Invesco Senior Loan ETF Target of Unusually Large Options Trading (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) was the target of unusually large options trading on Tuesday. Investors purchased 12,062 put options on the stock. This is an increase of approximately 5,842% compared to the typical daily volume of 203 put options.

Institutional Trading of Invesco Senior Loan ETF

Several hedge funds have recently added to or reduced their stakes in the business. TD Asset Management Inc. purchased a new position in shares of Invesco Senior Loan ETF during the fourth quarter valued at $392,497,000. Ocean Park Asset Management LLC lifted its position in shares of Invesco Senior Loan ETF by 2,838.3% in the fourth quarter. Ocean Park Asset Management LLC now owns 18,160,609 shares of the exchange traded fund’s stock worth $382,644,000 after buying an additional 17,542,541 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Invesco Senior Loan ETF in the third quarter worth about $346,665,000. Invesco Ltd. lifted its position in shares of Invesco Senior Loan ETF by 17.8% in the fourth quarter. Invesco Ltd. now owns 12,026,978 shares of the exchange traded fund’s stock worth $253,408,000 after buying an additional 1,820,689 shares during the last quarter. Finally, Investment Management Corp of Ontario lifted its position in shares of Invesco Senior Loan ETF by 0.9% in the third quarter. Investment Management Corp of Ontario now owns 10,892,627 shares of the exchange traded fund’s stock worth $228,854,000 after buying an additional 101,849 shares during the last quarter.

Invesco Senior Loan ETF Stock Down 0.0 %

Shares of Invesco Senior Loan ETF stock opened at $20.84 on Thursday. The business’s fifty day moving average price is $21.03 and its two-hundred day moving average price is $21.06. Invesco Senior Loan ETF has a 1-year low of $20.61 and a 1-year high of $21.25.

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.