Raymond James & Associates Trims Holdings in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET)

Raymond James & Associates reduced its holdings in shares of Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) by 7.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,859 shares of the company’s stock after selling 2,333 shares during the quarter. Raymond James & Associates owned 0.88% of Virtus Terranova U.S. Quality Momentum ETF worth $888,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tower Research Capital LLC TRC purchased a new position in shares of Virtus Terranova U.S. Quality Momentum ETF during the 1st quarter valued at approximately $25,000. Cutler Group LLC CA purchased a new position in shares of Virtus Terranova U.S. Quality Momentum ETF during the 2nd quarter valued at approximately $28,000. UBS Group AG purchased a new position in shares of Virtus Terranova U.S. Quality Momentum ETF during the 1st quarter valued at approximately $28,000. Cetera Advisor Networks LLC acquired a new stake in shares of Virtus Terranova U.S. Quality Momentum ETF during the 4th quarter valued at approximately $208,000. Finally, Bank of America Corp DE raised its position in shares of Virtus Terranova U.S. Quality Momentum ETF by 19.6% during 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 in the last quarter.

Virtus Terranova U.S. Quality Momentum ETF Price Performance

JOET stock opened at $27.84 on Friday. Virtus Terranova U.S. Quality Momentum ETF has a 12-month low of $25.89 and a 12-month high of $29.71. The stock’s 50 day simple moving average is $28.03 and its 200 day simple moving average is $28.09.