Key Client Fiduciary Advisors LLC Increases Position in iShares MSCI USA Quality GARP ETF $GARP

Key Client Fiduciary Advisors LLC lifted its position in iShares MSCI USA Quality GARP ETF (BATS:GARP) by 771.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 92,535 shares of the company’s stock after acquiring an additional 81,915 shares during the period. iShares MSCI USA Quality GARP ETF accounts for approximately 2.2% of Key Client Fiduciary Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Key Client Fiduciary Advisors LLC’s holdings in iShares MSCI USA Quality GARP ETF were worth $7,639,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its holdings in shares of iShares MSCI USA Quality GARP ETF by 9.2% in the second quarter. NewEdge Advisors LLC now owns 1,946 shares of the company’s stock valued at $118,000 after purchasing an additional 164 shares during the period. Kane Investment Management Inc. lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 3.3% during the fourth quarter. Kane Investment Management Inc. now owns 6,267 shares of the company’s stock worth $427,000 after purchasing an additional 201 shares during the period. Stonebridge Wealth Management LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 0.7% during the first quarter. Stonebridge Wealth Management LLC now owns 30,107 shares of the company’s stock worth $1,926,000 after purchasing an additional 218 shares during the period. Dynamic Advisor Solutions LLC boosted its position in iShares MSCI USA Quality GARP ETF by 1.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 22,622 shares of the company’s stock valued at $1,867,000 after buying an additional 339 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its position in iShares MSCI USA Quality GARP ETF by 13.9% in the fourth quarter. Global Retirement Partners LLC now owns 3,163 shares of the company’s stock valued at $215,000 after buying an additional 387 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of BATS:GARP opened at $83.44 on Monday. iShares MSCI USA Quality GARP ETF has a twelve month low of $60.33 and a twelve month high of $84.32. The company’s 50 day moving average is $80.45 and its 200 day moving average is $73.79. The company has a market cap of $700.90 million, a PE ratio of 29.61 and a beta of 1.14.

iShares MSCI USA Quality GARP ETF Company Profile

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.