32,559 iShares MSCI USA Quality GARP ETF $GARP Shares Bought by Optima Capital LLC

Optima Capital LLC boosted its holdings in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) by 44.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 105,786 shares of the company’s stock after purchasing an additional 32,559 shares during the period. iShares MSCI USA Quality GARP ETF accounts for approximately 3.6% of Optima Capital LLC’s investment portfolio, making the stock its 4th biggest holding. Optima Capital LLC’s holdings in iShares MSCI USA Quality GARP ETF were worth $9,019,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Resonant Capital Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality GARP ETF during the first quarter worth about $50,190,000. Envestnet Asset Management Inc. grew its holdings in shares of iShares MSCI USA Quality GARP ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 545,252 shares of the company’s stock worth $45,011,000 after buying an additional 43,119 shares during the last quarter. Cetera Investment Advisers increased its position in iShares MSCI USA Quality GARP ETF by 25.3% in the 1st quarter. Cetera Investment Advisers now owns 612,564 shares of the company’s stock valued at $39,186,000 after acquiring an additional 123,760 shares during the period. First Community Trust NA acquired a new position in iShares MSCI USA Quality GARP ETF in the 3rd quarter valued at about $36,135,000. Finally, Bank of America Corp DE raised its stake in iShares MSCI USA Quality GARP ETF by 52.0% during the 1st quarter. Bank of America Corp DE now owns 546,192 shares of the company’s stock valued at $34,940,000 after acquiring an additional 186,930 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Stock Performance

BATS:GARP opened at $77.63 on Monday. The firm has a market cap of $652.09 million, a P/E ratio of 29.61 and a beta of 1.14. The stock’s 50 day simple moving average is $83.45 and its 200-day simple moving average is $76.55. 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 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.