S.A. Mason LLC Increases Position in The Defiance Quantum ETF (NYSEARCA:QTUM)

S.A. Mason LLC boosted its holdings in The Defiance Quantum ETF (NYSEARCA:QTUM) by 60.0% during the first quarter, Holdings Channel.com reports. The firm owned 800 shares of the company’s stock after acquiring an additional 300 shares during the quarter. S.A. Mason LLC’s holdings in Defiance Quantum ETF were worth $49,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of QTUM. Archford Capital Strategies LLC purchased a new stake in Defiance Quantum ETF in the fourth quarter worth about $236,000. First Horizon Advisors Inc. lifted its stake in shares of Defiance Quantum ETF by 286.2% in the fourth quarter. First Horizon Advisors Inc. now owns 753 shares of the company’s stock worth $41,000 after buying an additional 558 shares in the last quarter. Finally, First Community Trust NA bought a new position in shares of Defiance Quantum ETF in the first quarter worth approximately $33,000.

Defiance Quantum ETF Stock Up 0.7 %

Shares of NYSEARCA QTUM traded up $0.46 during midday trading on Thursday, hitting $62.53. The stock had a trading volume of 3,802 shares, compared to its average volume of 33,702. The business’s 50 day moving average is $61.06 and its 200-day moving average is $58.52. The company has a market cap of $265.75 million, a P/E ratio of 25.63 and a beta of 1.30. The Defiance Quantum ETF has a 52 week low of $44.32 and a 52 week high of $64.60.

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.