Certified Advisory Corp Acquires 97,694 Shares of iShares MSCI USA Quality GARP ETF $GARP

Certified Advisory Corp lifted its holdings in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) by 273.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,439 shares of the company’s stock after buying an additional 97,694 shares during the quarter. Certified Advisory Corp owned about 1.59% of iShares MSCI USA Quality GARP ETF worth $8,536,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of GARP. Great Valley Advisor Group Inc. lifted its holdings in iShares MSCI USA Quality GARP ETF by 1,027.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 329,905 shares of the company’s stock valued at $22,467,000 after buying an additional 300,649 shares during the period. LPL Financial LLC grew its holdings in 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 acquiring an additional 299,858 shares during the period. MML Investors Services LLC grew its holdings in iShares MSCI USA Quality GARP ETF by 345.9% during the 4th quarter. MML Investors Services LLC now owns 248,106 shares of the company’s stock worth $16,896,000 after acquiring an additional 192,460 shares during the period. Goldman Sachs Group Inc. raised its position in shares of iShares MSCI USA Quality GARP ETF by 2,984.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 187,223 shares of the company’s stock valued at $12,750,000 after acquiring an additional 181,154 shares during the last quarter. Finally, Capital Analysts LLC bought a new stake in shares of iShares MSCI USA Quality GARP ETF during the 4th quarter valued at $10,795,000.

iShares MSCI USA Quality GARP ETF Stock Down 2.8%

GARP stock opened at $79.01 on Wednesday. The business’s fifty day moving average is $77.11 and its 200-day moving average is $71.08. The company has a market cap of $663.68 million, a P/E ratio of 29.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a twelve month low of $58.63 and a twelve month 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.