Invesco Senior Loan ETF (NYSEARCA:BKLN) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Invesco Senior Loan ETF (NYSEARCA:BKLNGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $20.43 and traded as high as $20.60. Invesco Senior Loan ETF shares last traded at $20.57, with a volume of 7,229,833 shares.

Invesco Senior Loan ETF Stock Performance

The firm’s 50 day simple moving average is $20.44 and its 200-day simple moving average is $20.49.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BKLN. WCG Wealth Advisors LLC bought a new position in shares of Invesco Senior Loan ETF during the 4th quarter valued at $793,000. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Invesco Senior Loan ETF by 13.0% in the fourth quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 32,787,987 shares of the exchange traded fund’s stock worth $688,548,000 after purchasing an additional 3,776,000 shares in the last quarter. Kingsview Wealth Management LLC increased its position in Invesco Senior Loan ETF by 28.1% during the fourth quarter. Kingsview Wealth Management LLC now owns 294,435 shares of the exchange traded fund’s stock worth $6,183,000 after buying an additional 64,637 shares during the last quarter. Horizon Wealth Management LLC acquired a new position in Invesco Senior Loan ETF during the first quarter worth $9,344,000. Finally, Valpey Financial Services LLC raised its holdings in Invesco Senior Loan ETF by 2,109.5% during the fourth quarter. Valpey Financial Services LLC now owns 2,476,445 shares of the exchange traded fund’s stock valued at $52,005,000 after buying an additional 2,364,365 shares in the last quarter.

About Invesco Senior Loan ETF

(Get Free Report)

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.

Further Reading

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