Main Management ETF Advisors LLC Raises Holdings in The Defiance Quantum ETF (NYSEARCA:QTUM)

Main Management ETF Advisors LLC lifted its position in shares of The Defiance Quantum ETF (NYSEARCA:QTUM) by 0.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 232,630 shares of the company’s stock after purchasing an additional 1,380 shares during the period. Defiance Quantum ETF comprises about 0.7% of Main Management ETF Advisors LLC’s holdings, making the stock its 19th largest position. Main Management ETF Advisors LLC owned 0.05% of Defiance Quantum ETF worth $14,607,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Archford Capital Strategies LLC increased its position in Defiance Quantum ETF by 13.8% during the second 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. Fiduciary Alliance LLC purchased a new position in shares of Defiance Quantum ETF during the second quarter worth approximately $263,000. S.A. Mason LLC increased its holdings in shares of Defiance Quantum ETF by 62.5% in the 2nd quarter. S.A. Mason LLC now owns 1,300 shares of the company’s stock valued at $82,000 after acquiring an additional 500 shares during the period. Finally, First Community Trust NA purchased a new stake in Defiance Quantum ETF in the 1st quarter valued at $33,000.

Defiance Quantum ETF Price Performance

Shares of NYSEARCA:QTUM opened at $63.44 on Friday. The Defiance Quantum ETF has a 1-year low of $44.32 and a 1-year high of $66.85. The stock has a market cap of $269.62 million, a P/E ratio of 25.63 and a beta of 1.30. The firm has a fifty day moving average price of $60.33 and a 200 day moving average price of $61.05.

Defiance Quantum ETF Dividend Announcement

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

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.