Sonoma Allocations LLC Makes New Investment in iShares MSCI USA Quality GARP ETF $GARP

by · The Markets Daily

Sonoma Allocations LLC purchased a new stake in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 13,521 shares of the company’s stock, valued at approximately $890,000. Sonoma Allocations LLC owned 0.08% of iShares MSCI USA Quality GARP ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bogart Wealth LLC raised its position in shares of iShares MSCI USA Quality GARP ETF by 71.4% during the 2nd quarter. Bogart Wealth LLC now owns 1,200 shares of the company’s stock worth $72,000 after buying an additional 500 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of iShares MSCI USA Quality GARP ETF by 46.9% during the first quarter. NewEdge Advisors LLC now owns 1,782 shares of the company’s stock valued at $91,000 after acquiring an additional 569 shares during the period. Wagner Wealth Management LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the second quarter valued at approximately $138,000. Steward Partners Investment Advisory LLC raised its holdings in iShares MSCI USA Quality GARP ETF by 232.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 2,991 shares of the company’s stock worth $181,000 after purchasing an additional 2,091 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its position in iShares MSCI USA Quality GARP ETF by 21.5% in the third quarter. Global Retirement Partners LLC now owns 2,776 shares of the company’s stock worth $182,000 after purchasing an additional 491 shares during the period.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of GARP stock opened at $70.06 on Friday. iShares MSCI USA Quality GARP ETF has a 1 year low of $43.02 and a 1 year high of $70.49. The stock has a market cap of $1.04 billion, a PE ratio of 30.61 and a beta of 1.14. The business’s fifty day moving average is $67.78 and its 200-day moving average is $64.93.

iShares MSCI USA Quality GARP ETF Company Profile

(Free Report)

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.

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