Virtus Terranova US Quality Momentum ETF
JOET
32 hedge funds and large institutions have $44.6M invested in Virtus Terranova US Quality Momentum ETF in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 8
29% more capital invested
Capital invested by funds: $34.7M → $44.6M (+$9.95M)
7.01% more ownership
Funds ownership: 31.55% → 38.56% (+7%)
3% less funds holding
Funds holding: 33 → 32 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$5.22M |
| 2 |
Morgan Stanley
New York
|
+$2.05M |
| 3 |
EAM
Empirical Asset Management
Wellesley,
Massachusetts
|
+$1.45M |
| 4 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$1.43M |
| 5 |
MSFS
Main Street Financial Solutions
Newtown,
Pennsylvania
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$2.53M |
| 2 |
Goldman Sachs
New York
|
-$590K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$443K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$261K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$204K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| $25.2K | +$1.75K | +50 | +8% |
|
|
CFD
27
Creative Financial Designs
Kokomo,
Indiana
| $17.9K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $16K | – | – | – |
|
29
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $13K | +$12.6K | +360 | New |
|
|
AF
30
Advisornet Financial
Minnetonka,
Minnesota
| $4.16K | – | – | – |
|
|
PCMC
31
Planning Capital Management Corporation
Paoli,
Pennsylvania
| $552 | +$140 | +4 | +36% |
|
|
DCM
32
Davidson Capital Management
Corpus Christi,
Texas
| $295 | – | – | – |
|
|
HNB
33
Huntington National Bank
Columbus,
Ohio
| $37 | – | – | – |
|
|
34
MML Investors Services
Springfield,
Massachusetts
| – | -$443K | -12,916 | Closed |
|
|
AWS
35
Atria Wealth Solutions
New York
| – | -$261K | -7,594 | Closed |
|
|
36
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$204K | -5,956 | Closed |
|
|
MIA
37
Milestone Investment Advisors
Middleton,
Wisconsin
| – | -$111K | -3,238 | Closed |
|
JOET Hedge Fund Activity: Q3 2024 in Review
32 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q3 2024, worth a combined $44.6M — up 29% from $34.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of JOET and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 16 added.
The largest buyer was Financial Enhancement Group, opening a new position worth an estimated $5.22M. The largest seller was NewEdge Advisors, cutting an estimated $2.53M.
- 32 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q3 2024, down from 33 in Q2 2024.
- Funds reported $44.6M of Virtus Terranova US Quality Momentum ETF stock for Q3 2024, up 29% quarter-over-quarter.
- 3 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q3 2024 and 4 closed out, a net change of -1 holder.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q3 2024 was Financial Enhancement Group, an estimated $5.22M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q3 2024 was NewEdge Advisors, an estimated $2.53M sold.
Based on aggregated 13F filings for Q3 2024.