Horizon Wealth Management LLC Takes $9.34 Million Position in Invesco Senior Loan ETF $BKLN

Horizon Wealth Management LLC purchased a new position in Invesco Senior Loan ETF (NYSEARCA:BKLN) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 457,808 shares of the exchange traded fund’s stock, valued at approximately $9,344,000. Invesco Senior Loan ETF comprises approximately 1.4% of Horizon Wealth Management LLC’s portfolio, making the stock its 28th largest position. Horizon Wealth Management LLC owned 0.14% of Invesco Senior Loan ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in BKLN. Stance Capital LLC purchased a new position in Invesco Senior Loan ETF in the 3rd quarter valued at $28,000. Elevated Capital Advisors LLC acquired a new stake in shares of Invesco Senior Loan ETF in the fourth quarter valued at about $30,000. Realta Investment Advisors purchased a new position in shares of Invesco Senior Loan ETF in the first quarter worth about $31,000. 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 worth $32,000 after acquiring an additional 981 shares during the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in Invesco Senior Loan ETF during the 4th quarter valued at about $42,000.

Invesco Senior Loan ETF Trading Down 0.0%

BKLN stock opened at $20.36 on Thursday. The firm has a 50-day moving average of $20.50 and a two-hundred day moving average of $20.62. 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.