Strategic Investment Advisors MI Has $23.91 Million Holdings in Invesco Senior Loan ETF $BKLN

Strategic Investment Advisors MI grew its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 22.2% in the 1st quarter, Holdings Channel reports. The fund owned 1,171,384 shares of the exchange traded fund’s stock after purchasing an additional 213,167 shares during the quarter. Invesco Senior Loan ETF comprises 1.7% of Strategic Investment Advisors MI’s portfolio, making the stock its 14th biggest holding. Strategic Investment Advisors MI’s holdings in Invesco Senior Loan ETF were worth $23,910,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Elevated Capital Advisors LLC bought a new position in Invesco Senior Loan ETF during the fourth quarter worth $30,000. Realta Investment Advisors bought a new stake in Invesco Senior Loan ETF in the 1st quarter valued at $31,000. IFP Advisors Inc boosted 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 valued at $32,000 after purchasing an additional 981 shares during the period. Flagship Harbor Advisors LLC bought a new stake in Invesco Senior Loan ETF in the 4th quarter valued at $42,000. Finally, Purpose Unlimited Inc. acquired a new stake in Invesco Senior Loan ETF in the 4th quarter worth $48,000.

Invesco Senior Loan ETF Stock Performance

NYSEARCA:BKLN opened at $20.37 on Thursday. The firm’s 50-day moving average is $20.43 and its 200-day moving average is $20.54. Invesco Senior Loan ETF has a 52-week low of $20.11 and a 52-week 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.