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

Fiduciary Alliance LLC trimmed its position in The Defiance Quantum ETF (NYSEARCA:QTUM) by 15.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,536 shares of the company’s stock after selling 625 shares during the period. Fiduciary Alliance LLC owned 0.08% of Defiance Quantum ETF worth $221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Defiance Quantum ETF Price Performance

QTUM stock opened at $64.18 on Tuesday. The company has a market capitalization of $272.77 million, a P/E ratio of 25.63 and a beta of 1.30. The Defiance Quantum ETF has a 12 month low of $44.32 and a 12 month high of $66.85. The firm’s fifty day simple moving average is $60.82 and its 200-day simple moving average is $61.18.

Defiance Quantum ETF Dividend Announcement

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