Sequoia Financial Advisors LLC Sells 45,647 Shares of Invesco Senior Loan ETF $BKLN

Sequoia Financial Advisors LLC trimmed its stake in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 65.3% during the 4th quarter, HoldingsChannel reports. The fund owned 24,241 shares of the exchange traded fund’s stock after selling 45,647 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco Senior Loan ETF were worth $509,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. UBS Group AG boosted its holdings in Invesco Senior Loan ETF by 24.3% in the fourth quarter. UBS Group AG now owns 10,219,040 shares of the exchange traded fund’s stock worth $214,600,000 after acquiring an additional 1,996,729 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Invesco Senior Loan ETF by 58.7% in the third quarter. Bank of America Corp DE now owns 9,943,545 shares of the exchange traded fund’s stock worth $208,118,000 after purchasing an additional 3,678,530 shares during the last quarter. 1607 Capital Partners LLC raised its stake in shares of Invesco Senior Loan ETF by 3.2% in the third quarter. 1607 Capital Partners LLC now owns 4,363,200 shares of the exchange traded fund’s stock worth $91,322,000 after purchasing an additional 134,500 shares during the last quarter. Diversify Advisory Services LLC raised its stake in shares of Invesco Senior Loan ETF by 1.0% in the fourth quarter. Diversify Advisory Services LLC now owns 4,321,772 shares of the exchange traded fund’s stock worth $91,017,000 after purchasing an additional 42,845 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in shares of Invesco Senior Loan ETF by 28.6% in the third quarter. Ameriprise Financial Inc. now owns 4,160,929 shares of the exchange traded fund’s stock worth $87,101,000 after purchasing an additional 925,785 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

BKLN stock opened at $20.61 on Friday. Invesco Senior Loan ETF has a 1-year low of $20.11 and a 1-year high of $21.07. The business has a fifty day moving average price of $20.53 and a 200-day moving average price of $20.74.

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.