567,029 Shares in iShares MSCI USA Quality GARP ETF $GARP Bought by Landaas & Co. WI ADV

Landaas & Co. WI ADV purchased a new position in iShares MSCI USA Quality GARP ETF (BATS:GARP) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 567,029 shares of the company’s stock, valued at approximately $48,345,000. iShares MSCI USA Quality GARP ETF comprises approximately 8.0% of Landaas & Co. WI ADV’s holdings, making the stock its 4th largest holding. Landaas & Co. WI ADV owned approximately 0.07% of iShares MSCI USA Quality GARP ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GARP. Ancora Advisors LLC acquired a new stake in iShares MSCI USA Quality GARP ETF in the second quarter valued at approximately $33,000. Root Financial Partners LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the third quarter worth approximately $47,000. Latitude Advisors LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the third quarter worth approximately $52,000. Fifth Third Bancorp raised its position in shares of iShares MSCI USA Quality GARP ETF by 2,553.8% during the first quarter. Fifth Third Bancorp now owns 2,070 shares of the company’s stock worth $132,000 after purchasing an additional 1,992 shares during the period. Finally, Comprehensive Financial Planning Inc. PA raised its position in shares of iShares MSCI USA Quality GARP ETF by 43.1% during the second quarter. Comprehensive Financial Planning Inc. PA now owns 2,601 shares of the company’s stock worth $215,000 after purchasing an additional 784 shares during the period.

iShares MSCI USA Quality GARP ETF Stock Down 1.2%

Shares of GARP opened at $76.70 on Tuesday. iShares MSCI USA Quality GARP ETF has a 12-month low of $61.25 and a 12-month high of $88.15. The business’s fifty day moving average is $83.33 and its 200 day moving average is $76.59. The stock has a market cap of $644.28 million, a P/E ratio of 29.61 and a beta of 1.14.

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.