Archford Capital Strategies LLC Purchases 334 Shares of The Defiance Quantum ETF (NASDAQ:QTUM)

Archford Capital Strategies LLC boosted its holdings in The Defiance Quantum ETF (NASDAQ:QTUM) by 6.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,140 shares of the company’s stock after acquiring an additional 334 shares during the quarter. Archford Capital Strategies LLC’s holdings in Defiance Quantum ETF were worth $417,000 as of its most recent SEC filing.

Separately, Janney Montgomery Scott LLC bought a new position in shares of Defiance Quantum ETF in the fourth quarter valued at $1,665,000.

Defiance Quantum ETF Price Performance

QTUM opened at $84.20 on Monday. The Defiance Quantum ETF has a fifty-two week low of $52.98 and a fifty-two week high of $90.75. The firm has a market capitalization of $943.04 million, a PE ratio of 25.63 and a beta of 1.15. The company’s 50-day moving average is $77.64 and its 200 day moving average is $67.46.

Defiance Quantum ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 27th were paid a $0.0751 dividend. The ex-dividend date of this dividend was Friday, December 27th.

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.