Invesco Senior Loan ETF (NYSEARCA:BKLN) Sees Large Volume Increase

Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) saw an uptick in trading volume on Wednesday . 4,103,980 shares were traded during trading, a decline of 57% from the previous session’s volume of 9,469,146 shares.The stock last traded at $21.09 and had previously closed at $21.08.

Invesco Senior Loan ETF Price Performance

The company has a 50-day moving average price of $21.12 and a 200-day moving average price of $21.09.

Institutional Investors Weigh In On Invesco Senior Loan ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Roger Wittlin Investment Advisory LLC grew its holdings in shares of Invesco Senior Loan ETF by 2.2% during the 4th quarter. Roger Wittlin Investment Advisory LLC now owns 57,780 shares of the exchange traded fund’s stock worth $1,224,000 after purchasing an additional 1,247 shares in the last quarter. Oder Investment Management LLC increased its holdings in Invesco Senior Loan ETF by 5.0% in the 4th quarter. Oder Investment Management LLC now owns 18,887 shares of the exchange traded fund’s stock valued at $400,000 after buying an additional 903 shares during the period. Brown Wealth Management LLC raised its stake in shares of Invesco Senior Loan ETF by 115.5% in the 4th quarter. Brown Wealth Management LLC now owns 187,422 shares of the exchange traded fund’s stock valued at $3,970,000 after buying an additional 100,450 shares in the last quarter. Savvy Advisors Inc. bought a new position in shares of Invesco Senior Loan ETF during the 4th quarter worth about $720,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in shares of Invesco Senior Loan ETF during the 4th quarter valued at about $648,000.

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.