Main Street Financial Solutions LLC Has $2.44 Million Holdings in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET)

Main Street Financial Solutions LLC lifted its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) by 32.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,466 shares of the company’s stock after buying an additional 15,839 shares during the period. Main Street Financial Solutions LLC owned about 1.52% of Virtus Terranova U.S. Quality Momentum ETF worth $2,436,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wells Fargo & Company MN increased its position in Virtus Terranova U.S. Quality Momentum ETF by 33.8% during the 4th quarter. Wells Fargo & Company MN now owns 264,013 shares of the company’s stock valued at $9,974,000 after purchasing an additional 66,651 shares during the period. LPL Financial LLC boosted its holdings in Virtus Terranova U.S. Quality Momentum ETF by 19.1% in the 4th quarter. LPL Financial LLC now owns 137,723 shares of the company’s stock worth $5,203,000 after buying an additional 22,067 shares during the period. Apeiron RIA LLC purchased a new position in shares of Virtus Terranova U.S. Quality Momentum ETF during the 4th quarter valued at $1,280,000. Raymond James Financial Inc. bought a new stake in Virtus Terranova U.S. Quality Momentum ETF during the fourth quarter valued at approximately $1,202,000. Finally, Orion Portfolio Solutions LLC raised its position in Virtus Terranova U.S. Quality Momentum ETF by 16.9% during the fourth quarter. Orion Portfolio Solutions LLC now owns 17,992 shares of the company’s stock valued at $680,000 after purchasing an additional 2,606 shares in the last quarter.

Virtus Terranova U.S. Quality Momentum ETF Trading Up 0.2 %

Shares of Virtus Terranova U.S. Quality Momentum ETF stock opened at $35.45 on Wednesday. Virtus Terranova U.S. Quality Momentum ETF has a 12-month low of $31.56 and a 12-month high of $41.13. The company has a market cap of $155.98 million, a P/E ratio of 20.77 and a beta of 1.02. The company’s fifty day simple moving average is $37.22 and its two-hundred day simple moving average is $38.26.

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.