Wavvest Wealth LLC Acquires New Holdings in iShares MSCI USA Quality GARP ETF $GARP

Wavvest Wealth LLC acquired a new position in iShares MSCI USA Quality GARP ETF (BATS:GARP) in the 3rd quarter, HoldingsChannel reports. The firm acquired 26,840 shares of the company’s stock, valued at approximately $2,288,000. iShares MSCI USA Quality GARP ETF accounts for about 1.8% of Wavvest Wealth LLC’s holdings, making the stock its 15th biggest position.

A number of other large investors also recently modified their holdings of the stock. Resonant Capital Advisors LLC bought a new position in shares of iShares MSCI USA Quality GARP ETF in the first quarter valued at approximately $50,190,000. First Community Trust NA purchased a new position in shares of iShares MSCI USA Quality GARP ETF during the third quarter valued at approximately $36,135,000. Independent Financial Group LLC bought a new stake in iShares MSCI USA Quality GARP ETF during the first quarter worth $20,542,000. Park National Corp OH bought a new stake in iShares MSCI USA Quality GARP ETF during the third quarter worth $23,468,000. Finally, Insight Wealth Strategies LLC bought a new stake in iShares MSCI USA Quality GARP ETF during the second quarter worth $20,911,000.

iShares MSCI USA Quality GARP ETF Trading Up 0.6%

BATS GARP opened at $82.22 on Thursday. The firm has a market capitalization of $690.65 million, a P/E ratio of 29.61 and a beta of 1.14. The business has a fifty day simple moving average of $84.02 and a 200 day simple moving average of $79.99. iShares MSCI USA Quality GARP ETF has a 12 month low of $61.25 and a 12 month high of $88.15.

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.