The Defiance Quantum ETF $QTUM Stock Holdings Lifted by Fiduciary Alliance LLC

Fiduciary Alliance LLC increased its position in The Defiance Quantum ETF (NASDAQ:QTUM) by 147.7% in the first quarter, HoldingsChannel reports. 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 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Flow Traders U.S. LLC purchased a new position in shares of Defiance Quantum ETF during the third quarter valued at $8,158,000. High Point Wealth Management LLC acquired a new position in shares of Defiance Quantum ETF in the 4th quarter valued at about $575,000. Western Wealth Management LLC increased its holdings in shares of Defiance Quantum ETF by 24.4% in 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 period. Thoroughbred Financial Services LLC purchased a new stake in shares of Defiance Quantum ETF in the third quarter worth approximately $573,000. Finally, Financial Freedom LLC lifted its position 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 worth $2,342,000 after purchasing an additional 4,909 shares in the last quarter.

Defiance Quantum ETF Stock Performance

Shares of QTUM opened at $155.97 on Friday. The company has a market capitalization of $4.98 billion, a PE ratio of 24.34 and a beta of 1.35. The company’s 50 day moving average price is $149.56 and its 200 day moving average price is $126.43. The Defiance Quantum ETF has a 52 week low of $89.23 and a 52 week high of $170.00.

Defiance Quantum ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 25th. Shareholders of record on Wednesday, June 24th were paid a $0.2699 dividend. This is an increase from Defiance Quantum ETF’s previous dividend of $0.22. The ex-dividend date was Wednesday, June 24th.

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.