Truist Financial Corp Purchases Shares of 49,117 iShares MSCI USA Quality GARP ETF $GARP

Truist Financial Corp acquired a new position in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) during the third quarter, HoldingsChannel.com reports. The fund acquired 49,117 shares of the company’s stock, valued at approximately $3,224,000.

Several other large investors have also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in iShares MSCI USA Quality GARP ETF in the third quarter valued at approximately $40,000. Bogart Wealth LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 71.4% during the 2nd quarter. Bogart Wealth LLC now owns 1,200 shares of the company’s stock valued at $72,000 after purchasing an additional 500 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 46.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,782 shares of the company’s stock valued at $91,000 after purchasing an additional 569 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its position in shares of iShares MSCI USA Quality GARP ETF by 232.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,991 shares of the company’s stock worth $181,000 after purchasing an additional 2,091 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its position in shares of iShares MSCI USA Quality GARP ETF by 21.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,776 shares of the company’s stock worth $182,000 after purchasing an additional 491 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Price Performance

Shares of NYSEARCA:GARP opened at $66.28 on Friday. The business’s 50-day moving average is $68.81 and its 200 day moving average is $66.10. iShares MSCI USA Quality GARP ETF has a 1 year low of $43.02 and a 1 year high of $71.50. The firm has a market capitalization of $1.19 billion, a P/E ratio of 30.61 and a beta of 1.14.

About iShares MSCI USA Quality GARP ETF

The iShares MSCI USA Quality GARP ETF (GARP) is an exchange-traded fund that is based on the MSCI USA Quality GARP Select index. The fund tracks an index of US large- and mid-cap growth stocks with perceived quality and value characteristics. GARP was launched on Jun 14, 2020 and is issued by BlackRock.