Horizon Wealth Management LLC Takes Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Horizon Wealth Management LLC purchased a new stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 46,462 shares of the exchange traded fund’s stock, valued at approximately $979,000.

Other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC bought a new position in shares of Invesco Senior Loan ETF during the 2nd quarter valued at about $43,000. LPL Financial LLC raised its holdings in shares of Invesco Senior Loan ETF by 24.6% during the second quarter. LPL Financial LLC now owns 3,069,783 shares of the exchange traded fund’s stock worth $64,588,000 after acquiring an additional 605,163 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Invesco Senior Loan ETF by 13.4% during the second quarter. Envestnet Asset Management Inc. now owns 4,220,550 shares of the exchange traded fund’s stock worth $88,800,000 after acquiring an additional 497,129 shares during the period. Angeles Investment Advisors LLC lifted its holdings in shares of Invesco Senior Loan ETF by 76.9% in the second quarter. Angeles Investment Advisors LLC now owns 2,720,390 shares of the exchange traded fund’s stock valued at $57,237,000 after purchasing an additional 1,183,000 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in Invesco Senior Loan ETF by 45.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,176,999 shares of the exchange traded fund’s stock valued at $45,804,000 after acquiring an additional 676,999 shares in the last quarter.

Invesco Senior Loan ETF Price Performance

Shares of BKLN remained flat at $21.10 during mid-day trading on Monday. 10,500,079 shares of the stock traded hands, compared to its average volume of 11,113,611. The stock has a 50 day moving average of $21.11 and a 200-day moving average of $21.06. Invesco Senior Loan ETF has a one year low of $20.61 and a one year high of $21.25.

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.