iShares MSCI USA Quality GARP ETF (BATS:GARP) Short Interest Update

iShares MSCI USA Quality GARP ETF (BATS:GARP) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 52,530 shares, a growth of 62.3% from the June 30th total of 32,374 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 299,720 shares, the short-interest ratio is presently 0.2 days.

iShares MSCI USA Quality GARP ETF Stock Up 3.0%

Shares of GARP opened at $78.98 on Friday. The stock has a market cap of $663.43 million, a PE ratio of 29.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a 12-month low of $60.01 and a 12-month high of $83.40. The business has a 50-day simple moving average of $80.19 and a two-hundred day simple moving average of $73.26.

Institutional Investors Weigh In On iShares MSCI USA Quality GARP ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Insight Wealth Strategies LLC bought a new position in shares of iShares MSCI USA Quality GARP ETF during the second quarter valued at $20,911,000. Key Client Fiduciary Advisors LLC increased its stake in shares of iShares MSCI USA Quality GARP ETF by 771.3% in the second quarter. Key Client Fiduciary Advisors LLC now owns 92,535 shares of the company’s stock valued at $7,639,000 after buying an additional 81,915 shares during the period. Breakwater Capital Group raised its position in shares of iShares MSCI USA Quality GARP ETF by 4.5% during the second quarter. Breakwater Capital Group now owns 11,740 shares of the company’s stock worth $969,000 after acquiring an additional 502 shares during the last quarter. Dynamic Advisor Solutions LLC raised its position in shares of iShares MSCI USA Quality GARP ETF by 1.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 22,622 shares of the company’s stock worth $1,867,000 after acquiring an additional 339 shares during the last quarter. Finally, Avior Wealth Management LLC raised its position in shares of iShares MSCI USA Quality GARP ETF by 418.5% during the second quarter. Avior Wealth Management LLC now owns 60,758 shares of the company’s stock worth $5,016,000 after acquiring an additional 49,040 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.