CIBC Asset Management Inc Purchases 517,684 Shares of Invesco Senior Loan ETF $BKLN

CIBC Asset Management Inc boosted its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 17.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,463,306 shares of the exchange traded fund’s stock after acquiring an additional 517,684 shares during the period. CIBC Asset Management Inc’s holdings in Invesco Senior Loan ETF were worth $72,729,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stance Capital LLC bought a new position in Invesco Senior Loan ETF during the third quarter valued at about $28,000. Elevated Capital Advisors LLC bought a new position in Invesco Senior Loan ETF during the fourth quarter valued at about $30,000. IFP Advisors Inc increased its stake 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 valued at $32,000 after acquiring an additional 981 shares during the period. Flagship Harbor Advisors LLC bought a new position in Invesco Senior Loan ETF during the fourth quarter valued at about $42,000. Finally, Ameriflex Group Inc. boosted its stake in Invesco Senior Loan ETF by 35.3% during the third quarter. Ameriflex Group Inc. now owns 2,316 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 604 shares in the last quarter.

Invesco Senior Loan ETF Stock Performance

BKLN opened at $20.51 on Wednesday. Invesco Senior Loan ETF has a fifty-two week low of $20.11 and a fifty-two week high of $21.07. The firm’s fifty day moving average price is $20.53 and its two-hundred day moving average price is $20.70.

Invesco Senior Loan ETF Company 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.