Certified Advisory Corp Makes New $2.43 Million Investment in iShares MSCI USA Quality GARP ETF $GARP

Certified Advisory Corp bought a new position in iShares MSCI USA Quality GARP ETF (BATS:GARP) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 35,745 shares of the company’s stock, valued at approximately $2,434,000. Certified Advisory Corp owned about 0.24% of iShares MSCI USA Quality GARP ETF as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Breakwater Capital Group bought a new position in shares of iShares MSCI USA Quality GARP ETF in the 4th quarter valued at about $621,000. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI USA Quality GARP ETF by 63.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,336 shares of the company’s stock worth $445,000 after acquiring an additional 2,456 shares during the last quarter. MKT Advisors LLC bought a new stake in iShares MSCI USA Quality GARP ETF during the fourth quarter worth approximately $501,000. Park National Corp OH raised its position in iShares MSCI USA Quality GARP ETF by 1.1% during the fourth quarter. Park National Corp OH now owns 295,367 shares of the company’s stock valued at $20,114,000 after purchasing an additional 3,344 shares during the period. Finally, CGN Advisors LLC raised its position in iShares MSCI USA Quality GARP ETF by 23.9% during the fourth quarter. CGN Advisors LLC now owns 86,919 shares of the company’s stock valued at $5,919,000 after purchasing an additional 16,752 shares during the period.

iShares MSCI USA Quality GARP ETF Price Performance

BATS:GARP opened at $65.33 on Wednesday. The firm has a market capitalization of $548.77 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. The business has a 50 day simple moving average of $68.04 and a 200-day simple moving average of $67.39. 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.