Harbour Investments Inc. Sells 24,204 Shares of iShares MSCI USA Quality GARP ETF $GARP

Harbour Investments Inc. lowered its stake in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) by 79.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,105 shares of the company’s stock after selling 24,204 shares during the period. Harbour Investments Inc. owned 0.06% of iShares MSCI USA Quality GARP ETF worth $369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Spire Wealth Management raised its position in shares of iShares MSCI USA Quality GARP ETF by 5.9% during the first quarter. Spire Wealth Management now owns 9,111 shares of the company’s stock valued at $465,000 after buying an additional 509 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of iShares MSCI USA Quality GARP ETF by 219.5% during the first quarter. Golden State Wealth Management LLC now owns 8,658 shares of the company’s stock valued at $442,000 after buying an additional 5,948 shares during the last quarter. LPL Financial LLC increased its position in iShares MSCI USA Quality GARP ETF by 126.9% in the first quarter. LPL Financial LLC now owns 314,271 shares of the company’s stock worth $16,033,000 after purchasing an additional 175,784 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in iShares MSCI USA Quality GARP ETF in the first quarter worth $803,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in iShares MSCI USA Quality GARP ETF in the second quarter worth $235,000.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of GARP opened at $67.00 on Tuesday. The company’s fifty day moving average is $64.24 and its 200 day moving average is $59.31. iShares MSCI USA Quality GARP ETF has a fifty-two week low of $43.02 and a fifty-two week high of $67.37. The stock has a market capitalization of $797.30 million, a PE 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.