Invesco S&P MidCap 400 GARP ETF (GRPM)
| Assets | $608.32M |
| Expense Ratio | 0.35% |
| PE Ratio | 10.10 |
| Shares Out | 5.21M |
| Dividend (ttm) | $1.07 |
| Dividend Yield | 0.92% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Ratio | 9.25% |
| 1-Year Return | +22.24% |
| Volume | 21,798 |
| Open | 117.87 |
| Previous Close | 116.94 |
| Day's Range | 116.58 - 117.87 |
| 52-Week Low | 96.13 |
| 52-Week High | 127.48 |
| Beta | 1.23 |
| Holdings | 60 |
| Inception Date | Dec 8, 2010 |
About GRPM
Fund Home PageThe Invesco S&P MidCap 400 GARP ETF (GRPM) is an exchange-traded fund that is based on the S&P MidCap 400 GARP index. The fund tracks an index of US mid-cap growth stocks with perceived quality and value characteristics. GRPM was launched on Dec 8, 2010 and is issued by Invesco.
Top 10 Holdings
25.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Lantheus Holdings, Inc. | LNTH | 2.98% |
| Roivant Sciences Ltd. | ROIV | 2.82% |
| Celsius Holdings, Inc. | CELH | 2.80% |
| Chord Energy Corporation | CHRD | 2.53% |
| Hyatt Hotels Corporation | H | 2.47% |
| Halozyme Therapeutics, Inc. | HALO | 2.47% |
| Crocs, Inc. | CROX | 2.40% |
| Park Hotels & Resorts Inc. | PK | 2.38% |
| Permian Resources Corporation | PR | 2.35% |
| Matador Resources Company | MTDR | 2.30% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.209 | n/a |
| Sep 23, 2024 | $0.293 | Sep 27, 2024 |
| Jun 24, 2024 | $0.296 | Jun 28, 2024 |
| Mar 18, 2024 | $0.276 | Mar 22, 2024 |
| Dec 18, 2023 | $0.187 | Dec 22, 2023 |
| Sep 18, 2023 | $0.151 | Sep 22, 2023 |
News
GRPM: Excellent Fundamentals, But Not The Best 'GARP' ETF
The Invesco S&P MidCap 400 GARP ETF focuses on "growth at a reasonable price" and holds 60 stocks from the S&P MidCap 400 Index. GRPM is well-diversified across sectors and holdings and combines excel...
GRPM: GARP, Mid-Cap, And Discretionary Focused
Mid-cap stocks deserve more attention for their balanced growth potential and lower concentration risk compared to large-caps and small-caps. The Invesco S&P MidCap 400 GARP ETF blends growth with val...
GRPM: Why This Mid-Cap GARP ETF Deserves An Upgrade
GRPM tracks the S&P MidCap 400 GARP Index, selecting stocks with strong growth, value, and quality characteristics. Since its Index change, returns have been excellent. I recommended a cautious approa...
GRPM: A Mid-Cap ETF To Keep On The Watch List
Invesco S&P MidCap 400 GARP ETF blends growth and value, outperforming benchmarks and peers. The Fund's allocation strategy shows low valuation multiples, high growth rates, and overweight exposure to...
GRPM: Strategy Change Prompts Huge Returns For This S&P MidCap 400 GARP ETF
GRPM has tracked the S&P MidCap 400 GARP Index effective August 28, 2023. Since that change, it's been one of the top-performing mid-cap funds on the market. Backtested data provided by S&P Dow Jones ...
GRPM: Mid-Cap And Uncorrelated
GRPM is pretty uncorrelated with the SPY and the QQQ, especially since the start of 2023. It has lower multiples than the IJH mid-cap ETF, and has had better performance. The GARP mandate implies a le...
GRPM Shows Value And Quality, But No Excess Return
Invesco S&P MidCap 400® GARP ETF follows a "Growth At a Reasonable Price" strategy in the S&P MidCap 400 Index. GRPM fund is well-diversified across sectors and holdings, with a focus on consumer disc...
EWMC: Equal Weighting Gains Investors Little Compared To MDY
The SPDR S&P MidCap 400 ETF invests based on the S&P MidCap 400 Index. The Invesco S&P MidCap 400 Equal Weight ETF invests based on the S&P MidCap 400 Equal Weight Index. The article compares MDY agai...
