Icon Advisers Inc. Co. Cuts Holdings in Invesco Senior Loan ETF $BKLN

Icon Advisers Inc. Co. lowered its position in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 78.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 22,733 shares of the exchange traded fund’s stock after selling 84,966 shares during the period. Icon Advisers Inc. Co.’s holdings in Invesco Senior Loan ETF were worth $464,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Elevated Capital Advisors LLC acquired a new stake in shares of Invesco Senior Loan ETF during the 4th quarter valued at about $30,000. IFP Advisors Inc raised its holdings in Invesco Senior Loan ETF by 187.9% in the 4th quarter. IFP Advisors Inc now owns 1,503 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 981 shares during the period. Realta Investment Advisors acquired a new position in Invesco Senior Loan ETF in the 1st quarter worth about $31,000. Flagship Harbor Advisors LLC purchased a new position in Invesco Senior Loan ETF during the fourth quarter worth approximately $42,000. Finally, Purpose Unlimited Inc. purchased a new position in Invesco Senior Loan ETF during the fourth quarter worth approximately $48,000.

Invesco Senior Loan ETF Price Performance

Shares of BKLN opened at $20.38 on Thursday. Invesco Senior Loan ETF has a 12 month low of $20.11 and a 12 month high of $21.07. The stock’s 50 day moving average is $20.44 and its two-hundred day moving average is $20.56.

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.