Icon Advisers Inc. Co. Cuts Stake in Invesco Senior Loan ETF $BKLN

Icon Advisers Inc. Co. lowered its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 78.9% in the first quarter, Holdings Channel reports. The firm owned 22,733 shares of the exchange traded fund’s stock after selling 84,966 shares during the period. Icon Advisers Inc. Co.’s holdings in Invesco Senior Loan ETF were worth $464,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in Invesco Senior Loan ETF by 13.0% in the 4th quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 32,787,987 shares of the exchange traded fund’s stock valued at $688,548,000 after buying an additional 3,776,000 shares in the last quarter. Investment Management Corp of Ontario increased its stake in Invesco Senior Loan ETF by 39.4% during the 4th quarter. Investment Management Corp of Ontario now owns 13,064,723 shares of the exchange traded fund’s stock worth $274,359,000 after buying an additional 3,692,744 shares in the last quarter. Morgan Stanley raised its holdings in shares of Invesco Senior Loan ETF by 27.6% during the fourth quarter. Morgan Stanley now owns 12,343,783 shares of the exchange traded fund’s stock valued at $259,219,000 after acquiring an additional 2,670,004 shares during the last quarter. UBS Group AG raised its holdings in shares of Invesco Senior Loan ETF by 24.3% during the fourth quarter. UBS Group AG now owns 10,219,040 shares of the exchange traded fund’s stock valued at $214,600,000 after acquiring an additional 1,996,729 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Invesco Senior Loan ETF by 58.7% in the third quarter. Bank of America Corp DE now owns 9,943,545 shares of the exchange traded fund’s stock valued at $208,118,000 after acquiring an additional 3,678,530 shares in the last quarter.

Invesco Senior Loan ETF Stock Down 0.0%

Shares of NYSEARCA:BKLN opened at $20.38 on Thursday. Invesco Senior Loan ETF has a 1 year low of $20.11 and a 1 year high of $21.07. The business’s 50 day moving average price is $20.44 and its 200-day moving average price is $20.56.

About Invesco Senior Loan ETF

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.