Diversify Advisory Services LLC Acquires 1,100 Shares of Franklin Intelligent Machines ETF (BATS:IQM)

Diversify Advisory Services LLC grew its position in shares of Franklin Intelligent Machines ETF (BATS:IQM) by 15.9% in the second quarter, Holdings Channel reports. The firm owned 8,025 shares of the company’s stock after purchasing an additional 1,100 shares during the period. Diversify Advisory Services LLC’s holdings in Franklin Intelligent Machines ETF were worth $529,000 at the end of the most recent reporting period.

Franklin Intelligent Machines ETF Trading Down 0.2 %

Franklin Intelligent Machines ETF stock traded down $0.13 during mid-day trading on Friday, hitting $57.95. The company’s stock had a trading volume of 259 shares. The stock has a market cap of $20.28 million, a PE ratio of 48.10 and a beta of 1.52. The business has a 50 day moving average of $62.21 and a 200 day moving average of $58.70.

Franklin Intelligent Machines ETF Profile

The Franklin Intelligent Machines ETF (IQM) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of global equity securities of companies that are relevant to intelligent machines. IQM was launched on Feb 25, 2020 and is managed by Franklin Templeton.