Worth Asset Management LLC Has $698,000 Holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Worth Asset Management LLC lessened its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 11.9% in the 1st quarter, Holdings Channel reports. The fund owned 33,706 shares of the exchange traded fund’s stock after selling 4,542 shares during the period. Worth Asset Management LLC’s holdings in Invesco Senior Loan ETF were worth $698,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BKLN. TD Asset Management Inc. purchased a new stake in shares of Invesco Senior Loan ETF in the fourth quarter valued at $392,497,000. Ocean Park Asset Management LLC lifted its stake in Invesco Senior Loan ETF by 2,838.3% in 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 acquiring an additional 17,542,541 shares in the last quarter. Lord Abbett & CO. LLC boosted its position in Invesco Senior Loan ETF by 245.5% during the 4th quarter. Lord Abbett & CO. LLC now owns 8,925,810 shares of the exchange traded fund’s stock worth $188,067,000 after acquiring an additional 6,342,185 shares during the period. American Century Companies Inc. acquired a new stake in Invesco Senior Loan ETF during the 4th quarter worth about $108,480,000. Finally, Bank of America Corp DE grew its stake in Invesco Senior Loan ETF by 218.9% during the 4th quarter. Bank of America Corp DE now owns 7,298,702 shares of the exchange traded fund’s stock valued at $153,784,000 after acquiring an additional 5,010,333 shares in the last quarter.

Invesco Senior Loan ETF Trading Up 0.1%

Shares of BKLN opened at $20.85 on Monday. The business’s 50-day moving average is $20.69 and its 200-day moving average is $20.91. Invesco Senior Loan ETF has a fifty-two week low of $20.02 and a fifty-two week high of $21.21.

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.