Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) Shares Acquired by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC grew its holdings in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) by 14.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,386 shares of the company’s stock after acquiring an additional 1,930 shares during the period. Orion Portfolio Solutions LLC owned about 0.45% of Virtus Terranova U.S. Quality Momentum ETF worth $566,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Ritholtz Wealth Management purchased a new stake in shares of Virtus Terranova U.S. Quality Momentum ETF during the 2nd quarter worth $240,000. Main Street Financial Solutions LLC lifted its position in shares of Virtus Terranova U.S. Quality Momentum ETF by 7.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 31,892 shares of the company’s stock worth $1,095,000 after purchasing an additional 2,242 shares during the last quarter. Total Clarity Wealth Management Inc. lifted its position in shares of Virtus Terranova U.S. Quality Momentum ETF by 1.5% during the 2nd quarter. Total Clarity Wealth Management Inc. now owns 97,946 shares of the company’s stock worth $3,363,000 after purchasing an additional 1,411 shares during the last quarter. Empirical Asset Management LLC lifted its position in shares of Virtus Terranova U.S. Quality Momentum ETF by 179.3% during the 3rd quarter. Empirical Asset Management LLC now owns 64,636 shares of the company’s stock worth $2,377,000 after purchasing an additional 41,494 shares during the last quarter. Finally, Financial Enhancement Group LLC purchased a new stake in shares of Virtus Terranova U.S. Quality Momentum ETF during the 3rd quarter worth $5,485,000.

Virtus Terranova U.S. Quality Momentum ETF Trading Down 1.1 %

Virtus Terranova U.S. Quality Momentum ETF stock opened at $39.51 on Wednesday. The stock has a market cap of $152.11 million, a P/E ratio of 19.93 and a beta of 1.02. The company has a fifty day simple moving average of $39.00 and a 200-day simple moving average of $36.33. Virtus Terranova U.S. Quality Momentum ETF has a 12-month low of $29.81 and a 12-month high of $41.13.

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.