Marshall & Sterling Wealth Advisors Inc. Takes Position in iShares MSCI USA Quality GARP ETF $GARP

Marshall & Sterling Wealth Advisors Inc. bought a new position in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) during the third quarter, according to its most recent filing with the SEC. The fund bought 66,533 shares of the company’s stock, valued at approximately $4,363,000. iShares MSCI USA Quality GARP ETF accounts for 2.8% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 11th largest holding.

Other large investors have also added to or reduced their stakes in the company. Landaas & Co. WI ADV increased its stake in shares of iShares MSCI USA Quality GARP ETF by 0.9% during the 3rd quarter. Landaas & Co. WI ADV now owns 427,979 shares of the company’s stock worth $28,094,000 after purchasing an additional 3,801 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of iShares MSCI USA Quality GARP ETF in the 2nd quarter worth approximately $24,721,000. Cetera Investment Advisers lifted its stake in iShares MSCI USA Quality GARP ETF by 53.7% in the second quarter. Cetera Investment Advisers now owns 407,668 shares of the company’s stock valued at $24,615,000 after purchasing an additional 142,403 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in iShares MSCI USA Quality GARP ETF by 20.0% during the third quarter. Commonwealth Equity Services LLC now owns 324,041 shares of the company’s stock valued at $21,270,000 after purchasing an additional 53,972 shares during the period. Finally, Park National Corp OH increased its position in iShares MSCI USA Quality GARP ETF by 3.3% in the third quarter. Park National Corp OH now owns 292,023 shares of the company’s stock worth $19,168,000 after buying an additional 9,400 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Price Performance

Shares of GARP opened at $67.88 on Friday. iShares MSCI USA Quality GARP ETF has a 1 year low of $43.02 and a 1 year high of $71.50. The stock’s fifty day moving average price is $68.77 and its two-hundred day moving average price is $66.54. The firm has a market cap of $1.22 billion, a PE ratio of 30.61 and a beta of 1.14.

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.