Founders Financial Securities LLC Has $3.41 Million Stake in Invesco Senior Loan ETF $BKLN

Founders Financial Securities LLC boosted its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 75.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 162,211 shares of the exchange traded fund’s stock after purchasing an additional 69,594 shares during the period. Founders Financial Securities LLC’s holdings in Invesco Senior Loan ETF were worth $3,406,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of BKLN. Stance Capital LLC bought a new stake in Invesco Senior Loan ETF during the third quarter valued at $28,000. Elevated Capital Advisors LLC bought a new stake in Invesco Senior Loan ETF during the fourth quarter valued at $30,000. IFP Advisors Inc boosted its position in Invesco Senior Loan ETF by 187.9% during the fourth quarter. IFP Advisors Inc now owns 1,503 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 981 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in Invesco Senior Loan ETF during the fourth quarter valued at $42,000. Finally, Ameriflex Group Inc. boosted its position in Invesco Senior Loan ETF by 35.3% during the third quarter. Ameriflex Group Inc. now owns 2,316 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 604 shares during the last quarter.

Invesco Senior Loan ETF Stock Down 0.1%

Shares of BKLN opened at $20.47 on Friday. The firm’s fifty day simple moving average is $20.53 and its two-hundred day simple moving average is $20.71. Invesco Senior Loan ETF has a 12 month low of $20.11 and a 12 month high of $21.07.

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.