iShares MSCI USA Quality GARP ETF (BATS:GARP) Stock Short Interest Falls 35.7%

iShares MSCI USA Quality GARP ETF (BATS:GARP – Get Free Report) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 120,714 shares, a decline of 35.7% from the September 15th total of 187,645 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily volume of 490,675 shares, the short-interest ratio is presently 0.2 days.

iShares MSCI USA Quality GARP ETF Trading Down 2.8%

Shares of BATS GARP traded down $2.34 during midday trading on Friday, reaching $81.04. The company’s stock had a trading volume of 698,460 shares, compared to its average volume of 310,491. iShares MSCI USA Quality GARP ETF has a one year low of $61.25 and a one year high of $88.15. The company has a market cap of $680.74 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. The company has a 50 day moving average price of $84.13 and a 200 day moving average price of $79.50.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Ancora Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality GARP ETF during the second quarter worth approximately $33,000. Sankala Group LLC acquired a new position in iShares MSCI USA Quality GARP ETF in the 4th quarter valued at approximately $38,000. New England Capital Financial Advisors LLC acquired a new position in iShares MSCI USA Quality GARP ETF in the 1st quarter valued at approximately $65,000. Fifth Third Bancorp lifted its position in iShares MSCI USA Quality GARP ETF by 2,553.8% in the 1st quarter. Fifth Third Bancorp now owns 2,070 shares of the company’s stock worth $132,000 after buying an additional 1,992 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in iShares MSCI USA Quality GARP ETF by 7.1% in the 1st quarter. NewEdge Advisors LLC now owns 2,619 shares of the company’s stock worth $168,000 after buying an additional 173 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Company Profile

(Get Free Report)

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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