Gen Wealth Partners Inc Invests $34,000 in The Defiance Quantum ETF (NASDAQ:QTUM)

Gen Wealth Partners Inc acquired a new stake in shares of The Defiance Quantum ETF (NASDAQ:QTUM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 421 shares of the company’s stock, valued at approximately $34,000.

Other large investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new stake in shares of Defiance Quantum ETF during the fourth quarter worth $1,665,000. Archford Capital Strategies LLC increased its position in Defiance Quantum ETF by 6.9% in the 4th quarter. Archford Capital Strategies LLC now owns 5,140 shares of the company’s stock worth $417,000 after purchasing an additional 334 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of Defiance Quantum ETF during the 4th quarter worth about $3,119,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Defiance Quantum ETF during the 4th quarter valued at about $498,000. Finally, Future Financial Wealth Managment LLC grew its stake in shares of Defiance Quantum ETF by 670.0% in the 4th quarter. Future Financial Wealth Managment LLC now owns 385 shares of the company’s stock valued at $31,000 after buying an additional 335 shares in the last quarter.

Defiance Quantum ETF Stock Up 0.5 %

NASDAQ QTUM opened at $80.10 on Friday. The stock has a market capitalization of $1.11 billion, a PE ratio of 20.83 and a beta of 1.15. The Defiance Quantum ETF has a 12-month low of $52.98 and a 12-month high of $90.75. The company has a 50 day moving average price of $74.53 and a two-hundred day moving average price of $75.90.

Defiance Quantum ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Wednesday, March 26th were issued a $0.1576 dividend. The ex-dividend date of this dividend was Wednesday, March 26th. This is a boost from Defiance Quantum ETF’s previous dividend of $0.08.

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.