Merit Financial Group LLC Has $7.55 Million Stake in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Merit Financial Group LLC raised its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 3.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 358,471 shares of the exchange traded fund’s stock after acquiring an additional 12,848 shares during the quarter. Merit Financial Group LLC’s holdings in Invesco Senior Loan ETF were worth $7,553,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in BKLN. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco Senior Loan ETF by 2.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 84,099 shares of the exchange traded fund’s stock valued at $1,767,000 after acquiring an additional 1,940 shares in the last quarter. US Bancorp DE grew its holdings in Invesco Senior Loan ETF by 20.4% during the third quarter. US Bancorp DE now owns 29,491 shares of the exchange traded fund’s stock valued at $620,000 after purchasing an additional 4,999 shares during the last quarter. Forefront Analytics LLC raised its position in shares of Invesco Senior Loan ETF by 5.0% in the second quarter. Forefront Analytics LLC now owns 287,819 shares of the exchange traded fund’s stock valued at $6,056,000 after purchasing an additional 13,777 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Invesco Senior Loan ETF by 92.6% in the second quarter. The Manufacturers Life Insurance Company now owns 9,621,919 shares of the exchange traded fund’s stock worth $202,420,000 after buying an additional 4,625,361 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Invesco Senior Loan ETF by 8.6% during the 3rd quarter. Stifel Financial Corp now owns 218,050 shares of the exchange traded fund’s stock worth $4,581,000 after buying an additional 17,318 shares during the period.

Invesco Senior Loan ETF Trading Up 0.1 %

Shares of BKLN opened at $21.15 on Friday. Invesco Senior Loan ETF has a one year low of $20.61 and a one year high of $21.25. The company’s fifty day moving average price is $21.11 and its 200 day moving average price is $21.06.

Invesco Senior Loan ETF Company 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.