Harbour Investments Inc. boosted its stake in Franklin Intelligent Machines ETF (BATS:IQM – Free Report) by 17.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,680 shares of the company’s stock after acquiring an additional 689 shares during the quarter. Harbour Investments Inc.’s holdings in Franklin Intelligent Machines ETF were worth $207,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in shares of Franklin Intelligent Machines ETF by 106.1% in the first quarter. Jane Street Group LLC now owns 57,089 shares of the company’s stock valued at $2,516,000 after acquiring an additional 29,385 shares during the last quarter. Osaic Holdings Inc. increased its position in shares of Franklin Intelligent Machines ETF by 117.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,245 shares of the company’s stock worth $159,000 after purchasing an additional 1,750 shares during the last quarter. Finally, UBS Group AG bought a new stake in shares of Franklin Intelligent Machines ETF during the 3rd quarter worth approximately $64,000.
Franklin Intelligent Machines ETF Trading Down 1.5 %
BATS IQM opened at $57.78 on Thursday. The firm has a market cap of $17.33 million, a P/E ratio of 30.87 and a beta of 1.41. The firm has a 50 day moving average of $54.10 and a 200 day moving average of $49.04.
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.
Further Reading
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