The Defiance Quantum ETF $QTUM Shares Acquired by Fiduciary Alliance LLC

Fiduciary Alliance LLC grew its holdings in The Defiance Quantum ETF (NASDAQ:QTUM) by 147.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,803 shares of the company’s stock after acquiring an additional 4,057 shares during the period. Fiduciary Alliance LLC’s holdings in Defiance Quantum ETF were worth $730,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC bought a new position in Defiance Quantum ETF during the 3rd quarter worth approximately $8,158,000. High Point Wealth Management LLC bought a new stake in shares of Defiance Quantum ETF in the 4th quarter worth approximately $575,000. Western Wealth Management LLC increased its position in Defiance Quantum ETF by 24.4% in the fourth quarter. Western Wealth Management LLC now owns 23,942 shares of the company’s stock worth $2,625,000 after buying an additional 4,702 shares during the period. Thoroughbred Financial Services LLC acquired a new stake in shares of Defiance Quantum ETF in the 3rd quarter worth about $573,000. Finally, Financial Freedom LLC increased its stake in shares of Defiance Quantum ETF by 29.8% in the fourth quarter. Financial Freedom LLC now owns 21,358 shares of the company’s stock valued at $2,342,000 after purchasing an additional 4,909 shares during the period.

Defiance Quantum ETF Price Performance

QTUM opened at $155.97 on Friday. The Defiance Quantum ETF has a 12 month low of $89.23 and a 12 month high of $170.00. The stock has a market cap of $4.98 billion, a P/E ratio of 24.34 and a beta of 1.35. The stock’s 50 day moving average price is $149.56 and its 200 day moving average price is $126.43.

Defiance Quantum ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 25th. Shareholders of record on Wednesday, June 24th were issued a $0.2699 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This is a positive change from Defiance Quantum ETF’s previous dividend of $0.22.

Defiance Quantum ETF 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.