Cetera Investment Advisers Buys 381 Shares of Virtus Terranova U.S. Quality Momentum ETF $JOET

Cetera Investment Advisers raised its holdings in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) by 6.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 6,603 shares of the company’s stock after acquiring an additional 381 shares during the quarter. Cetera Investment Advisers owned approximately 0.14% of Virtus Terranova U.S. Quality Momentum ETF worth $241,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the company. DKM Wealth Management Inc. increased its position in shares of Virtus Terranova U.S. Quality Momentum ETF by 9.9% during the first quarter. DKM Wealth Management Inc. now owns 15,742 shares of the company’s stock worth $576,000 after buying an additional 1,423 shares during the period. Ritholtz Wealth Management increased its stake in shares of Virtus Terranova U.S. Quality Momentum ETF by 23.8% during the 1st 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 last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Virtus Terranova U.S. Quality Momentum ETF by 85.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 11,295 shares of the company’s stock worth $413,000 after acquiring an additional 5,189 shares during the last quarter. Armstrong Fleming & Moore Inc purchased a new stake in Virtus Terranova U.S. Quality Momentum ETF in the 1st quarter worth about $470,000. Finally, Raymond James Financial Inc. purchased a new position in Virtus Terranova U.S. Quality Momentum ETF during the fourth quarter valued at approximately $1,202,000.

Virtus Terranova U.S. Quality Momentum ETF Trading Down 0.3%

Shares of JOET opened at $41.14 on Friday. The company has a market cap of $209.81 million, a PE ratio of 23.27 and a beta of 1.02. The stock has a 50-day moving average price of $40.84 and a 200-day moving average price of $38.80. Virtus Terranova U.S. Quality Momentum ETF has a 12-month low of $31.56 and a 12-month high of $41.86.

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.