Sigma Planning Corp Takes Position in iShares MSCI USA Quality GARP ETF $GARP

Sigma Planning Corp acquired a new position in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 129,075 shares of the company’s stock, valued at approximately $8,257,000.

A number of other institutional investors have also recently bought and sold shares of GARP. Allworth Financial LP acquired a new position in iShares MSCI USA Quality GARP ETF in the 4th quarter worth about $33,000. Sankala Group LLC acquired a new stake in shares of iShares MSCI USA Quality GARP ETF during the 4th quarter valued at about $38,000. Assetmark Inc. acquired a new stake in shares of iShares MSCI USA Quality GARP ETF during the 4th quarter valued at about $42,000. New England Capital Financial Advisors LLC acquired a new stake in shares of iShares MSCI USA Quality GARP ETF during the 1st quarter valued at about $65,000. Finally, Bank of Montreal Can grew its stake in shares of iShares MSCI USA Quality GARP ETF by 180.4% in the 4th quarter. Bank of Montreal Can now owns 973 shares of the company’s stock valued at $66,000 after buying an additional 626 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Stock Performance

BATS:GARP opened at $81.35 on Wednesday. The stock’s 50 day moving average price is $79.67 and its 200 day moving average price is $72.42. iShares MSCI USA Quality GARP ETF has a 52 week low of $60.01 and a 52 week high of $83.40. The company has a market capitalization of $683.34 million, a P/E ratio of 29.61 and a beta of 1.14.

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.