1,397,227 Shares in Invesco Senior Loan ETF (NYSEARCA:BKLN) Bought by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 1,397,227 shares of the exchange traded fund’s stock, valued at approximately $29,440,000.

Several other institutional investors have also bought and sold shares of BKLN. McClarren Financial Advisors Inc. grew its holdings in Invesco Senior Loan ETF by 5,971.4% during the fourth quarter. McClarren Financial Advisors Inc. now owns 1,275 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 1,254 shares in the last quarter. Avior Wealth Management LLC bought a new stake in Invesco Senior Loan ETF during the third quarter worth $28,000. Continuum Advisory LLC boosted its position in Invesco Senior Loan ETF by 1,068.9% in the third quarter. Continuum Advisory LLC now owns 2,139 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 1,956 shares during the last quarter. SouthState Corp boosted its position in Invesco Senior Loan ETF by 73.9% in the third quarter. SouthState Corp now owns 2,370 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 1,007 shares during the last quarter. Finally, Golden State Wealth Management LLC purchased a new position in Invesco Senior Loan ETF in the fourth quarter worth $52,000.

Invesco Senior Loan ETF Price Performance

BKLN stock opened at $20.81 on Friday. The stock’s fifty day simple moving average is $21.02 and its two-hundred day simple moving average is $21.05. Invesco Senior Loan ETF has a 1-year low of $20.61 and a 1-year high of $21.24.

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.