Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) Shares Sold by Palumbo Wealth Management LLC

Palumbo Wealth Management LLC reduced its position in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOETFree Report) by 15.3% in the 4th quarter, Holdings Channel reports. The firm owned 51,744 shares of the company’s stock after selling 9,349 shares during the quarter. Palumbo Wealth Management LLC’s holdings in Virtus Terranova U.S. Quality Momentum ETF were worth $1,588,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC purchased a new stake in shares of Virtus Terranova U.S. Quality Momentum ETF during the first quarter worth $25,000. UBS Group AG acquired a new position in Virtus Terranova U.S. Quality Momentum ETF during the first quarter worth about $28,000. DHJJ Financial Advisors Ltd. purchased a new stake in Virtus Terranova U.S. Quality Momentum ETF during the 3rd quarter valued at about $32,000. Cetera Advisor Networks LLC acquired a new stake in Virtus Terranova U.S. Quality Momentum ETF in the 4th quarter valued at about $208,000. Finally, Bank of America Corp DE raised its holdings in Virtus Terranova U.S. Quality Momentum ETF by 19.6% in the 1st quarter. Bank of America Corp DE now owns 8,806 shares of the company’s stock valued at $264,000 after acquiring an additional 1,446 shares during the last quarter.

Virtus Terranova U.S. Quality Momentum ETF Price Performance

Shares of Virtus Terranova U.S. Quality Momentum ETF stock opened at $34.27 on Tuesday. Virtus Terranova U.S. Quality Momentum ETF has a 1-year low of $26.21 and a 1-year high of $34.58. The stock has a market cap of $104.52 million, a P/E ratio of 16.44 and a beta of 1.02. The stock’s 50 day simple moving average is $32.93 and its 200-day simple moving average is $30.32.

Virtus Terranova U.S. Quality Momentum ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET)

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