Readystate Asset Management LP Takes $853,000 Position in Invesco Senior Loan ETF $BKLN

Readystate Asset Management LP purchased a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the 1st quarter, Holdings Channel reports. The institutional investor purchased 41,786 shares of the exchange traded fund’s stock, valued at approximately $853,000.

A number of other hedge funds have also recently added to or reduced their stakes in BKLN. Mittelman Wealth Management grew its holdings in Invesco Senior Loan ETF by 15.0% in the first quarter. Mittelman Wealth Management now owns 153,160 shares of the exchange traded fund’s stock valued at $3,126,000 after purchasing an additional 19,936 shares during the last quarter. Gateway Wealth Partners LLC acquired a new position in shares of Invesco Senior Loan ETF during the 1st quarter worth approximately $534,000. Matrix Private Capital Group LLC purchased a new stake in Invesco Senior Loan ETF in the 1st quarter valued at approximately $3,449,000. Adventist Health System Sunbelt Healthcare Corp purchased a new stake in Invesco Senior Loan ETF in the 1st quarter valued at approximately $10,078,000. Finally, Compound Planning Inc. acquired a new stake in Invesco Senior Loan ETF during the 1st quarter valued at $210,000.

Invesco Senior Loan ETF Price Performance

Invesco Senior Loan ETF stock opened at $20.37 on Thursday. The stock has a fifty day moving average of $20.43 and a two-hundred day moving average of $20.54. Invesco Senior Loan ETF has a fifty-two week low of $20.11 and a fifty-two week high of $21.07.

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.