D Orazio & Associates Inc. Grows Holdings in iShares MSCI USA Quality GARP ETF $GARP

D Orazio & Associates Inc. grew its position in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) by 8.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 132,525 shares of the company’s stock after acquiring an additional 10,094 shares during the period. iShares MSCI USA Quality GARP ETF comprises approximately 1.1% of D Orazio & Associates Inc.’s investment portfolio, making the stock its 19th biggest position. D Orazio & Associates Inc. owned approximately 0.77% of iShares MSCI USA Quality GARP ETF worth $8,699,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Leavell Investment Management Inc. raised its position in shares of iShares MSCI USA Quality GARP ETF by 148.0% during the 3rd quarter. Leavell Investment Management Inc. now owns 16,804 shares of the company’s stock worth $1,103,000 after purchasing an additional 10,029 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares MSCI USA Quality GARP ETF by 17.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 53,576 shares of the company’s stock worth $3,235,000 after buying an additional 8,153 shares during the last quarter. Thoroughbred Financial Services LLC purchased a new stake in iShares MSCI USA Quality GARP ETF during the 2nd quarter worth approximately $1,385,000. CGN Advisors LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the third quarter valued at approximately $4,606,000. Finally, D.A. Davidson & CO. acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the second quarter valued at approximately $216,000.

iShares MSCI USA Quality GARP ETF Price Performance

NYSEARCA GARP opened at $67.88 on Friday. The stock’s 50 day simple moving average is $68.77 and its 200-day simple moving average is $66.54. The company has a market cap of $1.22 billion, a PE ratio of 30.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a 1-year low of $43.02 and a 1-year high of $71.50.

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.