Cadent Capital Advisors LLC Cuts Holdings in Invesco Senior Loan ETF $BKLN

Cadent Capital Advisors LLC trimmed its holdings in Invesco Senior Loan ETF (NYSEARCA:BKLN) by 53.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,665 shares of the exchange traded fund’s stock after selling 12,413 shares during the period. Cadent Capital Advisors LLC’s holdings in Invesco Senior Loan ETF were worth $223,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. purchased a new position in Invesco Senior Loan ETF during the first quarter worth about $46,000. NorthRock Partners LLC acquired a new position in shares of Invesco Senior Loan ETF in the first quarter valued at approximately $61,000. Park Square Financial Group LLC acquired a new position in shares of Invesco Senior Loan ETF in the fourth quarter valued at approximately $62,000. Capital Investment Advisory Services LLC grew its holdings in shares of Invesco Senior Loan ETF by 248.4% in the first quarter. Capital Investment Advisory Services LLC now owns 3,132 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 2,233 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in Invesco Senior Loan ETF by 63.9% in the first quarter. IFP Advisors Inc now owns 3,340 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 1,302 shares during the last quarter.

Invesco Senior Loan ETF Stock Performance

Shares of NYSEARCA:BKLN opened at $20.89 on Friday. Invesco Senior Loan ETF has a twelve month low of $20.02 and a twelve month high of $21.19. The firm has a 50 day simple moving average of $20.93 and a 200-day simple moving average of $20.84.

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.