iShares MSCI USA Quality GARP ETF (BATS:GARP – Get Free Report) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 217,951 shares, an increase of 80.6% from the September 30th total of 120,714 shares. Based on an average trading volume of 543,563 shares, the days-to-cover ratio is presently 0.4 days. Currently, 2.6% of the company’s stock are sold short.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Resonant Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality GARP ETF in the first quarter worth $50,190,000. Landaas & Co. WI ADV purchased a new stake in shares of iShares MSCI USA Quality GARP ETF during the third quarter valued at $48,345,000. Envestnet Asset Management Inc. boosted its position in shares of iShares MSCI USA Quality GARP ETF by 8.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 545,252 shares of the company’s stock valued at $45,011,000 after purchasing an additional 43,119 shares during the period. Cetera Investment Advisers boosted its position in shares of iShares MSCI USA Quality GARP ETF by 25.3% in the 1st quarter. Cetera Investment Advisers now owns 612,564 shares of the company’s stock valued at $39,186,000 after purchasing an additional 123,760 shares during the period. Finally, First Community Trust NA purchased a new position in iShares MSCI USA Quality GARP ETF in the 3rd quarter worth about $36,135,000.
iShares MSCI USA Quality GARP ETF Price Performance
GARP traded up $0.56 during trading on Monday, hitting $78.19. The company had a trading volume of 135,427 shares, compared to its average volume of 317,180. The company has a market cap of $656.80 million, a PE ratio of 29.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a 1-year low of $61.25 and a 1-year high of $88.15. The business has a 50-day moving average of $83.45 and a 200-day moving average of $76.55.
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.
Further Reading
- Five stocks we like better than iShares MSCI USA Quality GARP ETF
- Alphabet’s $400 Billion Sell-Off Could Be the Best AI Buying Window Left in 2026
- 3 Tech Stocks Boosting Buyback Capacity in the Face of the Sector’s Recent Tumble
- Strategy Pauses Bitcoin Buys to Focus on Preferred Stock Buybacks
- Uranium Prices Are Near Historic Highs—So Why Hasn’t Cameco Followed?
Receive News & Ratings for iShares MSCI USA Quality GARP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI USA Quality GARP ETF and related companies with MarketBeat.com's FREE daily email newsletter.
