The Defiance Quantum ETF to Issue Dividend of $0.22 (NASDAQ:QTUM)

The Defiance Quantum ETF (NASDAQ:QTUM) announced a dividend on Tuesday, March 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 25th will be given a dividend of 0.2236 per share on Thursday, March 26th. The ex-dividend date is Wednesday, March 25th.

Defiance Quantum ETF Price Performance

Shares of Defiance Quantum ETF stock traded up $0.95 during trading hours on Wednesday, reaching $111.62. The company had a trading volume of 153,454 shares, compared to its average volume of 388,085. The firm has a market cap of $3.50 billion, a PE ratio of 24.34 and a beta of 1.20. Defiance Quantum ETF has a one year low of $62.70 and a one year high of $121.34. The business has a fifty day simple moving average of $115.17 and a 200 day simple moving average of $111.31.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in QTUM. Sankala Group LLC bought a new stake in shares of Defiance Quantum ETF during the fourth quarter valued at about $46,000. Monetary Solutions Ltd bought a new position in shares of Defiance Quantum ETF in the fourth quarter valued at approximately $77,000. Financial Freedom LLC boosted its position in shares of Defiance Quantum ETF by 29.8% in the fourth quarter. Financial Freedom LLC now owns 21,358 shares of the company’s stock valued at $2,342,000 after acquiring an additional 4,909 shares during the period. Graney & King LLC purchased a new position in Defiance Quantum ETF during the fourth quarter valued at approximately $63,000. Finally, Gen Wealth Partners Inc grew its stake in Defiance Quantum ETF by 51.7% during the fourth quarter. Gen Wealth Partners Inc now owns 320 shares of the company’s stock valued at $35,000 after acquiring an additional 109 shares in the last quarter.

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.