Henderson Brothers Financial Partners LLC Buys 8,320 Shares of iShares MSCI USA Quality GARP ETF $GARP

Henderson Brothers Financial Partners LLC boosted its stake in iShares MSCI USA Quality GARP ETF (BATS:GARP) by 78.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,881 shares of the company’s stock after buying an additional 8,320 shares during the quarter. iShares MSCI USA Quality GARP ETF makes up about 0.6% of Henderson Brothers Financial Partners LLC’s holdings, making the stock its 27th biggest position. Henderson Brothers Financial Partners LLC’s holdings in iShares MSCI USA Quality GARP ETF were worth $1,610,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Westside Investment Management Inc. acquired a new stake in shares of iShares MSCI USA Quality GARP ETF during the 3rd quarter valued at $25,000. Kestra Advisory Services LLC increased its stake in shares of iShares MSCI USA Quality GARP ETF by 83.6% in the third quarter. Kestra Advisory Services LLC now owns 130,796 shares of the company’s stock worth $11,152,000 after acquiring an additional 59,553 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF in the third quarter worth $72,535,000. Kestra Private Wealth Services LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF in the third quarter worth $4,977,000. Finally, Bauman Advisory Group LLC raised its holdings in shares of iShares MSCI USA Quality GARP ETF by 6.4% during the third quarter. Bauman Advisory Group LLC now owns 148,589 shares of the company’s stock worth $12,669,000 after acquiring an additional 8,875 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Trading Up 1.6%

Shares of BATS:GARP opened at $73.75 on Friday. iShares MSCI USA Quality GARP ETF has a 1 year low of $61.25 and a 1 year high of $88.15. The business has a fifty day simple moving average of $82.70 and a 200 day simple moving average of $76.71. The firm has a market cap of $3.31 billion, a price-to-earnings ratio of 24.75 and a beta of 1.23.

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.