Invesco Senior Loan ETF Sees Unusually High Options Volume (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) saw unusually large options trading on Friday. Traders bought 10,085 put options on the company. This is an increase of 107% compared to the average volume of 4,863 put options.

Invesco Senior Loan ETF Trading Up 0.0%

Shares of BKLN stock opened at $20.48 on Friday. The business’s 50 day simple moving average is $20.46 and its 200 day simple moving average is $20.58. Invesco Senior Loan ETF has a one year low of $20.11 and a one year high of $21.07.

Institutional Investors Weigh In On Invesco Senior Loan ETF

Several large investors have recently modified their holdings of BKLN. FORM Wealth Advisors LLC raised its stake in Invesco Senior Loan ETF by 70.4% during the second quarter. FORM Wealth Advisors LLC now owns 533,675 shares of the exchange traded fund’s stock worth $10,871,000 after buying an additional 220,448 shares during the last quarter. Fiduciary Financial Group LLC boosted its position in Invesco Senior Loan ETF by 15.4% during the second quarter. Fiduciary Financial Group LLC now owns 163,389 shares of the exchange traded fund’s stock valued at $3,328,000 after acquiring an additional 21,769 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in Invesco Senior Loan ETF by 17.9% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 715,314 shares of the exchange traded fund’s stock worth $14,571,000 after acquiring an additional 108,703 shares during the period. Wealthcare Capital Partners LLC grew its holdings in Invesco Senior Loan ETF by 11.4% during the 2nd quarter. Wealthcare Capital Partners LLC now owns 36,902 shares of the exchange traded fund’s stock worth $752,000 after acquiring an additional 3,778 shares during the period. Finally, Wealthcare Capital Management LLC raised its position in shares of Invesco Senior Loan ETF by 13.8% in the 2nd quarter. Wealthcare Capital Management LLC now owns 41,537 shares of the exchange traded fund’s stock worth $846,000 after acquiring an additional 5,022 shares in the last quarter.

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.