Invesco Senior Loan ETF (NYSEARCA:BKLN) Sees Unusually-High Trading Volume

Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) saw unusually-strong trading volume on Friday . Approximately 16,359,808 shares were traded during trading, an increase of 59% from the previous session’s volume of 10,277,966 shares.The stock last traded at $20.90 and had previously closed at $20.98.

Invesco Senior Loan ETF Trading Down 0.4 %

The firm has a 50-day moving average price of $21.09 and a 200 day moving average price of $21.11.

Hedge Funds Weigh In On Invesco Senior Loan ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. BNP Paribas bought a new stake in shares of Invesco Senior Loan ETF in the first quarter worth about $123,713,000. Goldman Sachs Group Inc. raised its position in shares of Invesco Senior Loan ETF by 106.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 6,640,526 shares of the exchange traded fund’s stock worth $140,646,000 after acquiring an additional 3,425,167 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in shares of Invesco Senior Loan ETF during the 1st quarter valued at $58,697,000. Counterpoint Mutual Funds LLC increased its stake in shares of Invesco Senior Loan ETF by 95.1% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 4,425,232 shares of the exchange traded fund’s stock worth $93,726,000 after acquiring an additional 2,156,885 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in Invesco Senior Loan ETF during the 1st quarter valued at about $44,978,000.

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.