Lakeshore Capital Group Inc. Takes Position in iShares MSCI USA Quality GARP ETF $GARP

Lakeshore Capital Group Inc. acquired a new stake in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,951 shares of the company’s stock, valued at approximately $359,000. Lakeshore Capital Group Inc. owned 0.07% of iShares MSCI USA Quality GARP ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in GARP. Dynamic Advisor Solutions LLC increased its stake in shares of iShares MSCI USA Quality GARP ETF by 61.1% in the first quarter. Dynamic Advisor Solutions LLC now owns 14,018 shares of the company’s stock worth $715,000 after buying an additional 5,319 shares during the last quarter. D Orazio & Associates Inc. increased its stake in shares of iShares MSCI USA Quality GARP ETF by 61.0% in the first quarter. D Orazio & Associates Inc. now owns 49,710 shares of the company’s stock worth $2,536,000 after buying an additional 18,839 shares during the last quarter. LongView Wealth Management increased its stake in shares of iShares MSCI USA Quality GARP ETF by 303.2% in the first quarter. LongView Wealth Management now owns 18,951 shares of the company’s stock worth $967,000 after buying an additional 14,251 shares during the last quarter. Spire Wealth Management increased its stake in shares of iShares MSCI USA Quality GARP ETF by 5.9% in the first quarter. Spire Wealth Management now owns 9,111 shares of the company’s stock worth $465,000 after buying an additional 509 shares during the last quarter. Finally, Golden State Wealth Management LLC increased its stake in shares of iShares MSCI USA Quality GARP ETF by 538.8% in the first quarter. Golden State Wealth Management LLC now owns 17,312 shares of the company’s stock worth $883,000 after buying an additional 14,602 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Trading Down 0.8%

Shares of NYSEARCA:GARP opened at $66.40 on Wednesday. The company has a fifty day simple moving average of $63.38 and a 200 day simple moving average of $58.32. The firm has a market cap of $760.28 million, a PE ratio of 30.61 and a beta of 1.15. iShares MSCI USA Quality GARP ETF has a 12-month low of $43.02 and a 12-month high of $67.28.

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.