Founders Financial Securities LLC Sells 87,170 Shares of Invesco Senior Loan ETF $BKLN

Founders Financial Securities LLC lowered its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 53.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,041 shares of the exchange traded fund’s stock after selling 87,170 shares during the quarter. Founders Financial Securities LLC’s holdings in Invesco Senior Loan ETF were worth $1,543,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Purpose Unlimited Inc. acquired a new stake in Invesco Senior Loan ETF in the 4th quarter worth about $48,000. Rockefeller Capital Management L.P. grew its position in shares of Invesco Senior Loan ETF by 32.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,652,139 shares of the exchange traded fund’s stock worth $55,695,000 after purchasing an additional 652,908 shares in the last quarter. Winthrop Partners WNY LLC bought a new position in shares of Invesco Senior Loan ETF during the fourth quarter worth approximately $3,289,000. Valpey Financial Services LLC raised its position in shares of Invesco Senior Loan ETF by 5.2% in the fourth quarter. Valpey Financial Services LLC now owns 117,926 shares of the exchange traded fund’s stock valued at $2,476,000 after buying an additional 5,846 shares in the last quarter. Finally, Tempo Wealth LLC bought a new stake in shares of Invesco Senior Loan ETF in the fourth quarter valued at approximately $2,318,000.

Invesco Senior Loan ETF Price Performance

Shares of NYSEARCA:BKLN opened at $20.46 on Monday. The business’s 50 day simple moving average is $20.53 and its 200 day simple moving average is $20.66. Invesco Senior Loan ETF has a 1 year low of $20.11 and a 1 year 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.