Investors Buy High Volume of Put Options on Invesco Senior Loan ETF (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) saw some unusual options trading on Thursday. Investors purchased 10,000 put options on the stock. This is an increase of approximately 525% compared to the typical daily volume of 1,599 put options.

Invesco Senior Loan ETF Stock Performance

Shares of NYSEARCA BKLN opened at $21.14 on Friday. The stock’s 50 day moving average price is $21.01 and its 200-day moving average price is $21.08. Invesco Senior Loan ETF has a twelve month low of $20.61 and a twelve month high of $21.25.

Hedge Funds Weigh In On Invesco Senior Loan ETF

Several institutional investors have recently bought and sold shares of the company. Future Financial Wealth Managment LLC purchased a new position in Invesco Senior Loan ETF in the 1st quarter valued at approximately $26,000. Lynx Investment Advisory purchased a new position in Invesco Senior Loan ETF during the 2nd quarter valued at about $29,000. SouthState Corp grew its holdings in Invesco Senior Loan ETF by 167.3% during the 2nd quarter. SouthState Corp now owns 1,363 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 853 shares in the last quarter. RE Dickinson Investment Advisors LLC purchased a new stake in shares of Invesco Senior Loan ETF in the fourth quarter worth about $36,000. Finally, Bell Investment Advisors Inc boosted its position in shares of Invesco Senior Loan ETF by 41.7% in the first quarter. Bell Investment Advisors Inc now owns 1,683 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 495 shares during the period.

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.