Fiduciary Alliance LLC Reduces Stock Holdings in The Defiance Quantum ETF (NYSEARCA:QTUM)

Fiduciary Alliance LLC cut its holdings in The Defiance Quantum ETF (NYSEARCA:QTUM) by 15.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,536 shares of the company’s stock after selling 625 shares during the period. Fiduciary Alliance LLC’s holdings in Defiance Quantum ETF were worth $221,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Main Management ETF Advisors LLC raised its position in Defiance Quantum ETF by 0.6% during the second quarter. Main Management ETF Advisors LLC now owns 232,630 shares of the company’s stock worth $14,607,000 after acquiring an additional 1,380 shares during the last quarter. Archford Capital Strategies LLC increased its stake in shares of Defiance Quantum ETF by 13.8% during the 2nd quarter. Archford Capital Strategies LLC now owns 4,927 shares of the company’s stock worth $309,000 after purchasing an additional 596 shares in the last quarter. First Community Trust NA acquired a new position in shares of Defiance Quantum ETF during the 1st quarter worth approximately $33,000. Finally, S.A. Mason LLC raised its position in shares of Defiance Quantum ETF by 62.5% during the 2nd quarter. S.A. Mason LLC now owns 1,300 shares of the company’s stock worth $82,000 after purchasing an additional 500 shares during the last quarter.

Defiance Quantum ETF Stock Performance

Shares of NYSEARCA:QTUM opened at $64.18 on Tuesday. The business’s fifty day moving average price is $60.82 and its two-hundred day moving average price is $61.18. The stock has a market cap of $272.77 million, a PE ratio of 25.63 and a beta of 1.30. The Defiance Quantum ETF has a one year low of $44.32 and a one year high of $66.85.

Defiance Quantum ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, September 26th. Investors of record on Wednesday, September 25th were paid a dividend of $0.1178 per share. The ex-dividend date was Wednesday, September 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.