Ocean Park Asset Management LLC Grows Stock Position in Invesco Senior Loan ETF $BKLN

Ocean Park Asset Management LLC lifted its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 99.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,573,158 shares of the exchange traded fund’s stock after acquiring an additional 3,778,281 shares during the quarter. Invesco Senior Loan ETF accounts for approximately 7.7% of Ocean Park Asset Management LLC’s holdings, making the stock its 5th largest position. Ocean Park Asset Management LLC owned 2.43% of Invesco Senior Loan ETF worth $154,568,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Focus Partners Wealth lifted its stake in Invesco Senior Loan ETF by 553.5% during the first quarter. Focus Partners Wealth now owns 45,753 shares of the exchange traded fund’s stock worth $947,000 after purchasing an additional 38,752 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Invesco Senior Loan ETF in the second quarter worth $1,059,000. Sei Investments Co. increased its stake in Invesco Senior Loan ETF by 2.1% during the second quarter. Sei Investments Co. now owns 2,980,790 shares of the exchange traded fund’s stock valued at $62,356,000 after purchasing an additional 61,995 shares during the last quarter. Ausdal Financial Partners Inc. increased its stake in Invesco Senior Loan ETF by 0.9% during the second quarter. Ausdal Financial Partners Inc. now owns 194,518 shares of the exchange traded fund’s stock valued at $4,069,000 after purchasing an additional 1,809 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in Invesco Senior Loan ETF by 32.2% during the second quarter. Bank of America Corp DE now owns 6,265,015 shares of the exchange traded fund’s stock valued at $131,064,000 after purchasing an additional 1,526,209 shares during the last quarter.

Invesco Senior Loan ETF Price Performance

Shares of NYSEARCA:BKLN opened at $20.46 on Monday. The company’s fifty day moving average is $20.53 and its two-hundred day 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.