Investment Management Corp of Ontario Raises Stake in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Investment Management Corp of Ontario raised its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,892,627 shares of the exchange traded fund’s stock after purchasing an additional 101,849 shares during the quarter. Invesco Senior Loan ETF accounts for about 5.1% of Investment Management Corp of Ontario’s investment portfolio, making the stock its 5th largest position. Investment Management Corp of Ontario owned approximately 3.24% of Invesco Senior Loan ETF worth $228,854,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. US Bancorp DE grew its position in Invesco Senior Loan ETF by 20.4% during the 3rd quarter. US Bancorp DE now owns 29,491 shares of the exchange traded fund’s stock worth $620,000 after purchasing an additional 4,999 shares during the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new stake in Invesco Senior Loan ETF in the 2nd quarter valued at about $1,328,000. Forefront Analytics LLC raised its stake in Invesco Senior Loan ETF by 5.0% during the 2nd quarter. Forefront Analytics LLC now owns 287,819 shares of the exchange traded fund’s stock worth $6,056,000 after acquiring an additional 13,777 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings 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 valued at $202,420,000 after purchasing an additional 4,625,361 shares during the period. Finally, Whittier Trust Co. acquired a new position in Invesco Senior Loan ETF during the second quarter worth about $50,000.

Invesco Senior Loan ETF Stock Performance

BKLN stock opened at $21.13 on Tuesday. Invesco Senior Loan ETF has a 52 week low of $20.61 and a 52 week high of $21.25. The business has a fifty day simple moving average of $21.07 and a 200-day simple moving average of $21.06.

Invesco Senior Loan ETF 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.