Mirae Asset Global Investments Co. Ltd. Has $3.60 Million Stock Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Mirae Asset Global Investments Co. Ltd. increased its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 1,308.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 169,884 shares of the exchange traded fund’s stock after acquiring an additional 157,820 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned about 0.09% of Invesco Senior Loan ETF worth $3,598,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BKLN. Moors & Cabot Inc. lifted its stake in shares of Invesco Senior Loan ETF by 6.7% in the first quarter. Moors & Cabot Inc. now owns 27,311 shares of the exchange traded fund’s stock worth $595,000 after acquiring an additional 1,726 shares during the period. Baird Financial Group Inc. increased its holdings in Invesco Senior Loan ETF by 3.0% in the first quarter. Baird Financial Group Inc. now owns 1,398,684 shares of the exchange traded fund’s stock worth $30,449,000 after purchasing an additional 40,338 shares in the last quarter. Covestor Ltd increased its holdings in Invesco Senior Loan ETF by 186.1% in the first quarter. Covestor Ltd now owns 1,156 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 752 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Invesco Senior Loan ETF by 647.6% in the first quarter. NewEdge Advisors LLC now owns 646,667 shares of the exchange traded fund’s stock worth $14,078,000 after purchasing an additional 560,164 shares in the last quarter. Finally, Equitable Holdings Inc. bought a new stake in Invesco Senior Loan ETF in the first quarter worth approximately $224,000.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN stock opened at $21.08 on Wednesday. The stock has a 50 day simple moving average of $21.12 and a two-hundred day simple moving average of $21.05. Invesco Senior Loan ETF has a fifty-two week low of $20.55 and a fifty-two week high of $21.27.

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.