JPMorgan Chase & Co. Has $1.08 Million Stock Holdings in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO)

JPMorgan Chase & Co. raised its stake in Franklin Investment Grade Corporate ETF (NYSEARCA:FLCO) by 13,393.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 48,713 shares of the company’s stock after buying an additional 48,352 shares during the period. JPMorgan Chase & Co.’s holdings in Franklin Investment Grade Corporate ETF were worth $1,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of FLCO. Franklin Resources Inc. boosted its stake in Franklin Investment Grade Corporate ETF by 77.3% in the 3rd quarter. Franklin Resources Inc. now owns 16,526,553 shares of the company’s stock valued at $359,370,000 after purchasing an additional 7,207,665 shares during the period. Hantz Financial Services Inc. lifted its holdings in shares of Franklin Investment Grade Corporate ETF by 19.8% during the third quarter. Hantz Financial Services Inc. now owns 3,753,330 shares of the company’s stock worth $82,931,000 after buying an additional 621,032 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of Franklin Investment Grade Corporate ETF by 119,623.8% in the third quarter. International Assets Investment Management LLC now owns 663,270 shares of the company’s stock valued at $14,655,000 after acquiring an additional 662,716 shares during the period. Benjamin Edwards Inc. acquired a new position in shares of Franklin Investment Grade Corporate ETF in the third quarter valued at about $5,357,000. Finally, Sanctuary Advisors LLC increased its position in Franklin Investment Grade Corporate ETF by 1,942.2% during the third quarter. Sanctuary Advisors LLC now owns 234,182 shares of the company’s stock worth $5,000,000 after acquiring an additional 222,715 shares during the period.

Franklin Investment Grade Corporate ETF Price Performance

NYSEARCA FLCO opened at $21.15 on Friday. The firm has a 50-day moving average price of $21.26 and a two-hundred day moving average price of $21.54. Franklin Investment Grade Corporate ETF has a 12-month low of $20.60 and a 12-month high of $22.25.

About Franklin Investment Grade Corporate ETF

The Franklin Investment Grade Corporate ETF (FLCO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed fund that uses a combined top-down and bottom-up approach to select investment-grade USD-denominated bonds without a duration target. FLCO was launched on Oct 3, 2016 and is managed by Franklin Templeton.