Insight Wealth Strategies LLC Buys Shares of 255,947 iShares MSCI USA Quality GARP ETF $GARP

Insight Wealth Strategies LLC purchased a new stake in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 255,947 shares of the company’s stock, valued at approximately $20,911,000. iShares MSCI USA Quality GARP ETF comprises about 2.0% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 15th biggest position.

A number of other institutional investors have also added to or reduced their stakes in GARP. Key Client Fiduciary Advisors LLC lifted its stake in iShares MSCI USA Quality GARP ETF by 771.3% in the 2nd quarter. Key Client Fiduciary Advisors LLC now owns 92,535 shares of the company’s stock valued at $7,639,000 after purchasing an additional 81,915 shares during the last quarter. Breakwater Capital Group grew its stake in shares of iShares MSCI USA Quality GARP ETF by 4.5% during the second quarter. Breakwater Capital Group now owns 11,740 shares of the company’s stock worth $969,000 after buying an additional 502 shares during the last quarter. Dynamic Advisor Solutions LLC grew its stake in shares of iShares MSCI USA Quality GARP ETF by 1.5% during the second quarter. Dynamic Advisor Solutions LLC now owns 22,622 shares of the company’s stock worth $1,867,000 after buying an additional 339 shares during the last quarter. Avior Wealth Management LLC grew its stake in shares of iShares MSCI USA Quality GARP ETF by 418.5% during the second quarter. Avior Wealth Management LLC now owns 60,758 shares of the company’s stock worth $5,016,000 after buying an additional 49,040 shares during the last quarter. Finally, CGN Advisors LLC increased its holdings in shares of iShares MSCI USA Quality GARP ETF by 27.4% during the second quarter. CGN Advisors LLC now owns 141,881 shares of the company’s stock worth $11,712,000 after buying an additional 30,525 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of GARP opened at $83.65 on Wednesday. iShares MSCI USA Quality GARP ETF has a 52 week low of $60.33 and a 52 week high of $84.32. The stock has a market capitalization of $702.66 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. The stock has a fifty day moving average of $80.47 and a 200-day moving average of $74.00.

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.