Olde Wealth Management LLC Purchases New Holdings in iShares MSCI USA Quality GARP ETF $GARP

Olde Wealth Management LLC purchased a new position in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 144,951 shares of the company’s stock, valued at approximately $9,901,000. iShares MSCI USA Quality GARP ETF accounts for approximately 3.1% of Olde Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Olde Wealth Management LLC owned approximately 0.84% of iShares MSCI USA Quality GARP ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. NewEdge Advisors LLC grew its stake in iShares MSCI USA Quality GARP ETF by 9.2% in the 2nd quarter. NewEdge Advisors LLC now owns 1,946 shares of the company’s stock valued at $118,000 after purchasing an additional 164 shares during the period. Milestones Private Investment Advisors LLC raised its stake in shares of iShares MSCI USA Quality GARP ETF by 0.5% during the 3rd quarter. Milestones Private Investment Advisors LLC now owns 62,661 shares of the company’s stock worth $4,113,000 after purchasing an additional 306 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of iShares MSCI USA Quality GARP ETF by 10.2% in the 3rd quarter. D.A. Davidson & CO. now owns 3,950 shares of the company’s stock worth $259,000 after buying an additional 365 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in shares of iShares MSCI USA Quality GARP ETF by 21.5% in the 3rd quarter. Global Retirement Partners LLC now owns 2,776 shares of the company’s stock worth $182,000 after buying an additional 491 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in iShares MSCI USA Quality GARP ETF during the third quarter valued at about $40,000.

iShares MSCI USA Quality GARP ETF Stock Performance

BATS GARP opened at $65.73 on Friday. iShares MSCI USA Quality GARP ETF has a 52-week low of $43.02 and a 52-week high of $71.50. The company has a 50-day simple moving average of $68.54 and a 200 day simple moving average of $67.14. The company has a market capitalization of $552.13 million, a PE 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.