Insight Wealth Strategies LLC Boosts Stake in iShares MSCI USA Quality GARP ETF $GARP

Insight Wealth Strategies LLC boosted its holdings in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) by 34.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 345,059 shares of the company’s stock after purchasing an additional 89,112 shares during the period. iShares MSCI USA Quality GARP ETF comprises 3.0% of Insight Wealth Strategies LLC’s portfolio, making the stock its 7th biggest holding. Insight Wealth Strategies LLC owned about 4.11% of iShares MSCI USA Quality GARP ETF worth $29,420,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Ancora Advisors LLC bought a new stake in shares of iShares MSCI USA Quality GARP ETF in the 2nd quarter valued at approximately $33,000. Sankala Group LLC acquired a new stake in iShares MSCI USA Quality GARP ETF in the 4th quarter valued at $38,000. New England Capital Financial Advisors LLC acquired a new stake in iShares MSCI USA Quality GARP ETF in the 1st quarter valued at $65,000. Fifth Third Bancorp grew its position in 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 valued at $132,000 after acquiring an additional 1,992 shares during the period. Finally, Comprehensive Financial Planning Inc. PA grew its position in iShares MSCI USA Quality GARP ETF by 43.1% in the second quarter. Comprehensive Financial Planning Inc. PA now owns 2,601 shares of the company’s stock valued at $215,000 after acquiring an additional 784 shares during the period.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of BATS GARP traded up $0.62 during midday trading on Friday, reaching $86.71. 394,368 shares of the company traded hands, compared to its average volume of 304,485. The firm has a market cap of $728.33 million, a PE ratio of 29.61 and a beta of 1.14. The stock’s 50-day simple moving average is $83.85 and its 200-day simple moving average is $78.77. iShares MSCI USA Quality GARP ETF has a 12 month low of $61.25 and a 12 month high of $88.15.

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.