Citadel Advisors LLC Buys Shares of 40,451 iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP)

Citadel Advisors LLC bought a new stake in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 40,451 shares of the company’s stock, valued at approximately $2,275,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dynamic Advisor Solutions LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the fourth quarter worth about $489,000. Atticus Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the fourth quarter worth about $36,000. Foundations Investment Advisors LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the fourth quarter worth about $930,000. Synergy Asset Management LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the fourth quarter worth about $5,619,000. Finally, Spire Wealth Management acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the fourth quarter worth about $484,000.

iShares MSCI USA Quality GARP ETF Price Performance

GARP stock opened at $56.43 on Friday. The stock has a market capitalization of $386.55 million, a P/E ratio of 28.97 and a beta of 1.14. The business has a 50-day moving average of $51.80 and a 200-day moving average of $54.94. iShares MSCI USA Quality GARP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $59.47.

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.