Financial Freedom LLC Buys 4,909 Shares of The Defiance Quantum ETF $QTUM

Financial Freedom LLC lifted its stake in shares of The Defiance Quantum ETF (NASDAQ:QTUM) by 29.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,358 shares of the company’s stock after purchasing an additional 4,909 shares during the quarter. Defiance Quantum ETF accounts for about 1.2% of Financial Freedom LLC’s portfolio, making the stock its 28th largest position. Financial Freedom LLC owned about 0.07% of Defiance Quantum ETF worth $2,342,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flow Traders U.S. LLC bought a new stake in shares of Defiance Quantum ETF during the 3rd quarter valued at approximately $8,158,000. Western Wealth Management LLC grew its holdings in shares of Defiance Quantum ETF by 24.4% during the 4th quarter. Western Wealth Management LLC now owns 23,942 shares of the company’s stock valued at $2,625,000 after purchasing an additional 4,702 shares during the last quarter. High Point Wealth Management LLC bought a new stake in shares of Defiance Quantum ETF during the 4th quarter valued at approximately $575,000. Thoroughbred Financial Services LLC bought a new stake in shares of Defiance Quantum ETF during the 3rd quarter valued at approximately $573,000. Finally, Quadrature Capital Ltd grew its holdings in shares of Defiance Quantum ETF by 316.0% during the 3rd quarter. Quadrature Capital Ltd now owns 222,448 shares of the company’s stock valued at $23,333,000 after purchasing an additional 168,976 shares during the last quarter.

Defiance Quantum ETF Trading Down 3.4%

Shares of Defiance Quantum ETF stock opened at $162.28 on Wednesday. The Defiance Quantum ETF has a 1 year low of $86.45 and a 1 year high of $170.00. The firm has a market capitalization of $5.18 billion, a PE ratio of 24.34 and a beta of 1.35. The firm’s 50 day moving average is $142.12 and its 200 day moving average is $123.55.

Defiance Quantum ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 26th. Shareholders of record on Wednesday, March 25th were issued a dividend of $0.2236 per share. The ex-dividend date of this dividend was Wednesday, March 25th.

Defiance Quantum ETF Company Profile

The Defiance Quantum ETF (QTUM) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an adjusted-equal-weighted index of companies involved in the research and development of quantum computers. QTUM was launched on Sep 5, 2018 and is managed by Defiance.