Dynamic Advisor Solutions LLC Has $715,000 Holdings in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP)

Dynamic Advisor Solutions LLC boosted its holdings in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) by 61.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,018 shares of the company’s stock after acquiring an additional 5,319 shares during the period. Dynamic Advisor Solutions LLC owned approximately 0.21% of iShares MSCI USA Quality GARP ETF worth $715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GARP. Nations Financial Group Inc. IA ADV bought a new position in iShares MSCI USA Quality GARP ETF in the fourth quarter valued at approximately $281,000. Global Retirement Partners LLC bought a new stake in iShares MSCI USA Quality GARP ETF in the 4th quarter valued at $34,000. Flagstar Advisors Inc. bought a new stake in iShares MSCI USA Quality GARP ETF in the 4th quarter valued at $592,000. Disciplined Investments LLC acquired a new position in iShares MSCI USA Quality GARP ETF in the 4th quarter worth $819,000. Finally, Raymond James Financial Inc. bought a new position in iShares MSCI USA Quality GARP ETF during the 4th quarter worth about $894,000.

iShares MSCI USA Quality GARP ETF Price Performance

GARP opened at $57.71 on Thursday. The company has a market capitalization of $478.99 million, a price-to-earnings ratio of 30.73 and a beta of 1.14. The business’s 50-day moving average price is $54.49 and its two-hundred day moving average price is $55.22. iShares MSCI USA Quality GARP ETF has a 1 year low of $43.02 and a 1 year high of $59.47.

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.