The Defiance Quantum ETF $QTUM Stock Position Decreased by CoreCap Advisors LLC

CoreCap Advisors LLC lowered its stake in shares of The Defiance Quantum ETF (NASDAQ:QTUM) by 40.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,903 shares of the company’s stock after selling 3,968 shares during the quarter. CoreCap Advisors LLC’s holdings in Defiance Quantum ETF were worth $976,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC raised its position in shares of Defiance Quantum ETF by 2.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 51,496 shares of the company’s stock worth $5,526,000 after buying an additional 1,342 shares in the last quarter. RPg Family Wealth Advisory LLC grew its holdings in Defiance Quantum ETF by 2.2% during the fourth 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 period. NewEdge Advisors LLC raised its position in Defiance Quantum ETF by 19.2% in the third quarter. NewEdge Advisors LLC now owns 26,612 shares of the company’s stock worth $2,792,000 after acquiring an additional 4,291 shares in the last quarter. Western Wealth Management LLC raised its position in Defiance Quantum ETF by 24.4% in the fourth quarter. Western Wealth Management LLC now owns 23,942 shares of the company’s stock worth $2,625,000 after acquiring an additional 4,702 shares in the last quarter. Finally, Financial Freedom LLC lifted its holdings in Defiance Quantum ETF by 29.8% in the 4th quarter. Financial Freedom LLC now owns 21,358 shares of the company’s stock valued at $2,342,000 after acquiring an additional 4,909 shares during the last quarter.

Defiance Quantum ETF Stock Performance

Shares of NASDAQ:QTUM opened at $153.46 on Friday. The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of 24.34 and a beta of 1.36. The Defiance Quantum ETF has a 1-year low of $90.32 and a 1-year high of $170.00. The company has a 50 day moving average price of $153.80 and a 200 day moving average price of $133.82.

Defiance Quantum ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 25th. Shareholders of record on Wednesday, June 24th were given a $0.2699 dividend. The ex-dividend date of this dividend was Wednesday, June 24th. This is an increase from Defiance Quantum ETF’s previous dividend of $0.22.

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.