321,121 Shares in iShares MSCI USA Quality GARP ETF $GARP Acquired by Independent Financial Group LLC

Independent Financial Group LLC purchased a new position in iShares MSCI USA Quality GARP ETF (BATS:GARP) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 321,121 shares of the company’s stock, valued at approximately $20,542,000. iShares MSCI USA Quality GARP ETF comprises about 0.6% of Independent Financial Group LLC’s portfolio, making the stock its 20th biggest position. Independent Financial Group LLC owned approximately 3.82% of iShares MSCI USA Quality GARP ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC lifted its position in shares of iShares MSCI USA Quality GARP ETF by 29.5% during the 4th quarter. LPL Financial LLC now owns 1,315,966 shares of the company’s stock worth $89,617,000 after purchasing an additional 299,858 shares during the last quarter. Resonant Capital Advisors LLC purchased a new stake in iShares MSCI USA Quality GARP ETF during the 1st quarter worth about $50,190,000. Cetera Investment Advisers boosted its position in shares of iShares MSCI USA Quality GARP ETF by 6.1% during the 4th quarter. Cetera Investment Advisers now owns 488,804 shares of the company’s stock worth $33,288,000 after acquiring an additional 28,011 shares in the last quarter. Landaas & Co. WI ADV increased its holdings in shares of iShares MSCI USA Quality GARP ETF by 3.7% in the 4th quarter. Landaas & Co. WI ADV now owns 443,970 shares of the company’s stock valued at $30,236,000 after acquiring an additional 15,991 shares during the last quarter. Finally, Great Valley Advisor Group Inc. raised its position in shares of iShares MSCI USA Quality GARP ETF by 1,027.6% during the 4th quarter. Great Valley Advisor Group Inc. now owns 329,905 shares of the company’s stock worth $22,467,000 after acquiring an additional 300,649 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Stock Down 1.4%

GARP stock opened at $80.04 on Friday. The business has a 50 day moving average price of $79.84 and a 200 day moving average price of $72.58. The stock has a market cap of $672.34 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a fifty-two week low of $60.01 and a fifty-two week high of $83.40.

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.