Sanctuary Advisors LLC Acquires Shares of 5,173 Franklin Intelligent Machines ETF (BATS:IQM)

Sanctuary Advisors LLC acquired a new stake in shares of Franklin Intelligent Machines ETF (BATS:IQM) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,173 shares of the company’s stock, valued at approximately $350,000. Sanctuary Advisors LLC owned approximately 1.48% of Franklin Intelligent Machines ETF as of its most recent SEC filing.

Separately, Harbour Investments Inc. raised its position in shares of Franklin Intelligent Machines ETF by 5.6% during the 2nd quarter. Harbour Investments Inc. now owns 3,583 shares of the company’s stock worth $227,000 after purchasing an additional 190 shares during the period.

Franklin Intelligent Machines ETF Stock Down 1.8 %

BATS:IQM opened at $68.44 on Friday. The firm has a market cap of $23.95 million, a price-to-earnings ratio of 48.10 and a beta of 1.52. The firm’s 50-day moving average is $66.88 and its 200 day moving average is $63.72.

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.