Financial Freedom LLC Acquires 4,909 Shares of The Defiance Quantum ETF $QTUM

Financial Freedom LLC boosted its holdings in shares of The Defiance Quantum ETF (NASDAQ:QTUM) by 29.8% during the fourth quarter, HoldingsChannel reports. The fund owned 21,358 shares of the company’s stock after purchasing an additional 4,909 shares during the quarter. Defiance Quantum ETF comprises 1.2% of Financial Freedom LLC’s holdings, making the stock its 28th largest position. Financial Freedom LLC’s holdings in Defiance Quantum ETF were worth $2,342,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Quadrature Capital Ltd grew its holdings in Defiance Quantum ETF by 316.0% during the 3rd quarter. Quadrature Capital Ltd now owns 222,448 shares of the company’s stock worth $23,333,000 after acquiring an additional 168,976 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in Defiance Quantum ETF during the 3rd quarter worth approximately $8,158,000. Flagship Harbor Advisors LLC grew its holdings in Defiance Quantum ETF by 1.4% during the 4th quarter. Flagship Harbor Advisors LLC now owns 57,117 shares of the company’s stock worth $6,264,000 after acquiring an additional 815 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Defiance Quantum ETF by 25.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 50,154 shares of the company’s stock worth $5,500,000 after acquiring an additional 10,027 shares during the last quarter. Finally, RPg Family Wealth Advisory LLC grew its holdings in Defiance Quantum ETF by 2.2% during the 4th quarter. RPg Family Wealth Advisory LLC now owns 29,349 shares of the company’s stock worth $3,218,000 after acquiring an additional 620 shares during the last quarter.

Defiance Quantum ETF Price Performance

QTUM opened at $162.28 on Wednesday. The Defiance Quantum ETF has a fifty-two week low of $86.45 and a fifty-two week high of $170.00. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of 24.34 and a beta of 1.35. The company’s 50 day moving average price is $142.12 and its two-hundred day moving average price is $123.55.

Defiance Quantum ETF Cuts Dividend

The company also recently declared 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 was Wednesday, March 25th.

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.