Invesco S&P MidCap 400 GARP ETF (GRPM)
| Assets | $686.12M |
| Expense Ratio | 0.35% |
| PE Ratio | 9.56 |
| Shares Out | 6.09M |
| Dividend (ttm) | $1.05 |
| Dividend Yield | 0.94% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 8.94% |
| 1-Year Return | +13.00% |
| Volume | 35,789 |
| Open | 111.59 |
| Previous Close | 112.31 |
| Day's Range | 111.59 - 113.78 |
| 52-Week Low | 95.17 |
| 52-Week High | 127.48 |
| Beta | 1.21 |
| 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
25.74% of assets| Name | Symbol | Weight |
|---|---|---|
| Lantheus Holdings, Inc. | LNTH | 3.13% |
| Roivant Sciences Ltd. | ROIV | 3.00% |
| AAON, Inc. | AAON | 2.89% |
| Kinsale Capital Group, Inc. | KNSL | 2.67% |
| Hancock Whitney Corporation | HWC | 2.58% |
| Boyd Gaming Corporation | BYD | 2.47% |
| Applied Industrial Technologies, Inc. | AIT | 2.31% |
| Texas Roadhouse, Inc. | TXRH | 2.28% |
| AutoNation, Inc. | AN | 2.25% |
| Murphy USA Inc. | MUSA | 2.17% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.29256 | Sep 27, 2024 |
| Jun 24, 2024 | $0.29594 | Jun 28, 2024 |
| Mar 18, 2024 | $0.27605 | Mar 22, 2024 |
| Dec 18, 2023 | $0.18714 | Dec 22, 2023 |
| Sep 18, 2023 | $0.15077 | Sep 22, 2023 |
| Jun 20, 2023 | $0.30689 | Jun 23, 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...
