Stock Traders Purchase High Volume of Put Options on Invesco Senior Loan ETF (NYSEARCA:BKLN)

Invesco Senior Loan ETF (NYSEARCA:BKLN) was the recipient of unusually large options trading activity on Tuesday. Stock investors bought 40,004 put options on the stock. This represents an increase of 1,039% compared to the average volume of 3,511 put options.

Hedge Funds Weigh In On Invesco Senior Loan ETF

Large investors have recently made changes to their positions in the stock. Future Financial Wealth Managment LLC acquired a new stake in Invesco Senior Loan ETF during the 1st quarter worth approximately $26,000. Newbridge Financial Services Group Inc. acquired a new stake in Invesco Senior Loan ETF during the 1st quarter worth approximately $35,000. Huntington National Bank lifted its holdings in Invesco Senior Loan ETF by 172,000.0% during the 3rd quarter. Huntington National Bank now owns 1,721 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 1,720 shares in the last quarter. RE Dickinson Investment Advisors LLC acquired a new stake in Invesco Senior Loan ETF during the 4th quarter worth approximately $36,000. Finally, Richardson Financial Services Inc. acquired a new stake in Invesco Senior Loan ETF during the 4th quarter worth approximately $42,000.

Invesco Senior Loan ETF Stock Performance

Shares of BKLN stock traded down $0.01 during trading hours on Tuesday, hitting $21.06. The company had a trading volume of 6,225,955 shares, compared to its average volume of 8,981,092. The company’s fifty day moving average is $21.11 and its 200 day moving average is $21.06. Invesco Senior Loan ETF has a fifty-two week low of $20.55 and a fifty-two week high of $21.27.

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.