JPMorgan Chase & Co. Has $2.54 Million Stock Holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN)

JPMorgan Chase & Co. increased its stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF (NYSEARCA:FLRN) by 131.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,305 shares of the company’s stock after buying an additional 46,715 shares during the period. JPMorgan Chase & Co. owned 0.11% of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF worth $2,539,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. bought a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the second quarter valued at about $26,000. First Horizon Advisors Inc. bought a new stake in shares of SPDR Bloomberg Barclays Investment Grade Floating Rate ETF during the third quarter worth approximately $34,000. Future Financial Wealth Managment LLC acquired a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the third quarter valued at approximately $68,000. Centennial Bank AR bought a new position in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF in the third quarter valued at approximately $139,000. Finally, Private Trust Co. NA grew its holdings in SPDR Bloomberg Barclays Investment Grade Floating Rate ETF by 33.3% during the 3rd quarter. Private Trust Co. NA now owns 13,617 shares of the company’s stock worth $420,000 after acquiring an additional 3,401 shares during the period.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Price Performance

FLRN stock opened at $30.83 on Tuesday. SPDR Bloomberg Barclays Investment Grade Floating Rate ETF has a twelve month low of $30.32 and a twelve month high of $30.88. The business’s fifty day moving average is $30.77 and its 200-day moving average is $30.77.

SPDR Bloomberg Barclays Investment Grade Floating Rate ETF Profile

The SPDR Bloomberg Investment Grade Floating Rate ETF (FLRN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of USD-denominated, investment-grade floating rate notes. Securities must have between 1 month and 5 years until maturity. FLRN was launched on Nov 30, 2011 and is managed by State Street.