HighTower Advisors LLC Invests $8.46 Million in iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP)

Posted by Matthew Tipps on Mar 18th, 2025

HighTower Advisors LLC purchased a new position in shares of iShares MSCI USA Quality GARP ETF (NYSEARCA:GARP – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 150,458 shares of the company’s stock, valued at approximately $8,463,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Retirement Partners LLC acquired a new stake in iShares MSCI USA Quality GARP ETF during the 4th quarter worth about $34,000. Atticus Wealth Management LLC acquired a new stake in iShares MSCI USA Quality GARP ETF during the 4th quarter worth about $36,000. Golden State Wealth Management LLC acquired a new stake in iShares MSCI USA Quality GARP ETF during the 4th quarter worth about $152,000. LongView Wealth Management acquired a new stake in iShares MSCI USA Quality GARP ETF during the 4th quarter worth about $264,000. Finally, Nations Financial Group Inc. IA ADV acquired a new stake in iShares MSCI USA Quality GARP ETF during the 4th quarter worth about $281,000.

iShares MSCI USA Quality GARP ETF Stock Performance

Shares of GARP opened at $52.61 on Tuesday. The stock has a 50-day moving average of $56.66 and a two-hundred day moving average of $55.27. iShares MSCI USA Quality GARP ETF has a one year low of $44.23 and a one year high of $59.47. The stock has a market cap of $310.40 million, a P/E ratio of 31.00 and a beta of 1.10.

iShares MSCI USA Quality GARP ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were paid a dividend of $0.0027 per share. The ex-dividend date of this dividend was Monday, December 30th.

iShares MSCI USA Quality GARP ETF Company Profile

(Free Report)

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.