Fiduciary Alliance LLC Sells 325 Shares of The Defiance Quantum ETF (NASDAQ:QTUM)

Fiduciary Alliance LLC decreased its holdings in shares of The Defiance Quantum ETF (NASDAQ:QTUM) by 9.2% in the fourth quarter, HoldingsChannel reports. The fund owned 3,211 shares of the company’s stock after selling 325 shares during the quarter. Fiduciary Alliance LLC’s holdings in Defiance Quantum ETF were worth $261,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Main Management ETF Advisors LLC lifted 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 valued at $14,607,000 after purchasing an additional 1,380 shares in the last quarter.

Defiance Quantum ETF Stock Up 2.0 %

Shares of QTUM opened at $78.82 on Wednesday. The business has a 50-day simple moving average of $74.54 and a two-hundred day simple moving average of $66.28. The Defiance Quantum ETF has a 52 week low of $52.38 and a 52 week high of $90.75. The stock has a market cap of $906.43 million, a price-to-earnings ratio of 25.63 and a beta of 1.15.

Defiance Quantum ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 27th were issued a $0.0751 dividend. The ex-dividend date was Friday, December 27th.

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.