Raymond James & Associates trimmed its holdings in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET – Free Report) by 11.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,043 shares of the company’s stock after selling 3,498 shares during the quarter. Raymond James & Associates owned about 1.00% of Virtus Terranova U.S. Quality Momentum ETF worth $830,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Total Clarity Wealth Management Inc. lifted its stake in Virtus Terranova U.S. Quality Momentum ETF by 6.1% in the third quarter. Total Clarity Wealth Management Inc. now owns 59,676 shares of the company’s stock valued at $1,664,000 after buying an additional 3,454 shares during the period.
Virtus Terranova U.S. Quality Momentum ETF Stock Performance
Virtus Terranova U.S. Quality Momentum ETF stock opened at $32.41 on Tuesday. The stock’s 50 day moving average price is $33.42 and its two-hundred day moving average price is $30.88. The stock has a market capitalization of $103.71 million, a price-to-earnings ratio of 16.44 and a beta of 1.02. Virtus Terranova U.S. Quality Momentum ETF has a 52-week low of $26.21 and a 52-week 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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