First Horizon Advisors Inc. Purchases 558 Shares of The Defiance Quantum ETF (NYSEARCA:QTUM)

First Horizon Advisors Inc. raised its holdings in shares of The Defiance Quantum ETF (NYSEARCA:QTUM) by 286.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 753 shares of the company’s stock after purchasing an additional 558 shares during the quarter. First Horizon Advisors Inc.’s holdings in Defiance Quantum ETF were worth $41,000 as of its most recent SEC filing.

Separately, S.A. Mason LLC bought a new position in Defiance Quantum ETF in the 4th quarter valued at about $27,000.

Defiance Quantum ETF Trading Down 0.3 %

Shares of Defiance Quantum ETF stock opened at $59.42 on Thursday. The stock has a fifty day simple moving average of $59.74 and a 200 day simple moving average of $55.08. The Defiance Quantum ETF has a 12-month low of $43.71 and a 12-month high of $63.37. The company has a market capitalization of $252.54 million, a P/E ratio of 25.63 and a beta of 1.30.

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.