iShares MSCI USA Quality GARP ETF $GARP Stock Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its position in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) by 83.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 130,796 shares of the company’s stock after acquiring an additional 59,553 shares during the period. Kestra Advisory Services LLC owned 1.56% of iShares MSCI USA Quality GARP ETF worth $11,152,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. NewEdge Advisors LLC grew its position in shares of iShares MSCI USA Quality GARP ETF by 7.1% during the first quarter. NewEdge Advisors LLC now owns 2,619 shares of the company’s stock worth $168,000 after purchasing an additional 173 shares in the last quarter. Ring Mountain Capital LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 7.3% in the third quarter. Ring Mountain Capital LLC now owns 3,354 shares of the company’s stock worth $286,000 after buying an additional 229 shares in the last quarter. City Center Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 9.5% in the third quarter. City Center Advisors LLC now owns 3,244 shares of the company’s stock worth $277,000 after buying an additional 282 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in iShares MSCI USA Quality GARP ETF by 1.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 22,622 shares of the company’s stock worth $1,867,000 after purchasing an additional 339 shares in the last quarter. Finally, Ancora Advisors LLC bought a new position in iShares MSCI USA Quality GARP ETF during the second quarter valued at approximately $33,000.

iShares MSCI USA Quality GARP ETF Stock Up 4.0%

GARP stock opened at $76.69 on Tuesday. iShares MSCI USA Quality GARP ETF has a 52 week low of $61.25 and a 52 week high of $88.15. The firm has a market capitalization of $3.44 billion, a P/E ratio of 24.75 and a beta of 1.23. The company has a fifty day simple moving average of $82.55 and a two-hundred day simple moving average of $76.75.

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.