TOP Private Wealth LLC. Invests $2.70 Million in The Defiance Quantum ETF $QTUM

TOP Private Wealth LLC. purchased a new position in shares of The Defiance Quantum ETF (NASDAQ:QTUM) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,345 shares of the company’s stock, valued at approximately $2,703,000. Defiance Quantum ETF comprises approximately 2.6% of TOP Private Wealth LLC.’s portfolio, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of QTUM. Wedbush Securities Inc. purchased a new position in Defiance Quantum ETF during the 2nd quarter valued at $1,938,000. Compass Financial Management LLC purchased a new stake in Defiance Quantum ETF in the second quarter worth $3,290,000. KERR FINANCIAL PLANNING Corp increased its stake in Defiance Quantum ETF by 21.5% in the second quarter. KERR FINANCIAL PLANNING Corp now owns 853 shares of the company’s stock worth $141,000 after purchasing an additional 151 shares during the period. Rathbones Group PLC lifted its position in shares of Defiance Quantum ETF by 24.3% during the first quarter. Rathbones Group PLC now owns 2,480 shares of the company’s stock worth $266,000 after purchasing an additional 485 shares during the last quarter. Finally, Arkadios Wealth Advisors lifted its position in shares of Defiance Quantum ETF by 5.2% during the first quarter. Arkadios Wealth Advisors now owns 10,885 shares of the company’s stock worth $1,168,000 after purchasing an additional 541 shares during the last quarter.

Defiance Quantum ETF Trading Up 1.2%

Shares of QTUM opened at $147.89 on Friday. The firm has a market capitalization of $5.46 billion, a P/E ratio of 24.34 and a beta of 1.36. The Defiance Quantum ETF has a 12-month low of $94.16 and a 12-month high of $170.00. The firm has a fifty day moving average price of $149.40 and a 200-day moving average price of $138.52.

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.