The Defiance Quantum ETF $QTUM Shares Sold by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC decreased its holdings in shares of The Defiance Quantum ETF (NASDAQ:QTUM) by 46.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,955 shares of the company’s stock after selling 2,526 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Defiance Quantum ETF were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Fiduciary Alliance LLC lifted its holdings in shares of Defiance Quantum ETF by 6.1% during the 2nd quarter. Fiduciary Alliance LLC now owns 3,516 shares of the company’s stock valued at $323,000 after acquiring an additional 203 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Defiance Quantum ETF by 289.0% during the 2nd quarter. Parallel Advisors LLC now owns 389 shares of the company’s stock valued at $36,000 after acquiring an additional 289 shares in the last quarter. Financial Freedom LLC acquired a new position in shares of Defiance Quantum ETF during the 1st quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Defiance Quantum ETF during the 2nd quarter valued at $37,000. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Defiance Quantum ETF by 7,600.0% during the 1st quarter. Farther Finance Advisors LLC now owns 462 shares of the company’s stock valued at $35,000 after acquiring an additional 456 shares in the last quarter.

Defiance Quantum ETF Trading Down 5.4%

NASDAQ:QTUM opened at $106.13 on Friday. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 24.34 and a beta of 1.15. The firm’s fifty day simple moving average is $99.24 and its 200 day simple moving average is $89.02. The Defiance Quantum ETF has a twelve month low of $61.78 and a twelve month high of $113.63.

Defiance Quantum ETF Dividend Announcement

The company also recently declared a — dividend, which was paid on Thursday, September 25th. Investors of record on Wednesday, September 24th were paid a dividend of $0.2388 per share. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a yield of 60.0%.

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.