Harbour Investments Inc. Sells 24,204 Shares of iShares MSCI USA Quality GARP ETF $GARP

Harbour Investments Inc. cut its position in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP) by 79.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,105 shares of the company’s stock after selling 24,204 shares during the quarter. Harbour Investments Inc.’s holdings in iShares MSCI USA Quality GARP ETF were worth $369,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Nations Financial Group Inc. IA ADV raised its holdings in iShares MSCI USA Quality GARP ETF by 4.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 5,219 shares of the company’s stock worth $266,000 after purchasing an additional 222 shares in the last quarter. Spire Wealth Management grew its stake in shares of iShares MSCI USA Quality GARP ETF by 5.9% during the 1st quarter. Spire Wealth Management now owns 9,111 shares of the company’s stock worth $465,000 after purchasing an additional 509 shares during the period. NewEdge Advisors LLC grew its stake in shares of iShares MSCI USA Quality GARP ETF by 46.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,782 shares of the company’s stock worth $91,000 after purchasing an additional 569 shares during the period. CWM LLC purchased a new stake in iShares MSCI USA Quality GARP ETF in the 1st quarter worth $32,000. Finally, Bogart Wealth LLC purchased a new stake in iShares MSCI USA Quality GARP ETF in the 1st quarter worth $36,000.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of NYSEARCA GARP opened at $67.00 on Tuesday. The firm has a market cap of $797.30 million, a PE ratio of 30.61 and a beta of 1.15. The firm has a fifty day moving average of $64.24 and a 200 day moving average of $59.31. iShares MSCI USA Quality GARP ETF has a one year low of $43.02 and a one year high of $67.37.

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.