Virtus Terranova U.S. Quality Momentum ETF $JOET Shares Sold by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. cut its stake in shares of Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) by 29.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 45,430 shares of the company’s stock after selling 18,978 shares during the quarter. Total Clarity Wealth Management Inc. owned 0.90% of Virtus Terranova U.S. Quality Momentum ETF worth $1,858,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Cetera Investment Advisers lifted its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF by 6.1% during the first quarter. Cetera Investment Advisers now owns 6,603 shares of the company’s stock worth $241,000 after purchasing an additional 381 shares during the period. Ritholtz Wealth Management lifted its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF by 23.8% during the first quarter. Ritholtz Wealth Management now owns 9,000 shares of the company’s stock worth $329,000 after purchasing an additional 1,732 shares during the period. Comerica Bank lifted its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF by 87.4% during the first quarter. Comerica Bank now owns 6,446 shares of the company’s stock worth $236,000 after purchasing an additional 3,006 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF by 85.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,295 shares of the company’s stock worth $413,000 after purchasing an additional 5,189 shares during the period. Finally, Triumph Capital Management acquired a new stake in shares of Virtus Terranova U.S. Quality Momentum ETF during the second quarter worth $289,000.

Virtus Terranova U.S. Quality Momentum ETF Price Performance

Shares of NASDAQ JOET opened at $41.84 on Monday. The stock has a fifty day moving average price of $42.07 and a 200 day moving average price of $39.84. Virtus Terranova U.S. Quality Momentum ETF has a 1-year low of $31.56 and a 1-year high of $43.31. The company has a market cap of $234.30 million, a PE ratio of 23.27 and a beta of 1.02.

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.