Defiance Quantum ETF (NYSEARCA:QTUM) Trading 1.5% Higher – Still a Buy?

Defiance Quantum ETF (NYSEARCA:QTUMGet Free Report) traded up 1.5% during mid-day trading on Thursday . The company traded as high as $99.14 and last traded at $99.02. 433,325 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 360,649 shares. The stock had previously closed at $97.52.

Defiance Quantum ETF Stock Performance

The business’s fifty day moving average is $93.89 and its 200-day moving average is $84.94. The firm has a market cap of $1.96 billion, a P/E ratio of 25.36 and a beta of 1.15.

About Defiance Quantum ETF

(Get Free Report)

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 issued by Defiance.

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