Janney Montgomery Scott LLC has increased its stock holdings in the Invesco Senior Loan ETF (NYSEARCA:BKLN).

January 29, 2025 12:29 AM PST | By Team Kalkine Media

Janney Montgomery Scott LLC has increased its stock holdings in the Invesco Senior Loan ETF (NYSEARCA:BKLN). — Image source: Shutterstock

Institutional Investment Moves

In the latest developments reported to the Securities and Exchange Commission, Janney Montgomery Scott LLC boosted its ownership in Invesco Senior Loan ETF (NYSEARCA:BKLN) by purchasing an additional 14,745 shares during the fourth quarter. This brought the firm's total holdings to 285,161 shares, amounting to approximately 0.08% of the ETF, valued at $6,008,000. This activity reflects a broader trend among institutional investors and hedge funds to reevaluate and adjust their positions in the ETF.

Major Institutional Changes

The Healthcare of Ontario Pension Plan Trust Fund made a substantial entry by acquiring a new position in Invesco Senior Loan ETF in the third quarter, with investments valued at $346,665,000. In addition, Investment Management Corp of Ontario increased its stake by 0.9%, owning 10,892,627 shares valued at $228,854,000. Another notable movement was by The Manufacturers Life Insurance Company, which raised its stake by 4.8%, reaching 10,085,313 shares worth $211,892,000.

Invesco Senior Loan ETF's Market Position

Invesco Senior Loan ETF opened at $21.05 and has shown stable performance with a 50-day moving average price of $21.10 and a two-hundred-day moving average price of $21.06. The ETF’s price has fluctuated within a 52-week range, recording a low of $20.61 and a high of $21.25. Launched on March 3, 2011, and managed by Invesco, the ETF primarily invests in high-yield fixed income and follows a market-value-weighted index of senior loans issued by banks to corporations.

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