Marshall & Sterling Wealth Advisors Inc. Purchases Shares of 66,533 iShares MSCI USA Quality GARP ETF $GARP

Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) in the third quarter, according to its most recent filing with the SEC. The firm purchased 66,533 shares of the company’s stock, valued at approximately $4,363,000. iShares MSCI USA Quality GARP ETF accounts for 2.8% of Marshall & Sterling Wealth Advisors Inc.’s portfolio, making the stock its 11th largest holding. Marshall & Sterling Wealth Advisors Inc. owned 0.38% of iShares MSCI USA Quality GARP ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GARP. Landaas & Co. WI ADV boosted its position in shares of iShares MSCI USA Quality GARP ETF by 0.9% during the 3rd quarter. Landaas & Co. WI ADV now owns 427,979 shares of the company’s stock valued at $28,094,000 after purchasing an additional 3,801 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in iShares MSCI USA Quality GARP ETF in the second quarter valued at approximately $24,721,000. Cetera Investment Advisers lifted its stake in iShares MSCI USA Quality GARP ETF by 53.7% in the second quarter. Cetera Investment Advisers now owns 407,668 shares of the company’s stock valued at $24,615,000 after buying an additional 142,403 shares during the period. Commonwealth Equity Services LLC boosted its holdings in shares of iShares MSCI USA Quality GARP ETF by 20.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 324,041 shares of the company’s stock worth $21,270,000 after buying an additional 53,972 shares in the last quarter. Finally, Park National Corp OH grew its position in shares of iShares MSCI USA Quality GARP ETF by 3.3% during the 3rd quarter. Park National Corp OH now owns 292,023 shares of the company’s stock worth $19,168,000 after buying an additional 9,400 shares during the period.

iShares MSCI USA Quality GARP ETF Stock Down 0.1%

NYSEARCA:GARP opened at $67.88 on Friday. iShares MSCI USA Quality GARP ETF has a twelve month low of $43.02 and a twelve month high of $71.50. The company has a fifty day moving average of $68.77 and a 200-day moving average of $66.54. The firm has a market capitalization of $1.22 billion, a P/E ratio of 30.61 and a beta of 1.14.

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.