Thoroughbred Financial Services LLC Buys New Holdings in The Defiance Quantum ETF $QTUM

Thoroughbred Financial Services LLC acquired a new stake in The Defiance Quantum ETF (NASDAQ:QTUM) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,466 shares of the company’s stock, valued at approximately $573,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. boosted its holdings in Defiance Quantum ETF by 11,614.3% during the third quarter. Marshall & Sterling Wealth Advisors Inc. now owns 820 shares of the company’s stock valued at $85,000 after purchasing an additional 813 shares in the last quarter. Western Wealth Management LLC raised its stake in Defiance Quantum ETF by 462.2% during the third quarter. Western Wealth Management LLC now owns 19,240 shares of the company’s stock worth $2,018,000 after acquiring an additional 15,818 shares in the last quarter. ELCO Management Co. LLC bought a new position in shares of Defiance Quantum ETF during the third quarter valued at $237,000. GPS Wealth Strategies Group LLC boosted its stake in shares of Defiance Quantum ETF by 1,425.0% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 1,525 shares of the company’s stock valued at $160,000 after purchasing an additional 1,425 shares in the last quarter. Finally, Copia Wealth Management increased its position in shares of Defiance Quantum ETF by 1,016.1% during the 3rd quarter. Copia Wealth Management now owns 346 shares of the company’s stock worth $36,000 after purchasing an additional 315 shares in the last quarter.

Defiance Quantum ETF Stock Down 1.2%

Shares of QTUM stock opened at $116.42 on Friday. The company has a market capitalization of $3.66 billion, a P/E ratio of 24.34 and a beta of 1.20. The Defiance Quantum ETF has a 12-month low of $62.70 and a 12-month high of $121.34. The firm has a 50-day moving average price of $115.84 and a 200 day moving average price of $109.03.

Defiance Quantum ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 30th. Stockholders of record on Monday, December 29th were paid a $0.4452 dividend. The ex-dividend date was Monday, December 29th.

About Defiance Quantum ETF

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.