Disciplined Investments LLC Increases Stock Holdings in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP)

Disciplined Investments LLC lifted its stake in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) by 15.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,766 shares of the company’s stock after buying an additional 2,200 shares during the period. Disciplined Investments LLC owned about 0.27% of iShares MSCI USA Quality GARP ETF worth $855,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of GARP. Golden State Wealth Management LLC purchased a new position in shares of iShares MSCI USA Quality GARP ETF during the fourth quarter valued at approximately $152,000. Kingsview Wealth Management LLC purchased a new position in shares of iShares MSCI USA Quality GARP ETF during the fourth quarter valued at approximately $1,242,000. D Orazio & Associates Inc. purchased a new position in iShares MSCI USA Quality GARP ETF in the fourth quarter worth $1,736,000. Nations Financial Group Inc. IA ADV purchased a new position in iShares MSCI USA Quality GARP ETF in the fourth quarter worth $281,000. Finally, Global Retirement Partners LLC purchased a new position in iShares MSCI USA Quality GARP ETF in the fourth quarter worth $34,000.

iShares MSCI USA Quality GARP ETF Trading Up 1.1%

GARP stock opened at $58.13 on Friday. The stock’s fifty day simple moving average is $52.82 and its two-hundred day simple moving average is $55.08. iShares MSCI USA Quality GARP ETF has a 1-year low of $43.02 and a 1-year high of $59.47. The stock has a market cap of $453.41 million, a P/E ratio of 31.12 and a beta of 1.14.

iShares MSCI USA Quality GARP ETF Company 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.