Virtus Terranova US Quality Momentum ETF
JOET
25 hedge funds and large institutions have $27.6M invested in Virtus Terranova US Quality Momentum ETF in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
35% more capital invested
Capital invested by funds: $20.5M → $27.6M (+$7.15M)
2.1% more ownership
Funds ownership: 24.22% → 26.32% (+2.1%)
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.96M |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$2.16M |
| 3 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
+$1.18M |
| 4 |
MSFS
Main Street Financial Solutions
Newtown,
Pennsylvania
|
+$565K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.49M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$638K |
| 3 |
ZIMP
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
|
-$477K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$426K |
| 5 |
PWM
Palumbo Wealth Management
Great Neck,
New York
|
-$314K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
26
Huntington National Bank
Columbus,
Ohio
| $34 | – | – | – |
|
|
27
Citadel Advisors
Miami,
Florida
| – | -$638K | -20,788 | Closed |
|
|
ZIMP
28
Zimmermann Investment Management & Planning
New Cumberland,
Pennsylvania
| – | -$477K | -15,549 | Closed |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| – | -$23K | -750 | Closed |
|
JOET Hedge Fund Activity: Q1 2024 in Review
25 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q1 2024, worth a combined $27.6M — up 35% from $20.5M a quarter earlier.
Fund positioning in JOET was balanced in Q1 2024: 3 funds opened new positions, 3 closed out, 12 added to existing stakes and 6 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.96M. The largest seller was Morgan Stanley, cutting an estimated $1.49M.
- 25 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $27.6M of Virtus Terranova US Quality Momentum ETF stock for Q1 2024, up 35% quarter-over-quarter.
- 3 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q1 2024 and 3 closed out, a net change of 0 holders.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q1 2024 was LPL Financial, an estimated $2.96M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q1 2024 was Morgan Stanley, an estimated $1.49M sold.
Based on aggregated 13F filings for Q1 2024.