Franklin Intelligent Machines ETF (BATS:IQM) Shares Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC boosted its holdings in shares of Franklin Intelligent Machines ETF (BATS:IQM) by 4.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,175 shares of the company’s stock after purchasing an additional 400 shares during the period. Diversify Advisory Services LLC owned about 2.62% of Franklin Intelligent Machines ETF worth $619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Sanctuary Advisors LLC purchased a new position in shares of Franklin Intelligent Machines ETF during the 3rd quarter valued at about $350,000.

Franklin Intelligent Machines ETF Stock Up 6.3 %

Shares of IQM opened at $71.38 on Wednesday. The stock has a market capitalization of $24.98 million, a P/E ratio of 48.10 and a beta of 1.52. The business has a 50 day moving average of $68.07 and a 200-day moving average of $64.23.

About Franklin Intelligent Machines ETF

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.