Virtus Terranova U.S. Quality Momentum ETF $JOET Holdings Lifted by Cassady Wealth & Retirement Planning LLC

Cassady Wealth & Retirement Planning LLC boosted its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF (NYSEARCA:JOET) by 36.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 85,051 shares of the company’s stock after acquiring an additional 22,703 shares during the quarter. Virtus Terranova U.S. Quality Momentum ETF accounts for about 1.8% of Cassady Wealth & Retirement Planning LLC’s investment portfolio, making the stock its 14th largest holding. Cassady Wealth & Retirement Planning LLC owned 1.55% of Virtus Terranova U.S. Quality Momentum ETF worth $3,646,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC increased its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF by 88.8% in the 4th quarter. LPL Financial LLC now owns 374,208 shares of the company’s stock valued at $15,717,000 after purchasing an additional 176,037 shares during the period. MML Investors Services LLC acquired a new stake in shares of Virtus Terranova U.S. Quality Momentum ETF during the second quarter worth approximately $1,450,000. NewEdge Advisors LLC grew its position in Virtus Terranova U.S. Quality Momentum ETF by 25.4% during the second quarter. NewEdge Advisors LLC now owns 154,812 shares of the company’s stock valued at $6,332,000 after purchasing an additional 31,334 shares in the last quarter. Wells Fargo & Company MN grew its position in Virtus Terranova U.S. Quality Momentum ETF by 4.5% during the fourth quarter. Wells Fargo & Company MN now owns 503,045 shares of the company’s stock valued at $21,128,000 after purchasing an additional 21,442 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in Virtus Terranova U.S. Quality Momentum ETF in the 3rd quarter valued at approximately $842,000.

Virtus Terranova U.S. Quality Momentum ETF Stock Down 1.4%

JOET stock opened at $44.91 on Thursday. The company has a 50 day moving average of $45.13 and a two-hundred day moving average of $43.19. The company has a market cap of $238.02 million, a price-to-earnings ratio of 23.27 and a beta of 1.02. Virtus Terranova U.S. Quality Momentum ETF has a 12-month low of $38.80 and a 12-month high of $46.31.

Virtus Terranova U.S. Quality Momentum ETF 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.