(IQM) Franklin Templeton Trust - Ratings and Ratios

The Franklin Templeton ETF Trust - Franklin Intelligent Machines ETF (BATS:IQM) is designed to provide exposure to companies involved in the development and implementation of intelligent machines, including artificial intelligence, robotics, and automation technologies. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme. These companies may include those involved in areas such as machine learning, natural language processing, computer vision, and autonomous systems. The fund predominantly invests in common stocks and may invest across various economic sectors, but it is expected to have significant exposure to the technology sector, given the nature of its investment theme. The fund is non-diversified, meaning it may invest a significant portion of its assets in a limited number of issuers, which can increase its volatility.

As of the latest available data, the fund has an average trading volume of 3,827 shares over the past 20 days, indicating relatively low liquidity compared to more actively traded ETFs. Its last price was $59.25, which is below its short-term and long-term moving averages, suggesting bearish momentum. The funds assets under management (AUM) total $27.72 million, which is relatively small compared to other ETFs in the technology category. This smaller size can result in higher volatility and potentially wider bid-ask spreads for investors.