Virtus Terranova US Quality Momentum ETF
JOET
14 hedge funds and large institutions have $4.81M invested in Virtus Terranova US Quality Momentum ETF in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
2.42% less ownership
Funds ownership: 8.54% → 6.12% (-2.4%)
18% less funds holding
Funds holding: 17 → 14 (-3)
26% less capital invested
Capital invested by funds: $6.48M → $4.81M (-$1.67M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
+$1.78M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$696K |
| 3 |
LPL Financial
San Diego,
California
|
+$221K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$83.4K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$29.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.26M |
| 2 |
Jane Street
New York
|
-$256K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$109K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$105K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$22.8K |
JOET Hedge Fund Activity: Q2 2021 in Review
14 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Virtus Terranova US Quality Momentum ETF (JOET) for Q2 2021, worth a combined $4.81M — down 26% from $6.48M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of JOET and 4 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Ahrens Investment Partners, opening a new position worth an estimated $1.78M. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $4.26M sold.
- 14 institutional investors held Virtus Terranova US Quality Momentum ETF (JOET) as of Q2 2021, down from 17 in Q1 2021.
- Funds reported $4.81M of Virtus Terranova US Quality Momentum ETF stock for Q2 2021, down 26% quarter-over-quarter.
- 4 funds opened new Virtus Terranova US Quality Momentum ETF positions in Q2 2021 and 7 closed out, a net change of -3 holders.
- The largest Virtus Terranova US Quality Momentum ETF buyer in Q2 2021 was Ahrens Investment Partners, an estimated $1.78M added.
- The largest Virtus Terranova US Quality Momentum ETF seller in Q2 2021 was Royal Bank of Canada, an estimated $4.26M sold.
Based on aggregated 13F filings for Q2 2021.