144,951 Shares in iShares MSCI USA Quality GARP ETF $GARP Acquired by Olde Wealth Management LLC

Olde Wealth Management LLC acquired a new stake in iShares MSCI USA Quality GARP ETF (BATS:GARP) during the 3rd quarter, HoldingsChannel reports. The firm acquired 144,951 shares of the company’s stock, valued at approximately $9,901,000. iShares MSCI USA Quality GARP ETF accounts for about 3.1% of Olde Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in iShares MSCI USA Quality GARP ETF in the third quarter worth $40,000. NewEdge Advisors LLC raised its stake in shares of 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 buying an additional 569 shares during the period. JPMorgan Chase & Co. purchased a new position in shares of iShares MSCI USA Quality GARP ETF during the 3rd quarter valued at $140,000. Global Retirement Partners LLC lifted its position in shares of iShares MSCI USA Quality GARP ETF by 21.5% during the 3rd quarter. Global Retirement Partners LLC now owns 2,776 shares of the company’s stock valued at $182,000 after buying an additional 491 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its stake in shares of iShares MSCI USA Quality GARP ETF by 232.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 2,991 shares of the company’s stock worth $181,000 after acquiring an additional 2,091 shares during the period.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of GARP opened at $65.73 on Friday. The business has a 50-day moving average of $68.54 and a 200 day moving average of $67.14. iShares MSCI USA Quality GARP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $71.50. The firm has a market cap of $552.13 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.