160,983 Shares in iShares MSCI USA Quality GARP ETF $GARP Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. bought a new position in shares of iShares MSCI USA Quality GARP ETF (BATS:GARP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 160,983 shares of the company’s stock, valued at approximately $13,725,000. iShares MSCI USA Quality GARP ETF accounts for approximately 1.5% of Valley National Advisers Inc.’s holdings, making the stock its 14th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the business. NewEdge Advisors LLC increased its position in iShares MSCI USA Quality GARP ETF by 7.1% in the 1st quarter. NewEdge Advisors LLC now owns 2,619 shares of the company’s stock valued at $168,000 after acquiring an additional 173 shares during the period. Ring Mountain Capital LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 7.3% during the third quarter. Ring Mountain Capital LLC now owns 3,354 shares of the company’s stock worth $286,000 after purchasing an additional 229 shares during the period. City Center Advisors LLC lifted its holdings in shares of iShares MSCI USA Quality GARP ETF by 9.5% during the third quarter. City Center Advisors LLC now owns 3,244 shares of the company’s stock worth $277,000 after purchasing an additional 282 shares during the period. Dynamic Advisor Solutions LLC lifted its holdings 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 purchasing an additional 339 shares during the period. Finally, Ancora Advisors LLC acquired a new position in shares of iShares MSCI USA Quality GARP ETF during the second quarter worth $33,000.

iShares MSCI USA Quality GARP ETF Stock Down 0.5%

Shares of iShares MSCI USA Quality GARP ETF stock opened at $79.05 on Friday. iShares MSCI USA Quality GARP ETF has a twelve month low of $61.25 and a twelve month high of $88.15. The stock has a market cap of $664.02 million, a price-to-earnings ratio of 29.61 and a beta of 1.14. The company’s fifty day moving average is $83.79 and its 200 day moving average is $80.09.

About iShares MSCI USA Quality GARP ETF

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.