Wealthcare Advisory Partners LLC Lowers Stake in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Wealthcare Advisory Partners LLC cut its holdings in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 592,531 shares of the exchange traded fund’s stock after selling 18,447 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Invesco Senior Loan ETF were worth $12,550,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Grimes & Company Inc. grew its holdings in shares of Invesco Senior Loan ETF by 5.5% during the fourth quarter. Grimes & Company Inc. now owns 8,565,742 shares of the exchange traded fund’s stock valued at $181,422,000 after buying an additional 448,094 shares in the last quarter. Wright Fund Management LLC boosted its position in Invesco Senior Loan ETF by 17.5% during the third quarter. Wright Fund Management LLC now owns 8,540,961 shares of the exchange traded fund’s stock valued at $179,275,000 after purchasing an additional 1,272,322 shares during the last quarter. New York Life Investment Management LLC boosted its stake in 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 purchasing an additional 546,062 shares during the period. Bank of New York Mellon Corp lifted its holdings in shares of Invesco Senior Loan ETF by 25.4% in the third quarter. Bank of New York Mellon Corp now owns 5,144,716 shares of the exchange traded fund’s stock worth $107,988,000 after acquiring an additional 1,040,843 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of 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 worth $75,933,000 after buying an additional 850,108 shares in the last quarter.

Invesco Senior Loan ETF Stock Performance

Shares of Invesco Senior Loan ETF stock remained flat at $21.20 during trading on Tuesday. 7,046,410 shares of the stock traded hands, compared to its average volume of 9,314,158. The company’s 50 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 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.