William John Sempolinski bought a new stake in iShares MSCI USA Quality GARP ETF (BATS:GARP – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 23,390 shares of the company’s stock, valued at approximately $1,931,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Resonant Capital Advisors LLC bought a new position in iShares MSCI USA Quality GARP ETF in the first quarter worth approximately $50,190,000. Independent Financial Group LLC acquired a new stake in iShares MSCI USA Quality GARP ETF in the first quarter valued at approximately $20,542,000. Great Valley Advisor Group Inc. increased its holdings in shares of iShares MSCI USA Quality GARP ETF by 1,027.6% during the fourth quarter. Great Valley Advisor Group Inc. now owns 329,905 shares of the company’s stock valued at $22,467,000 after acquiring an additional 300,649 shares in the last quarter. LPL Financial LLC increased its holdings in shares of iShares MSCI USA Quality GARP ETF by 29.5% during the fourth quarter. LPL Financial LLC now owns 1,315,966 shares of the company’s stock valued at $89,617,000 after acquiring an additional 299,858 shares in the last quarter. Finally, Insight Wealth Strategies LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the second quarter worth approximately $20,911,000.
iShares MSCI USA Quality GARP ETF Stock Up 0.6%
Shares of GARP opened at $83.95 on Friday. iShares MSCI USA Quality GARP ETF has a 12-month low of $61.25 and a 12-month high of $85.48. The business’s fifty day moving average is $81.68 and its 200 day moving average is $75.78. The stock has a market cap of $705.18 million, a P/E ratio of 29.61 and a beta of 1.14.
iShares MSCI USA Quality GARP ETF 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.
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