Empirical Asset Management LLC Sells 33,417 Shares of Virtus Terranova U.S. Quality Momentum ETF $JOET

Empirical Asset Management LLC trimmed its position in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) by 52.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,079 shares of the company’s stock after selling 33,417 shares during the quarter. Empirical Asset Management LLC owned approximately 0.53% of Virtus Terranova U.S. Quality Momentum ETF worth $1,294,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Bleakley Financial Group LLC increased its holdings in Virtus Terranova U.S. Quality Momentum ETF by 9.3% during the 3rd quarter. Bleakley Financial Group LLC now owns 24,612 shares of the company’s stock worth $1,059,000 after acquiring an additional 2,102 shares during the period. O ROURKE & COMPANY Inc bought a new stake in Virtus Terranova U.S. Quality Momentum ETF during the third quarter valued at $281,000. Wealth Management Partners LLC boosted its stake in Virtus Terranova U.S. Quality Momentum ETF by 24.4% during the third quarter. Wealth Management Partners LLC now owns 34,801 shares of the company’s stock valued at $1,497,000 after buying an additional 6,836 shares during the period. Apeiron RIA LLC grew its position in Virtus Terranova U.S. Quality Momentum ETF by 9.7% during the third quarter. Apeiron RIA LLC now owns 60,712 shares of the company’s stock worth $2,569,000 after buying an additional 5,384 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in Virtus Terranova U.S. Quality Momentum ETF by 78.8% in the 2nd quarter. Osaic Holdings Inc. now owns 106,057 shares of the company’s stock worth $4,338,000 after acquiring an additional 46,744 shares during the last quarter.

Virtus Terranova U.S. Quality Momentum ETF Stock Up 0.9%

NASDAQ:JOET opened at $42.62 on Wednesday. The stock has a market cap of $238.67 million, a P/E ratio of 23.27 and a beta of 1.06. The business’s 50-day moving average price is $42.68 and its two-hundred day moving average price is $42.39. Virtus Terranova U.S. Quality Momentum ETF has a twelve month low of $31.56 and a twelve month high of $43.49.

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.