Vista Investment Partners II LLC Takes $2.56 Million Position in iShares MSCI USA Quality GARP ETF $GARP

Vista Investment Partners II LLC purchased a new position in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 39,052 shares of the company’s stock, valued at approximately $2,563,000. Vista Investment Partners II LLC owned approximately 0.23% of iShares MSCI USA Quality GARP ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Leavell Investment Management Inc. grew its holdings in shares of iShares MSCI USA Quality GARP ETF by 148.0% during the third quarter. Leavell Investment Management Inc. now owns 16,804 shares of the company’s stock worth $1,103,000 after buying an additional 10,029 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in iShares MSCI USA Quality GARP ETF by 53.7% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,452 shares of the company’s stock valued at $620,000 after acquiring an additional 3,304 shares in the last quarter. Csenge Advisory Group acquired a new stake in iShares MSCI USA Quality GARP ETF in the 3rd quarter valued at about $324,000. Sonoma Allocations LLC purchased a new position in iShares MSCI USA Quality GARP ETF in the 3rd quarter worth approximately $890,000. Finally, Planned Solutions Inc. boosted its holdings in shares of iShares MSCI USA Quality GARP ETF by 2.0% during the 3rd quarter. Planned Solutions Inc. now owns 230,784 shares of the company’s stock worth $15,149,000 after purchasing an additional 4,556 shares during the last quarter.

iShares MSCI USA Quality GARP ETF Price Performance

Shares of NYSEARCA:GARP traded down $0.92 during midday trading on Tuesday, hitting $68.58. The company had a trading volume of 31,168 shares, compared to its average volume of 304,203. iShares MSCI USA Quality GARP ETF has a twelve month low of $43.02 and a twelve month high of $70.49. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 30.61 and a beta of 1.14. The business’s 50-day simple moving average is $67.98 and its 200-day simple moving average is $65.41.

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.