(GARP) iShares MSCI USA Quality - Ratings and Ratios

The iShares MSCI USA Quality GARP ETF (GARP) is an exchange-traded fund listed on the BATS exchange, targeting US large-cap companies that exhibit a balance between growth and value characteristics. The ETF tracks the MSCI USA Quality GARP Index, focusing on firms with strong fundamentals and reasonable valuations.

Technically, GARP is currently trading below its 20-day and 50-day moving averages, indicating a recent downtrend. The 200-day moving average suggests a longer-term uptrend, but recent price action shows potential resistance. The ATR of 1.11 indicates moderate volatility, with price swings expected to remain manageable.

Fundamentally, the ETF holds approximately 250 securities, with top sectors including Information Technology and Healthcare. Its top holdings include Apple, Microsoft, and Johnson & Johnson, reflecting a focus on stable, high-quality companies. The AUM of $330.11M underscores its moderate size, allowing for efficient trading without significant market impact.

Over the next three months, GARP is expected to face headwinds from rising interest rates, which could impact its growth-oriented sectors. However, its focus on quality and reasonable valuations may provide resilience. Technically, if it rebounds above its 20-day SMA, it could test the 50-day SMA near 55.85. Fundamental strength in its holdings, particularly in Technology and Healthcare, may support its performance amid economic uncertainty.