IMA Wealth Inc. Sells 3,405 Shares of Invesco Senior Loan ETF (NYSEARCA:BKLN)

IMA Wealth Inc. cut its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 13.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,131 shares of the exchange traded fund’s stock after selling 3,405 shares during the period. IMA Wealth Inc.’s holdings in Invesco Senior Loan ETF were worth $469,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in BKLN. Angeles Investment Advisors LLC bought a new stake in Invesco Senior Loan ETF in the third quarter worth $70,619,000. Kensington Asset Management LLC bought a new stake in Invesco Senior Loan ETF in the fourth quarter worth $40,312,000. Wilbanks Smith & Thomas Asset Management LLC bought a new position in shares of Invesco Senior Loan ETF during the third quarter valued at about $35,964,000. SG Americas Securities LLC bought a new position in shares of Invesco Senior Loan ETF during the fourth quarter valued at about $34,484,000. Finally, Wright Fund Management LLC raised its stake in shares of Invesco Senior Loan ETF by 17.5% during the third quarter. Wright Fund Management LLC now owns 8,540,961 shares of the exchange traded fund’s stock valued at $179,275,000 after acquiring an additional 1,272,322 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

Shares of NYSEARCA:BKLN traded up $0.05 during midday trading on Friday, hitting $21.08. 14,748,933 shares of the stock traded hands, compared to its average volume of 8,981,272. The business’s 50 day moving average is $21.12 and its two-hundred day moving average is $21.06. Invesco Senior Loan ETF has a one year low of $20.55 and a one year high of $21.27.

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.