89,112 iShares MSCI USA Quality GARP ETF $GARP Shares Bought by Insight Wealth Strategies LLC

Insight Wealth Strategies LLC increased its holdings in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) by 34.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 345,059 shares of the company’s stock after acquiring an additional 89,112 shares during the period. iShares MSCI USA Quality GARP ETF comprises approximately 3.0% of Insight Wealth Strategies LLC’s holdings, making the stock its 7th largest holding. Insight Wealth Strategies LLC’s holdings in iShares MSCI USA Quality GARP ETF were worth $29,420,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GARP. Resonant Capital Advisors LLC bought a new position in iShares MSCI USA Quality GARP ETF in the 1st quarter valued at $50,190,000. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI USA Quality GARP ETF by 8.6% in the second quarter. Envestnet Asset Management Inc. now owns 545,252 shares of the company’s stock valued at $45,011,000 after buying an additional 43,119 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of iShares MSCI USA Quality GARP ETF by 25.3% in the first quarter. Cetera Investment Advisers now owns 612,564 shares of the company’s stock valued at $39,186,000 after buying an additional 123,760 shares in the last quarter. First Community Trust NA bought a new position in shares of iShares MSCI USA Quality GARP ETF in the third quarter valued at about $36,135,000. Finally, Bank of America Corp DE raised its holdings in shares of iShares MSCI USA Quality GARP ETF by 52.0% in the first quarter. Bank of America Corp DE now owns 546,192 shares of the company’s stock valued at $34,940,000 after buying an additional 186,930 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Trading Up 0.7%

BATS GARP traded up $0.62 on Friday, hitting $86.71. 394,368 shares of the company were exchanged, compared to its average volume of 304,485. The firm has a 50 day moving average of $83.85 and a two-hundred day moving average of $78.77. The company has a market cap of $728.33 million, a P/E ratio of 29.61 and a beta of 1.14. iShares MSCI USA Quality GARP ETF has a 1-year low of $61.25 and a 1-year high of $88.15.

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.