Apollon Wealth Management LLC Trims Holdings in Invesco Senior Loan ETF $BKLN

Apollon Wealth Management LLC lowered its stake in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 59.5% in the first quarter, Holdings Channel reports. The institutional investor owned 17,249 shares of the exchange traded fund’s stock after selling 25,340 shares during the quarter. Apollon Wealth Management LLC’s holdings in Invesco Senior Loan ETF were worth $352,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in BKLN. Fortitude Family Office LLC boosted its stake in Invesco Senior Loan ETF by 3,123.7% during the 4th quarter. Fortitude Family Office LLC now owns 391,037 shares of the exchange traded fund’s stock valued at $8,212,000 after acquiring an additional 378,907 shares during the last quarter. Exchange Traded Concepts LLC grew its holdings in Invesco Senior Loan ETF by 126.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 155,877 shares of the exchange traded fund’s stock worth $3,273,000 after acquiring an additional 87,191 shares in the last quarter. Assetmark Inc. increased its position in shares of Invesco Senior Loan ETF by 21.5% in the 4th quarter. Assetmark Inc. now owns 4,025,565 shares of the exchange traded fund’s stock worth $84,537,000 after purchasing an additional 713,410 shares during the last quarter. Sage Financial Group Inc. increased its position in shares of Invesco Senior Loan ETF by 320.2% in the 4th quarter. Sage Financial Group Inc. now owns 263,584 shares of the exchange traded fund’s stock worth $5,535,000 after purchasing an additional 200,853 shares during the last quarter. Finally, WCG Wealth Advisors LLC acquired a new stake in shares of Invesco Senior Loan ETF in the 4th quarter valued at about $793,000.

Invesco Senior Loan ETF Stock Performance

Shares of Invesco Senior Loan ETF stock opened at $20.39 on Tuesday. Invesco Senior Loan ETF has a 1 year low of $20.11 and a 1 year high of $21.07. The firm’s 50-day simple moving average is $20.49 and its 200-day simple moving average is $20.61.

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.