Short Interest in iShares MSCI USA Quality GARP ETF (BATS:GARP) Rises By 106.6%

iShares MSCI USA Quality GARP ETF (BATS:GARP) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 140,611 shares, an increase of 106.6% from the August 15th total of 68,066 shares. Based on an average daily trading volume, of 341,051 shares, the short-interest ratio is currently 0.4 days. Approximately 1.7% of the shares of the company are short sold.

Institutional Trading of iShares MSCI USA Quality GARP ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Capital Analysts LLC grew its stake in shares of iShares MSCI USA Quality GARP ETF by 1.3% in the 2nd quarter. Capital Analysts LLC now owns 335,370 shares of the company’s stock valued at $27,685,000 after purchasing an additional 4,353 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of iShares MSCI USA Quality GARP ETF by 18.1% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 6,829 shares of the company’s stock worth $564,000 after purchasing an additional 1,045 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in iShares MSCI USA Quality GARP ETF by 425.5% during the 2nd quarter. NewEdge Advisors LLC now owns 13,762 shares of the company’s stock valued at $1,136,000 after purchasing an additional 11,143 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of iShares MSCI USA Quality GARP ETF by 100.1% during the second quarter. Citadel Advisors LLC now owns 15,999 shares of the company’s stock worth $1,321,000 after buying an additional 8,005 shares in the last quarter. Finally, Corient Private Wealth LP acquired a new position in shares of iShares MSCI USA Quality GARP ETF in the 2nd quarter worth approximately $496,000.

iShares MSCI USA Quality GARP ETF Stock Down 0.0%

iShares MSCI USA Quality GARP ETF stock opened at $83.07 on Monday. iShares MSCI USA Quality GARP ETF has a 12 month low of $61.25 and a 12 month high of $85.48. The stock has a market cap of $697.79 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. The business has a 50 day moving average price of $81.88 and a two-hundred day moving average price of $76.39.

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.