Janney Montgomery Scott LLC Has $2.46 Million Stock Holdings in The Defiance Quantum ETF $QTUM

Janney Montgomery Scott LLC raised its holdings in The Defiance Quantum ETF (NASDAQ:QTUM) by 5.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,832 shares of the company’s stock after purchasing an additional 1,349 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Defiance Quantum ETF were worth $2,464,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Farther Finance Advisors LLC boosted its holdings in shares of Defiance Quantum ETF by 7,600.0% in the 1st quarter. Farther Finance Advisors LLC now owns 462 shares of the company’s stock valued at $35,000 after purchasing an additional 456 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of Defiance Quantum ETF in the 1st quarter valued at $3,630,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Defiance Quantum ETF in the 2nd quarter valued at $37,000. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Defiance Quantum ETF in the 1st quarter valued at $48,000. Finally, Nova Wealth Management Inc. bought a new position in shares of Defiance Quantum ETF in the 1st quarter valued at $402,000.

Defiance Quantum ETF Stock Performance

Shares of QTUM opened at $112.17 on Friday. The Defiance Quantum ETF has a 52 week low of $61.78 and a 52 week high of $113.63. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 24.34 and a beta of 1.15. The stock has a fifty day moving average of $98.93 and a 200-day moving average of $88.76.

Defiance Quantum ETF Dividend Announcement

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

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.