Virtus Terranova US Quality Momentum ETF
JOET
33 hedge funds and large institutions have $34.7M invested in Virtus Terranova US Quality Momentum ETF in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
32% more funds holding
Funds holding: 25 → 33 (+8)
25% more capital invested
Capital invested by funds: $27.6M → $34.7M (+$7.02M)
5.22% more ownership
Funds ownership: 26.32% → 31.55% (+5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.62M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.05M |
| 3 |
EAM
Empirical Asset Management
Wellesley,
Massachusetts
|
+$777K |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$452K |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$452K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Mutual Advisors
Omaha,
Nebraska
|
-$3.07M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$147K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$112K |
| 4 |
PWM
Palumbo Wealth Management
Great Neck,
New York
|
-$78.9K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$77.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DFA
26
DHJJ Financial Advisors
Naperville,
Illinois
| $90.9K | +$772 | +23 | +0.9% |
|
27
Comerica Bank
Dallas,
Texas
| $68.7K | – | – | – |
|
28
Fidelity Investments
Boston,
Massachusetts
| $21.8K | +$6.72K | +200 | +46% |
|
|
CFD
29
Creative Financial Designs
Kokomo,
Indiana
| $16.7K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $15K | – | – | – |
|
|
AF
31
Advisornet Financial
Minnetonka,
Minnesota
| $3.88K | – | – | – |
|
|
PCMC
32
Planning Capital Management Corporation
Paoli,
Pennsylvania
| $378 | +$369 | +11 | New |
|
|
DCM
33
Davidson Capital Management
Corpus Christi,
Texas
| $275 | +$269 | +8 | New |
|
|
HNB
34
Huntington National Bank
Columbus,
Ohio
| $34 | – | – | – |
|
|
MA
35
Mutual Advisors
Omaha,
Nebraska
| – | -$3.07M | -89,289 | Closed |
|
JOET Hedge Fund Activity: Q2 2024 in Review
33 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q2 2024, worth a combined $34.7M — up 25% from $27.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new JOET positions and 1 closed out — a net gain of 8 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.62M. The largest seller was Mutual Advisors, exiting entirely with an estimated $3.07M sold.
- 33 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q2 2024, up from 25 in Q1 2024.
- Funds reported $34.7M of Virtus Terranova US Quality Momentum ETF stock for Q2 2024, up 25% quarter-over-quarter.
- 9 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q2 2024 and 1 closed out, a net change of +8 holders.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q2 2024 was Wells Fargo, an estimated $5.62M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q2 2024 was Mutual Advisors, an estimated $3.07M sold.
Based on aggregated 13F filings for Q2 2024.