Wagner Wealth Management LLC Buys New Position in iShares MSCI USA Quality GARP ETF $GARP

Wagner Wealth Management LLC bought a new stake in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,288 shares of the company’s stock, valued at approximately $138,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Landaas & Co. WI ADV grew its position in iShares MSCI USA Quality GARP ETF by 13.4% during the first quarter. Landaas & Co. WI ADV now owns 409,098 shares of the company’s stock valued at $20,871,000 after acquiring an additional 48,373 shares during the last quarter. LPL Financial LLC grew its position in iShares MSCI USA Quality GARP ETF by 126.9% during the first quarter. LPL Financial LLC now owns 314,271 shares of the company’s stock valued at $16,033,000 after acquiring an additional 175,784 shares during the last quarter. Park National Corp OH bought a new position in iShares MSCI USA Quality GARP ETF during the second quarter valued at approximately $17,065,000. Cetera Investment Advisers grew its position in iShares MSCI USA Quality GARP ETF by 60.2% during the first quarter. Cetera Investment Advisers now owns 265,265 shares of the company’s stock valued at $13,533,000 after acquiring an additional 99,729 shares during the last quarter. Finally, ARQ Wealth Advisors LLC grew its position in iShares MSCI USA Quality GARP ETF by 22.2% during the first quarter. ARQ Wealth Advisors LLC now owns 209,457 shares of the company’s stock valued at $10,686,000 after acquiring an additional 38,114 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Price Performance

Shares of NYSEARCA GARP opened at $65.44 on Friday. iShares MSCI USA Quality GARP ETF has a one year low of $43.02 and a one year high of $66.32. The firm’s 50 day simple moving average is $62.77 and its two-hundred day simple moving average is $57.64. The stock has a market capitalization of $644.58 million, a P/E ratio of 30.61 and a beta of 1.15.

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.