Stock Traders Purchase High Volume of Put Options on Invesco Senior Loan ETF (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) was the target of some unusual options trading activity on Friday. Stock traders acquired 10,085 put options on the company. This is an increase of approximately 107% compared to the typical volume of 4,863 put options.

Invesco Senior Loan ETF Price Performance

NYSEARCA BKLN traded up $0.01 during mid-day trading on Friday, reaching $20.48. 3,277,628 shares of the stock were exchanged, compared to its average volume of 15,983,864. Invesco Senior Loan ETF has a one year low of $20.11 and a one year high of $21.07. The stock has a 50 day simple moving average of $20.46 and a 200-day simple moving average of $20.58.

Institutional Investors Weigh In On Invesco Senior Loan ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Stance Capital LLC bought a new stake in Invesco Senior Loan ETF during the 3rd quarter worth approximately $28,000. Elevated Capital Advisors LLC purchased a new position in shares of Invesco Senior Loan ETF during the fourth quarter valued at approximately $30,000. IFP Advisors Inc grew its holdings 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 buying an additional 981 shares in the last quarter. Realta Investment Advisors purchased a new stake in Invesco Senior Loan ETF in the 1st quarter valued at $31,000. Finally, Flagship Harbor Advisors LLC bought a new position in Invesco Senior Loan ETF during the 4th quarter valued at $42,000.

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.