Thoroughbred Financial Services LLC Makes New Investment in The Defiance Quantum ETF $QTUM

Thoroughbred Financial Services LLC bought a new stake in The Defiance Quantum ETF (NASDAQ:QTUM) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 5,466 shares of the company’s stock, valued at approximately $573,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ethos Financial Group LLC acquired a new stake in Defiance Quantum ETF in the 2nd quarter valued at about $9,510,000. Strategic Blueprint LLC grew its stake in shares of Defiance Quantum ETF by 653.4% during the third quarter. Strategic Blueprint LLC now owns 30,408 shares of the company’s stock valued at $3,190,000 after purchasing an additional 26,372 shares during the last quarter. Western Wealth Management LLC grew its stake in shares of Defiance Quantum ETF by 462.2% during the third quarter. Western Wealth Management LLC now owns 19,240 shares of the company’s stock valued at $2,018,000 after purchasing an additional 15,818 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Defiance Quantum ETF by 72.9% in the second quarter. NewEdge Advisors LLC now owns 22,321 shares of the company’s stock valued at $2,049,000 after purchasing an additional 9,411 shares in the last quarter. Finally, Financial Freedom LLC raised its position in Defiance Quantum ETF by 1,275.0% in the 2nd quarter. Financial Freedom LLC now owns 4,950 shares of the company’s stock worth $455,000 after purchasing an additional 4,590 shares during the last quarter.

Defiance Quantum ETF Stock Performance

Shares of QTUM opened at $116.42 on Friday. The business’s fifty day moving average price is $115.84 and its two-hundred day moving average price is $109.03. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 24.34 and a beta of 1.20. The Defiance Quantum ETF has a 52 week low of $62.70 and a 52 week high of $121.34.

Defiance Quantum ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were given a $0.4452 dividend. The ex-dividend date was Monday, December 29th.

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.