Apeiron RIA LLC Invests $1.28 Million in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET)

Apeiron RIA LLC purchased a new stake in Virtus Terranova U.S. Quality Momentum ETF (NASDAQ:JOET) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 33,875 shares of the company’s stock, valued at approximately $1,280,000. Apeiron RIA LLC owned 0.86% of Virtus Terranova U.S. Quality Momentum ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Orion Portfolio Solutions LLC boosted its stake in shares of Virtus Terranova U.S. Quality Momentum ETF by 14.3% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 15,386 shares of the company’s stock valued at $566,000 after purchasing an additional 1,930 shares in the last quarter. Empirical Asset Management LLC boosted its position in Virtus Terranova U.S. Quality Momentum ETF by 179.3% in the third quarter. Empirical Asset Management LLC now owns 64,636 shares of the company’s stock valued at $2,377,000 after buying an additional 41,494 shares in the last quarter. Main Street Financial Solutions LLC grew its stake in Virtus Terranova U.S. Quality Momentum ETF by 52.5% during the third quarter. Main Street Financial Solutions LLC now owns 48,627 shares of the company’s stock worth $1,789,000 after buying an additional 16,735 shares during the last quarter. Finally, Financial Enhancement Group LLC acquired a new stake in shares of Virtus Terranova U.S. Quality Momentum ETF during the third quarter worth approximately $5,485,000.

Virtus Terranova U.S. Quality Momentum ETF Trading Up 0.4 %

NASDAQ:JOET opened at $40.30 on Friday. The stock has a market capitalization of $171.28 million, a P/E ratio of 19.93 and a beta of 1.02. Virtus Terranova U.S. Quality Momentum ETF has a 1 year low of $31.04 and a 1 year high of $41.13. The firm has a 50 day moving average of $39.29 and a 200-day moving average of $37.15.

Virtus Terranova U.S. Quality Momentum ETF Company 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.