iShares MSCI USA Quality GARP ETF (BATS:GARP) Stock Short Interest Report for September

iShares MSCI USA Quality GARP ETF (BATS:GARP) was the recipient of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 120,714 shares, a drop of 35.7% from the September 15th total of 187,645 shares. Based on an average daily trading volume, of 490,675 shares, the short-interest ratio is currently 0.2 days. Approximately 1.4% of the shares of the company are sold short.

iShares MSCI USA Quality GARP ETF Stock Performance

GARP stock opened at $83.38 on Friday. The stock has a market capitalization of $700.39 million, a price-to-earnings 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 stock’s fifty day moving average is $84.17 and its two-hundred day moving average is $79.49.

Hedge Funds Weigh In On iShares MSCI USA Quality GARP ETF

Several institutional investors have recently modified their holdings of GARP. Ancora Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality GARP ETF in the 2nd quarter worth about $33,000. Sankala Group LLC bought a new stake in iShares MSCI USA Quality GARP ETF in the 4th quarter valued at about $38,000. New England Capital Financial Advisors LLC bought a new stake in iShares MSCI USA Quality GARP ETF in the 1st quarter valued at about $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 valued at $132,000 after purchasing an additional 1,992 shares during the last quarter. Finally, Comprehensive Financial Planning Inc. PA lifted its position in iShares MSCI USA Quality GARP ETF by 43.1% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 2,601 shares of the company’s stock valued at $215,000 after purchasing an additional 784 shares during the last quarter.

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.