has a 52 week low of $20.55 and a 52 week high of $21.27.

Invesco Senior Loan ETF 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.