Commonwealth Equity Services LLC Acquires 850,752 Shares of iShares MSCI USA Quality GARP ETF $GARP

Commonwealth Equity Services LLC bought a new position in iShares MSCI USA Quality GARP ETF (BATS:GARP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 850,752 shares of the company’s stock, valued at approximately $72,535,000. Commonwealth Equity Services LLC owned about 0.10% of iShares MSCI USA Quality GARP ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of GARP. Kestra Private Wealth Services LLC acquired a new position in iShares MSCI USA Quality GARP ETF in the third quarter worth about $4,977,000. Bauman Advisory Group LLC increased its holdings in iShares MSCI USA Quality GARP ETF by 6.4% in the third quarter. Bauman Advisory Group LLC now owns 148,589 shares of the company’s stock valued at $12,669,000 after buying an additional 8,875 shares during the last quarter. Landaas & Co. WI ADV acquired a new stake in iShares MSCI USA Quality GARP ETF during the third quarter valued at approximately $48,345,000. Certified Advisory Corp raised its stake in iShares MSCI USA Quality GARP ETF by 18.9% during the third quarter. Certified Advisory Corp now owns 179,958 shares of the company’s stock valued at $15,343,000 after buying an additional 28,555 shares in the last quarter. Finally, Optima Capital LLC lifted its holdings in iShares MSCI USA Quality GARP ETF by 44.5% during the 3rd quarter. Optima Capital LLC now owns 105,786 shares of the company’s stock worth $9,019,000 after buying an additional 32,559 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of BATS GARP traded up $1.18 during trading on Friday, reaching $73.75. The stock had a trading volume of 652,124 shares, compared to its average volume of 325,334. The stock has a market cap of $619.50 million, a PE ratio of 29.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a one year low of $61.25 and a one year high of $88.15. The firm’s 50 day moving average price is $82.70 and its two-hundred day moving average price is $76.71.

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.