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

Raymond James & Associates cut its stake in shares of Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) by 11.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,043 shares of the company’s stock after selling 3,498 shares during the quarter. Raymond James & Associates’ holdings in Virtus Terranova U.S. Quality Momentum ETF were worth $830,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Total Clarity Wealth Management Inc. raised its stake in shares of Virtus Terranova U.S. Quality Momentum ETF by 6.1% during the third quarter. Total Clarity Wealth Management Inc. now owns 59,676 shares of the company’s stock valued at $1,664,000 after acquiring an additional 3,454 shares during the last quarter.

Virtus Terranova U.S. Quality Momentum ETF Price Performance

NASDAQ JOET opened at $32.41 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 capitalization of $103.71 million, a PE ratio of 16.44 and a beta of 1.02. The business’s 50-day moving average is $33.42 and its 200 day moving average is $30.88.

About Virtus Terranova U.S. Quality Momentum ETF

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.