Park National Corp OH Boosts Stock Position in iShares MSCI USA Quality GARP ETF $GARP

Park National Corp OH raised its holdings in iShares MSCI USA Quality GARP ETF (BATS:GARP) by 4.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 308,082 shares of the company’s stock after buying an additional 12,715 shares during the quarter. Park National Corp OH owned about 3.67% of iShares MSCI USA Quality GARP ETF worth $19,708,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Integrated Wealth Concepts LLC purchased a new stake in iShares MSCI USA Quality GARP ETF in the first quarter worth $262,000. NewEdge Advisors LLC increased its position in iShares MSCI USA Quality GARP ETF by 46.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,782 shares of the company’s stock valued at $91,000 after purchasing an additional 569 shares during the period. Goldman Sachs Group Inc. purchased a new position in iShares MSCI USA Quality GARP ETF during the 1st quarter valued at $803,000. Jane Street Group LLC raised its holdings in iShares MSCI USA Quality GARP ETF by 150.9% in the 1st quarter. Jane Street Group LLC now owns 14,499 shares of the company’s stock worth $740,000 after purchasing an additional 8,721 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in iShares MSCI USA Quality GARP ETF by 45.0% in the 2nd quarter. Raymond James Financial Inc. now owns 88,764 shares of the company’s stock worth $5,360,000 after purchasing an additional 27,562 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Stock Performance

BATS:GARP opened at $81.33 on Friday. The company has a 50-day moving average price of $76.62 and a 200-day moving average price of $70.88. The stock has a market cap of $683.17 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a 12 month low of $57.14 and a 12 month high of $83.40.

iShares MSCI USA Quality GARP ETF 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.