Fortune Financial Group Inc. Buys Shares of 5,642 Defiance Connective Technologies ETF $UFOX

Fortune Financial Group Inc. acquired a new stake in Defiance Connective Technologies ETF (NYSEARCA:UFOX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,642 shares of the company’s stock, valued at approximately $368,000.

A number of other large investors have also recently added to or reduced their stakes in UFOX. Farther Finance Advisors LLC grew its stake in Defiance Connective Technologies ETF by 3,760.9% in the 4th quarter. Farther Finance Advisors LLC now owns 4,942 shares of the company’s stock valued at $315,000 after acquiring an additional 4,814 shares during the last quarter. Kingswood Wealth Advisors LLC grew its stake in Defiance Connective Technologies ETF by 121.2% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 7,381 shares of the company’s stock valued at $471,000 after acquiring an additional 4,044 shares during the last quarter. Thoroughbred Financial Services LLC acquired a new stake in Defiance Connective Technologies ETF in the 3rd quarter valued at about $207,000. NewEdge Advisors LLC grew its stake in Defiance Connective Technologies ETF by 190.2% in the 3rd quarter. NewEdge Advisors LLC now owns 4,986 shares of the company’s stock valued at $308,000 after acquiring an additional 3,268 shares during the last quarter. Finally, KERR FINANCIAL PLANNING Corp acquired a new stake in Defiance Connective Technologies ETF in the 3rd quarter valued at about $38,000.

Defiance Connective Technologies ETF Trading Down 1.8%

Shares of NYSEARCA UFOX opened at $91.29 on Thursday. The stock has a market cap of $958.55 million, a price-to-earnings ratio of 32.82 and a beta of 1.32. Defiance Connective Technologies ETF has a 52 week low of $48.44 and a 52 week high of $106.59. The company’s 50-day moving average price is $87.18 and its 200 day moving average price is $73.67.

Defiance Connective Technologies ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Wednesday, March 25th were paid a $0.0958 dividend. This represents a $0.38 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Wednesday, March 25th.

About Defiance Connective Technologies ETF

Defiance Connective Technologies ETF (NYSEARCA: UFOX) is an exchange-traded fund offered by Defiance ETFs that provides targeted exposure to companies involved in technologies that enable modern connectivity. The fund is designed to capture businesses that build, operate or support communications networks and the infrastructure that connects people, devices and data. As an ETF, UFOX trades on the NYSE Arca and offers investors a single-security way to gain thematic exposure to the connective-technology space.

Holdings typically span a range of industries and business models, including equipment manufacturers (such as networking hardware, antennas and fiber-optic components), semiconductor and component suppliers, telecommunications and satellite service providers, and software and services firms that support cloud, edge computing, Internet of Things (IoT) deployments and network management.