Mutual Advisors LLC decreased its stake in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET – Free Report) by 12.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,425 shares of the company’s stock after selling 3,143 shares during the quarter. Mutual Advisors LLC owned about 0.82% of Virtus Terranova U.S. Quality Momentum ETF worth $688,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Palumbo Wealth Management LLC raised its position in Virtus Terranova U.S. Quality Momentum ETF by 63.1% during the 3rd quarter. Palumbo Wealth Management LLC now owns 61,093 shares of the company’s stock valued at $1,704,000 after purchasing an additional 23,631 shares in the last quarter. Citadel Advisors LLC bought a new stake in Virtus Terranova U.S. Quality Momentum ETF during the 3rd quarter valued at $467,000. LPL Financial LLC raised its position in Virtus Terranova U.S. Quality Momentum ETF by 35.2% during the 1st quarter. LPL Financial LLC now owns 65,102 shares of the company’s stock valued at $1,791,000 after purchasing an additional 16,946 shares in the last quarter. Jane Street Group LLC bought a new stake in Virtus Terranova U.S. Quality Momentum ETF during the 1st quarter valued at $417,000. Finally, Cetera Advisor Networks LLC bought a new stake in Virtus Terranova U.S. Quality Momentum ETF during the 4th quarter valued at $208,000.
Virtus Terranova U.S. Quality Momentum ETF Stock Up 0.9 %
Shares of NASDAQ JOET opened at $34.32 on Thursday. The business has a fifty day simple moving average of $32.71 and a two-hundred day simple moving average of $30.19. The firm has a market cap of $101.24 million, a PE ratio of 16.44 and a beta of 1.02. Virtus Terranova U.S. Quality Momentum ETF has a twelve month low of $26.21 and a twelve month high of $34.58.
Virtus Terranova U.S. Quality Momentum ETF Company Profile
The Virtus Terranova US Quality Momentum ETF (JOET) is an exchange-traded fund that is based on the Terranova U.S. Quality Momentum index. The fund tracks an equal-weighted index of large-cap stocks in the US displaying quality fundamental and technical attributes. JOET was launched on Nov 17, 2020 and is issued by Virtus Investment Partners.
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