Traders Purchase Large Volume of Invesco Senior Loan ETF Put Options (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) saw unusually large options trading activity on Monday. Traders bought 21,048 put options on the company. This represents an increase of 1,143% compared to the typical volume of 1,694 put options.

Institutional Trading of Invesco Senior Loan ETF

Large investors have recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC boosted its stake in shares of Invesco Senior Loan ETF by 13.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 25,234 shares of the exchange traded fund’s stock worth $532,000 after acquiring an additional 2,939 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Invesco Senior Loan ETF by 5.5% during the 4th quarter. Janney Montgomery Scott LLC now owns 285,161 shares of the exchange traded fund’s stock valued at $6,008,000 after purchasing an additional 14,745 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Invesco Senior Loan ETF by 2.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 84,099 shares of the exchange traded fund’s stock worth $1,767,000 after purchasing an additional 1,940 shares during the period. Blue Trust Inc. acquired a new position in shares of Invesco Senior Loan ETF in the fourth quarter valued at $117,000. Finally, Principal Securities Inc. raised its position in shares of Invesco Senior Loan ETF by 9.9% in the fourth quarter. Principal Securities Inc. now owns 11,047 shares of the exchange traded fund’s stock valued at $233,000 after purchasing an additional 997 shares during the period.

Invesco Senior Loan ETF Stock Down 0.0 %

NYSEARCA:BKLN opened at $20.70 on Tuesday. Invesco Senior Loan ETF has a twelve month low of $20.61 and a twelve month high of $21.24. The stock’s 50 day moving average price is $20.94 and its two-hundred day moving average price is $21.04.

Invesco Senior Loan ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a dividend of $0.1078 per share. The ex-dividend date was Monday, March 24th.

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.