Black Swift Group Reduces Invesco Senior Loan ETF Holdings by 71%

Black Swift Group LLC has significantly reduced its stake in the Invesco Senior Loan ETF (NYSEARCA: BKLN) by selling 82,450 shares during the second quarter of 2023. According to the firm’s latest filing with the Securities and Exchange Commission, this transaction decreased its holdings by 71.0%, leaving it with 33,725 shares valued at approximately $706,000.

Several other institutional investors have also adjusted their positions in the Invesco Senior Loan ETF recently. For instance, Cullen Frost Bankers Inc. increased its investment by 1.1% during the first quarter, acquiring an additional 505 shares to bring its total holdings to 46,135 shares, worth $955,000. Similarly, Blair William & Co. IL raised its stake by 2.8% in the second quarter, now owning 21,113 shares valued at $442,000 after purchasing an extra 578 shares.

In addition, Naples Global Advisors LLC expanded its position by 4.8%, acquiring 700 shares during the same period to hold 15,335 shares worth $321,000. PFG Investments LLC also increased its investment by 4.3% by purchasing 701 shares, bringing its total to 16,894 shares worth $353,000. Finally, Ameritas Advisory Services LLC raised its stake by 2.5%, now owning 29,620 shares valued at $620,000 after acquiring an additional 709 shares.

Current Performance of Invesco Senior Loan ETF

As of Thursday, BKLN shares opened at $20.91. The exchange-traded fund’s fifty-day moving average price stands at $20.91, while its two-hundred day moving average price is at $20.89. The Invesco Senior Loan ETF has experienced a fifty-two-week low of $20.02 and a high of $21.19.

The Invesco Senior Loan ETF primarily invests in high-yield fixed income, tracking a market-value-weighted index of senior loans issued by banks to corporations. Launched on March 3, 2011, the fund is managed by Invesco.

For those interested in the latest movements by other hedge funds regarding the Invesco Senior Loan ETF, resources such as HoldingsChannel.com provide insights into recent 13F filings and insider trades. Additionally, MarketBeat.com offers a free daily email newsletter summarizing the latest news and analysts’ ratings for the ETF and related companies.