Western Wealth Management LLC Buys 4,702 Shares of The Defiance Quantum ETF $QTUM

Western Wealth Management LLC raised its stake in shares of The Defiance Quantum ETF (NASDAQ:QTUM) by 24.4% during the 4th quarter, Holdings Channel reports. The fund owned 23,942 shares of the company’s stock after purchasing an additional 4,702 shares during the period. Western Wealth Management LLC’s holdings in Defiance Quantum ETF were worth $2,625,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of QTUM. Quadrature Capital Ltd boosted its position in 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 acquiring an additional 168,976 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in Defiance Quantum ETF during the 3rd quarter valued at $8,158,000. NewEdge Advisors LLC boosted its position in Defiance Quantum ETF by 72.9% during the 2nd quarter. NewEdge Advisors LLC now owns 22,321 shares of the company’s stock valued at $2,049,000 after acquiring an additional 9,411 shares in the last quarter. Thoroughbred Financial Services LLC bought a new stake in Defiance Quantum ETF during the 3rd quarter valued at $573,000. Finally, High Point Wealth Management LLC bought a new stake in Defiance Quantum ETF during the 4th quarter valued at $575,000.

Defiance Quantum ETF Price Performance

Defiance Quantum ETF stock opened at $147.88 on Friday. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 24.34 and a beta of 1.31. The Defiance Quantum ETF has a 1-year low of $83.24 and a 1-year high of $148.43. The business has a fifty day moving average price of $120.91 and a 200-day moving average price of $115.93.

Defiance Quantum ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 25th were given a $0.2236 dividend. The ex-dividend date of this dividend was Wednesday, March 25th.

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.