Sigma Planning Corp Takes Position in iShares MSCI USA Quality GARP ETF $GARP

Sigma Planning Corp acquired a new stake in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 129,075 shares of the company’s stock, valued at approximately $8,257,000. Sigma Planning Corp owned 1.54% of iShares MSCI USA Quality GARP ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GARP. Archer Investment Management LLC bought a new position in iShares MSCI USA Quality GARP ETF during the 4th quarter valued at $597,000. CGN Advisors LLC raised its stake in shares of iShares MSCI USA Quality GARP ETF by 23.9% in the 4th quarter. CGN Advisors LLC now owns 86,919 shares of the company’s stock worth $5,919,000 after buying an additional 16,752 shares in the last quarter. Keystone Global Partners LLC bought a new stake in shares of iShares MSCI USA Quality GARP ETF in the 4th quarter worth $5,843,000. Certified Advisory Corp lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 273.3% in the first quarter. Certified Advisory Corp now owns 133,439 shares of the company’s stock valued at $8,536,000 after buying an additional 97,694 shares during the period. Finally, Optima Capital LLC acquired a new stake in shares of iShares MSCI USA Quality GARP ETF in the fourth quarter valued at $4,013,000.

iShares MSCI USA Quality GARP ETF Stock Up 0.9%

BATS:GARP opened at $81.35 on Wednesday. The business’s 50-day moving average price is $79.67 and its 200 day moving average price is $72.42. iShares MSCI USA Quality GARP ETF has a 52-week low of $60.01 and a 52-week high of $83.40. The firm has a market cap of $683.34 million, a P/E ratio of 29.61 and a beta of 1.14.

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.