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

Key Client Fiduciary Advisors LLC boosted its position in iShares MSCI USA Quality GARP ETF (BATS:GARP) by 771.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 92,535 shares of the company’s stock after purchasing an additional 81,915 shares during the quarter. iShares MSCI USA Quality GARP ETF makes up approximately 2.2% of Key Client Fiduciary Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Key Client Fiduciary Advisors LLC owned about 1.10% of iShares MSCI USA Quality GARP ETF worth $7,639,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Integrated Wealth Concepts LLC bought a new position in shares of iShares MSCI USA Quality GARP ETF during the 1st quarter worth approximately $262,000. NewEdge Advisors LLC boosted its stake in iShares MSCI USA Quality GARP ETF by 46.9% in the first quarter. NewEdge Advisors LLC now owns 1,782 shares of the company’s stock valued at $91,000 after acquiring an additional 569 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in iShares MSCI USA Quality GARP ETF in the first quarter worth $803,000. Jane Street Group LLC grew its holdings in iShares MSCI USA Quality GARP ETF by 150.9% in the first quarter. Jane Street Group LLC now owns 14,499 shares of the company’s stock worth $740,000 after purchasing an additional 8,721 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of iShares MSCI USA Quality GARP ETF by 45.0% during the second quarter. Raymond James Financial Inc. now owns 88,764 shares of the company’s stock worth $5,360,000 after purchasing an additional 27,562 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Price Performance

Shares of BATS:GARP opened at $83.44 on Monday. The business’s 50-day moving average is $80.45 and its 200 day moving average is $73.79. iShares MSCI USA Quality GARP ETF has a 1 year low of $60.33 and a 1 year high of $84.32. The firm has a market capitalization of $700.90 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.