New York Life Investment Management LLC trimmed its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN – Free Report) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,475,028 shares of the exchange traded fund’s stock after selling 100,876 shares during the quarter. New York Life Investment Management LLC owned about 0.44% of Invesco Senior Loan ETF worth $31,079,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ocean Park Asset Management LLC raised its position in shares of Invesco Senior Loan ETF by 2,838.3% during the 4th quarter. Ocean Park Asset Management LLC now owns 18,160,609 shares of the exchange traded fund’s stock worth $382,644,000 after buying an additional 17,542,541 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Invesco Senior Loan ETF during the 3rd quarter worth about $346,665,000. Investment Management Corp of Ontario raised its position in shares of Invesco Senior Loan ETF by 0.9% during the 3rd quarter. Investment Management Corp of Ontario now owns 10,892,627 shares of the exchange traded fund’s stock worth $228,854,000 after buying an additional 101,849 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Invesco Senior Loan ETF by 4.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 10,085,313 shares of the exchange traded fund’s stock worth $211,892,000 after buying an additional 463,394 shares in the last quarter. Finally, Grimes & Company Inc. raised its position in shares of Invesco Senior Loan ETF by 3.1% during the 4th quarter. Grimes & Company Inc. now owns 9,792,889 shares of the exchange traded fund’s stock worth $206,336,000 after buying an additional 295,869 shares in the last quarter.
Invesco Senior Loan ETF Stock Performance
BKLN stock opened at $20.94 on Thursday. Invesco Senior Loan ETF has a 52 week low of $20.61 and a 52 week high of $21.25. The firm’s 50-day moving average is $21.06 and its two-hundred day 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.
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