Harbour Investments Inc. Boosts Stock Holdings in Franklin Intelligent Machines ETF (BATS:IQM)

Harbour Investments Inc. raised its holdings in Franklin Intelligent Machines ETF (BATS:IQM) by 9.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,915 shares of the company’s stock after purchasing an additional 332 shares during the quarter. Harbour Investments Inc.’s holdings in Franklin Intelligent Machines ETF were worth $248,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Diversify Advisory Services LLC boosted its stake in shares of Franklin Intelligent Machines ETF by 9.3% in the third quarter. Diversify Advisory Services LLC now owns 8,775 shares of the company’s stock valued at $559,000 after buying an additional 750 shares in the last quarter.

Franklin Intelligent Machines ETF Price Performance

Shares of IQM stock opened at $65.28 on Monday. The business’s fifty day simple moving average is $63.31 and its two-hundred day simple moving average is $61.87. The firm has a market capitalization of $22.85 million, a price-to-earnings ratio of 48.10 and a beta of 1.52.

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.