Bank of Montreal Can Sells 282,820 Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN)

Bank of Montreal Can lessened its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 35.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 523,754 shares of the exchange traded fund’s stock after selling 282,820 shares during the period. Bank of Montreal Can owned approximately 0.16% of Invesco Senior Loan ETF worth $11,020,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC purchased a new position in Invesco Senior Loan ETF in the first quarter worth about $26,000. Lynx Investment Advisory bought a new position in Invesco Senior Loan ETF in the 2nd quarter valued at approximately $29,000. SouthState Corp boosted its stake in Invesco Senior Loan ETF by 167.3% during the 2nd quarter. SouthState Corp now owns 1,363 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 853 shares during the last quarter. RE Dickinson Investment Advisors LLC bought a new stake in shares of Invesco Senior Loan ETF in the 4th quarter worth $36,000. Finally, Bell Investment Advisors Inc raised its stake in shares of Invesco Senior Loan ETF by 41.7% in the first quarter. Bell Investment Advisors Inc now owns 1,683 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 495 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

BKLN opened at $20.96 on Monday. The company’s 50-day simple moving average is $20.99 and its two-hundred day simple moving average is $21.07. Invesco Senior Loan ETF has a 52-week low of $20.61 and a 52-week high of $21.25.

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.