JPMorgan Chase & Co. Invests $3.12 Million in Franklin Municipal Green Bond ETF (NYSEARCA:FLMB)

JPMorgan Chase & Co. bought a new stake in shares of Franklin Municipal Green Bond ETF (NYSEARCA:FLMB) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 127,652 shares of the company’s stock, valued at approximately $3,122,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC lifted its holdings in shares of Franklin Municipal Green Bond ETF by 70.6% during the third quarter. Jane Street Group LLC now owns 24,912 shares of the company’s stock worth $609,000 after buying an additional 10,312 shares during the last quarter. Thrivent Financial for Lutherans bought a new position in Franklin Municipal Green Bond ETF during the second quarter worth $2,741,000. FMR LLC raised its stake in Franklin Municipal Green Bond ETF by 58.6% during the 3rd quarter. FMR LLC now owns 151,487 shares of the company’s stock valued at $3,705,000 after purchasing an additional 55,991 shares during the last quarter. Commonwealth Financial Services LLC boosted its holdings in Franklin Municipal Green Bond ETF by 15.7% in the 3rd quarter. Commonwealth Financial Services LLC now owns 30,812 shares of the company’s stock valued at $753,000 after purchasing an additional 4,182 shares during the period. Finally, Private Advisor Group LLC grew its position in Franklin Municipal Green Bond ETF by 14.3% in the 3rd quarter. Private Advisor Group LLC now owns 51,988 shares of the company’s stock worth $1,272,000 after purchasing an additional 6,500 shares during the last quarter.

Franklin Municipal Green Bond ETF Stock Performance

NYSEARCA:FLMB opened at $23.74 on Monday. The firm’s 50-day moving average is $24.00 and its 200-day moving average is $24.11. Franklin Municipal Green Bond ETF has a 52-week low of $23.04 and a 52-week high of $24.47.

Franklin Municipal Green Bond ETF Profile

The Franklin Municipal Green Bond ETF (FLMB) is an exchange-traded fund that is based on the Bloomberg Municipal Managed Money index. The fund is an actively managed fund that invests primarily in investment-grade municipal bonds, with a broad range in maturities, that intend to finance projects promoting environmental sustainability.