Planned Solutions Inc. bought a new position in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 226,228 shares of the company’s stock, valued at approximately $13,660,000. iShares MSCI USA Quality GARP ETF makes up approximately 5.2% of Planned Solutions Inc.’s portfolio, making the stock its 5th largest position. Planned Solutions Inc. owned about 2.37% of iShares MSCI USA Quality GARP ETF at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Landaas & Co. WI ADV lifted its stake in iShares MSCI USA Quality GARP ETF by 13.4% during the 1st quarter. Landaas & Co. WI ADV now owns 409,098 shares of the company’s stock worth $20,871,000 after acquiring an additional 48,373 shares in the last quarter. LPL Financial LLC lifted its stake in iShares MSCI USA Quality GARP ETF by 126.9% during the 1st quarter. LPL Financial LLC now owns 314,271 shares of the company’s stock worth $16,033,000 after acquiring an additional 175,784 shares in the last quarter. Park National Corp OH acquired a new position in iShares MSCI USA Quality GARP ETF during the 2nd quarter worth about $17,065,000. Cetera Investment Advisers lifted its stake in iShares MSCI USA Quality GARP ETF by 60.2% during the 1st quarter. Cetera Investment Advisers now owns 265,265 shares of the company’s stock worth $13,533,000 after acquiring an additional 99,729 shares in the last quarter. Finally, ARQ Wealth Advisors LLC lifted its stake in iShares MSCI USA Quality GARP ETF by 22.2% during the 1st quarter. ARQ Wealth Advisors LLC now owns 209,457 shares of the company’s stock worth $10,686,000 after acquiring an additional 38,114 shares in the last quarter.
iShares MSCI USA Quality GARP ETF Trading Up 0.2%
GARP opened at $65.99 on Friday. The stock’s 50-day moving average price is $64.13 and its 200 day moving average price is $59.08. iShares MSCI USA Quality GARP ETF has a 12-month low of $43.02 and a 12-month high of $67.37. The firm has a market cap of $785.28 million, a price-to-earnings ratio of 30.61 and a beta of 1.15.
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.
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