Millennium Management LLC Lowers Stock Position in Invesco Senior Loan ETF (NYSEARCA:BKLN)

Millennium Management LLC cut its position in shares of Invesco Senior Loan ETF (NYSEARCA:BKLN) by 94.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 113,801 shares of the exchange traded fund’s stock after selling 1,871,550 shares during the period. Millennium Management LLC’s holdings in Invesco Senior Loan ETF were worth $2,398,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Liberty Mutual Group Asset Management Inc. purchased a new stake in Invesco Senior Loan ETF during the fourth quarter worth $105,350,000. Little Harbor Advisors LLC lifted its holdings in Invesco Senior Loan ETF by 5.6% during the fourth quarter. Little Harbor Advisors LLC now owns 345,705 shares of the exchange traded fund’s stock valued at $7,284,000 after purchasing an additional 18,195 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in Invesco Senior Loan ETF during the fourth quarter valued at $4,214,000. Global Assets Advisory LLC purchased a new position in Invesco Senior Loan ETF during the fourth quarter valued at $367,000. Finally, Granby Capital Management LLC lifted its holdings in Invesco Senior Loan ETF by 10.5% during the fourth quarter. Granby Capital Management LLC now owns 685,000 shares of the exchange traded fund’s stock valued at $14,433,000 after purchasing an additional 65,000 shares in the last quarter.

Invesco Senior Loan ETF Price Performance

NYSEARCA:BKLN opened at $20.85 on Monday. The company’s 50-day moving average price is $20.69 and its 200-day moving average price is $20.91. Invesco Senior Loan ETF has a twelve month low of $20.02 and a twelve month high of $21.21.

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.