Invesco Senior Loan ETF (NYSEARCA:BKLN) Shares Sold by Shenkman Capital Management Inc.

Shenkman Capital Management Inc. decreased its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 50.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,075,613 shares of the exchange traded fund’s stock after selling 1,108,487 shares during the quarter. Invesco Senior Loan ETF comprises about 2.0% of Shenkman Capital Management Inc.’s portfolio, making the stock its 16th biggest position. Shenkman Capital Management Inc. owned approximately 0.32% of Invesco Senior Loan ETF worth $22,869,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BKLN. McClarren Financial Advisors Inc. increased its stake in Invesco Senior Loan ETF by 5,971.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 1,275 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 1,254 shares in the last quarter. Avior Wealth Management LLC acquired a new position in shares of Invesco Senior Loan ETF in the 3rd quarter valued at $28,000. Continuum Advisory LLC raised its stake in Invesco Senior Loan ETF by 1,068.9% in the 3rd quarter. Continuum Advisory LLC now owns 2,139 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 1,956 shares during the last quarter. SouthState Corp lifted its position in Invesco Senior Loan ETF by 73.9% during the 3rd quarter. SouthState Corp now owns 2,370 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 1,007 shares during the period. Finally, Golden State Wealth Management LLC purchased a new stake in Invesco Senior Loan ETF during the 4th quarter valued at about $52,000.

Invesco Senior Loan ETF Price Performance

Shares of BKLN stock opened at $20.79 on Friday. Invesco Senior Loan ETF has a fifty-two week low of $20.61 and a fifty-two week high of $21.24. The stock’s 50-day simple moving average is $21.02 and its 200-day simple moving average is $21.06.

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.