Susquehanna Advisors Group Inc. Invests $13.52 Million in Quantum eMotion Corp $QNC

Susquehanna Advisors Group Inc. purchased a new stake in Quantum eMotion Corp (NYSEAMERICAN:QNCFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,333,145 shares of the company’s stock, valued at approximately $13,519,000. Susquehanna Advisors Group Inc. owned about 1.97% of Quantum eMotion at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kingsview Wealth Management LLC increased its stake in Quantum eMotion by 4.8% during the second quarter. Kingsview Wealth Management LLC now owns 346,925 shares of the company’s stock worth $1,082,000 after acquiring an additional 15,900 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Quantum eMotion in the 2nd quarter valued at approximately $2,469,000. Susquehanna International Group LLP purchased a new position in shares of Quantum eMotion in the 2nd quarter worth approximately $3,008,000. Finally, Van ECK Associates Corp purchased a new position in shares of Quantum eMotion in the 2nd quarter worth approximately $3,877,000.

Quantum eMotion Stock Performance

NYSEAMERICAN QNC opened at $2.03 on Monday. The firm’s 50 day moving average is $2.44. Quantum eMotion Corp has a fifty-two week low of $0.78 and a fifty-two week high of $4.56. The company has a market cap of $445.42 million and a P/E ratio of -33.83.

Quantum eMotion Company Profile

(Free Report)

Quantum eMotion Inc is dedicated to developing of a new generation of quantum-safe encryption for the quantum computing age. It is a developer of a new generation of cryptographic solutions under the acquisition of licenses. It allows clients and partners to develop secure quantum-safe encryption that can protect anything from consumer and enterprise devices like mobile phones, computers, the Internet of Things, and networking equipment to demanding cloud-based applications, servers, and military devices.

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