The iShares MSCI USA Quality GARP ETF (GARP) reported a significant inflow of approximately $221.4 million, marking a 7.4% week-over-week increase in outstanding units, rising from 35.7 million to 38.35 million. This surge occurred amid a mixed performance from its major holdings, including Airbnb Inc (ABNB) up 0.1%, Arista Networks Inc (ANET) down 3%, and Royal Caribbean Group (RCL) down 0.8%.
GARP’s current trading price is $82.50, situated between its 52-week low of $61.025 and high of $85.47. The ETF’s price performance can also be assessed against its 200-day moving average, which is a key technical analysis tool. Regular weekly monitoring of shares outstanding helps track inflows and outflows affecting the underlying assets of ETFs.
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