CGN Advisors LLC Takes Position in iShares MSCI USA Quality GARP ETF $GARP

CGN Advisors LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 70,167 shares of the company’s stock, valued at approximately $4,606,000.

Several other large investors have also recently bought and sold shares of the business. Bogart Wealth LLC raised its stake in iShares MSCI USA Quality GARP ETF by 71.4% in the second quarter. Bogart Wealth LLC now owns 1,200 shares of the company’s stock valued at $72,000 after buying an additional 500 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of iShares MSCI USA Quality GARP ETF by 46.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,782 shares of the company’s stock worth $91,000 after acquiring an additional 569 shares in the last quarter. Wagner Wealth Management LLC purchased a new position in shares of iShares MSCI USA Quality GARP ETF in the 2nd quarter valued at about $138,000. Steward Partners Investment Advisory LLC raised its position 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 in the last quarter. Finally, D.A. Davidson & CO. acquired a new stake in shares of iShares MSCI USA Quality GARP ETF during the 2nd quarter worth about $216,000.

iShares MSCI USA Quality GARP ETF Stock Up 1.6%

Shares of GARP opened at $68.26 on Friday. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 30.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a 52-week low of $43.02 and a 52-week high of $69.67. The stock has a 50 day moving average price of $67.26 and a 200 day moving average price of $63.77.

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.