First Community Trust NA Buys New Holdings in iShares MSCI USA Quality GARP ETF $GARP

First Community Trust NA purchased a new stake in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 423,820 shares of the company’s stock, valued at approximately $36,135,000. iShares MSCI USA Quality GARP ETF comprises approximately 12.0% of First Community Trust NA’s holdings, making the stock its 2nd biggest position. First Community Trust NA owned 5.05% of iShares MSCI USA Quality GARP ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ancora Advisors LLC bought a new position in iShares MSCI USA Quality GARP ETF in the 2nd quarter valued at approximately $33,000. Sankala Group LLC bought a new stake in shares of iShares MSCI USA Quality GARP ETF in the 4th quarter worth $38,000. New England Capital Financial Advisors LLC purchased a new position in shares of iShares MSCI USA Quality GARP ETF in the first quarter worth $65,000. Fifth Third Bancorp raised its stake in shares of iShares MSCI USA Quality GARP ETF by 2,553.8% in the first quarter. Fifth Third Bancorp now owns 2,070 shares of the company’s stock worth $132,000 after purchasing an additional 1,992 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 7.1% during the first quarter. NewEdge Advisors LLC now owns 2,619 shares of the company’s stock valued at $168,000 after purchasing an additional 173 shares in the last quarter.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of BATS:GARP traded down $0.56 during midday trading on Wednesday, reaching $87.02. 237,412 shares of the company’s stock traded hands, compared to its average volume of 301,884. iShares MSCI USA Quality GARP ETF has a one year low of $61.25 and a one year high of $88.15. The company has a market cap of $730.95 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. The stock has a 50 day moving average of $83.50 and a 200 day moving average of $78.47.

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.