Investors Purchase Large Volume of Put Options on Invesco Senior Loan ETF (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) saw unusually large options trading on Friday. Stock traders bought 10,085 put options on the company. This represents an increase of 107% compared to the typical daily volume of 4,863 put options.

Invesco Senior Loan ETF Stock Performance

BKLN opened at $20.48 on Friday. Invesco Senior Loan ETF has a 52 week low of $20.11 and a 52 week high of $21.07. The business has a fifty day simple moving average of $20.46 and a 200-day simple moving average of $20.58.

Hedge Funds Weigh In On Invesco Senior Loan ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Stance Capital LLC purchased a new stake in Invesco Senior Loan ETF during the third quarter worth about $28,000. Elevated Capital Advisors LLC purchased a new position in shares of Invesco Senior Loan ETF in the fourth quarter valued at approximately $30,000. Realta Investment Advisors purchased a new position in shares of Invesco Senior Loan ETF in the first quarter valued at approximately $31,000. IFP Advisors Inc boosted its stake in shares of Invesco Senior Loan ETF by 187.9% in the fourth quarter. IFP Advisors Inc now owns 1,503 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 981 shares during the period. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Invesco Senior Loan ETF in the fourth quarter valued at approximately $42,000.

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.