Leavell Investment Management Inc. Boosts Stock Holdings in iShares MSCI USA Quality GARP ETF $GARP

Leavell Investment Management Inc. raised its holdings in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) by 148.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,804 shares of the company’s stock after purchasing an additional 10,029 shares during the quarter. Leavell Investment Management Inc. owned 0.10% of iShares MSCI USA Quality GARP ETF worth $1,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of GARP. Bogart Wealth LLC boosted its stake in shares of 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 lifted its holdings in iShares MSCI USA Quality GARP ETF by 46.9% in the first quarter. NewEdge Advisors LLC now owns 1,782 shares of the company’s stock valued at $91,000 after acquiring an additional 569 shares during the period. Wagner Wealth Management LLC purchased a new stake in shares of iShares MSCI USA Quality GARP ETF during the 2nd quarter worth $138,000. Steward Partners Investment Advisory LLC grew its stake 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 purchasing an additional 2,091 shares during the period. Finally, Global Retirement Partners LLC increased its holdings in shares of iShares MSCI USA Quality GARP ETF by 21.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,776 shares of the company’s stock valued at $182,000 after purchasing an additional 491 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Stock Up 0.2%

Shares of NYSEARCA GARP opened at $69.50 on Monday. The firm has a 50-day moving average price of $67.96 and a 200 day moving average price of $65.35. iShares MSCI USA Quality GARP ETF has a 52 week low of $43.02 and a 52 week high of $70.49. The stock has a market capitalization of $1.17 billion, a price-to-earnings ratio of 30.61 and a beta of 1.14.

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.