Invesco S&P MidCap 400 GARP ETF (GRPM)
For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Invesco S&P MidCap 400 GARP ETF (GRPM) with AI Score 47/100 (Weak). The Invesco S&P MidCap 400 GARP ETF seeks to track the performance of mid-cap U. S. companies exhibiting growth, value, financial strength, and earnings power characteristics. Market cap: 0, Sector: Financial services.
Last analyzed: Mar 17, 2026Invesco S&P MidCap 400 GARP ETF (GRPM) Financial Services Profile
Invesco S&P MidCap 400 GARP ETF (GRPM) offers targeted exposure to mid-cap U.S. equities, focusing on companies demonstrating growth at a reasonable price (GARP) characteristics. The fund tracks the S&P MidCap 400 GARP Index, providing a rules-based approach to identifying companies with consistent growth, reasonable valuation, solid financial strength, and strong earning power within the mid-cap segment.
Investment Thesis
The Invesco S&P MidCap 400 GARP ETF (GRPM) presents an investment opportunity for those seeking exposure to mid-cap companies exhibiting growth at a reasonable price. With a market cap of $0.53 billion and a beta of 1.20, GRPM offers a targeted approach to capturing the potential upside of mid-cap stocks while employing a disciplined GARP strategy. The fund's investment thesis hinges on the continued outperformance of companies with strong fundamentals, reasonable valuations, and solid financial health. Key value drivers include the fund's ability to consistently track the S&P MidCap 400 GARP Index and its semi-annual rebalancing process, which ensures that the portfolio remains aligned with the Index's GARP criteria. However, investors should be aware that the fund does not offer any dividend yield.
Based on FMP financials and quantitative analysis
Key Highlights
- Market Cap: $0.53 billion, indicating a substantial but not overly concentrated investment vehicle.
- Beta: 1.20, suggesting a higher volatility compared to the broader market.
- Tracks S&P MidCap 400 GARP Index: Providing a rules-based approach to GARP investing within the mid-cap space.
- Semi-annual Rebalancing: Ensuring the portfolio remains aligned with the Index's GARP criteria.
- No Dividend Yield: Making it less attractive for income-focused investors.
Competitors & Peers
Strengths
- Targeted exposure to mid-cap GARP stocks.
- Rules-based index provides transparency and systematic approach.
- Relatively low cost compared to actively managed funds.
- Invesco's brand recognition.
Weaknesses
- No dividend yield.
- Higher volatility compared to the broader market (beta of 1.20).
- Subject to market fluctuations and economic conditions.
- Dependent on the performance of the S&P MidCap 400 GARP Index.
Catalysts
- Ongoing: Increased investor demand for GARP strategies.
- Ongoing: Continued growth of the ETF market.
- Upcoming: Semi-annual rebalancing of the S&P MidCap 400 GARP Index in June and December.
Risks
- Potential: Market volatility and economic downturn.
- Potential: Underperformance of the S&P MidCap 400 GARP Index.
- Ongoing: Competition from other ETFs and investment products.
- Potential: Changes in investor sentiment towards mid-cap stocks.
Growth Opportunities
- Increased Adoption of GARP Investing: As investors seek strategies that balance growth and value, the demand for GARP-focused ETFs like GRPM is expected to increase. The GARP investment style aims to identify companies with strong growth potential at reasonable valuations, making it a noteworthy option for investors seeking long-term capital appreciation. The market size for GARP investing is estimated to grow as investors become more aware of its potential benefits, presenting a significant growth opportunity for GRPM. Timeline: Ongoing.
- Expansion of ETF Market: The ETF market is experiencing rapid growth, driven by increasing investor demand for low-cost, transparent, and diversified investment vehicles. As the ETF market continues to expand, GRPM is well-positioned to attract new investors and increase its assets under management. The growth of the ETF market is expected to continue in the coming years, presenting a significant growth opportunity for GRPM. Timeline: Ongoing.
- Strategic Partnerships: GRPM can pursue strategic partnerships with financial advisors, brokerage firms, and other institutions to expand its distribution network and reach a wider audience of investors. By partnering with key players in the financial industry, GRPM can increase its visibility and attract new assets under management. Strategic partnerships can provide GRPM with access to new markets and distribution channels, accelerating its growth. Timeline: Ongoing.
- Product Innovation: GRPM can develop new and innovative ETF products that cater to specific investor needs and preferences. By expanding its product line, GRPM can attract a wider range of investors and increase its assets under management. Product innovation can involve creating new ETFs that focus on specific sectors, industries, or investment themes. Timeline: Ongoing.
- Global Expansion: While currently focused on the U.S. market, GRPM could explore opportunities to expand its reach into international markets. By offering its ETF products to investors in other countries, GRPM can tap into new sources of growth and diversify its asset base. Global expansion can involve partnering with local distributors or establishing a presence in key international markets. Timeline: Ongoing.
Opportunities
- Increased adoption of GARP investing.
- Expansion of the ETF market.
- Strategic partnerships with financial advisors and institutions.
- Product innovation and development of new ETF products.
Threats
- Competition from other mid-cap ETFs and GARP-focused funds.
- Changes in market conditions and economic outlook.
- Regulatory changes and increased compliance costs.
- Potential for underperformance of the S&P MidCap 400 GARP Index.
Competitive Advantages
- Brand recognition: Invesco is a well-known and respected asset manager.
- Rules-based index: The S&P MidCap 400 GARP Index provides a transparent and systematic approach to GARP investing.
- Low cost: GRPM offers a relatively low-cost way to access mid-cap GARP stocks.
About GRPM
The Invesco S&P MidCap 400 GARP ETF (GRPM) is designed to provide investors with a focused approach to mid-cap investing. Launched to track the S&P MidCap 400 GARP Index, the fund invests at least 90% of its total assets in the securities that comprise the Index. The Index methodology screens for companies within the S&P MidCap 400 that exhibit growth at a reasonable price (GARP) characteristics, aiming to capture companies with consistent fundamental growth, reasonable valuation, solid financial strength, and strong earning power. This approach seeks to balance growth potential with valuation discipline. The fund offers a diversified portfolio of mid-cap companies, providing exposure to a broad range of sectors within the U.S. economy. GRPM is rebalanced semi-annually, after market close on the third Friday in June and December, ensuring that the portfolio remains aligned with the Index's GARP criteria. By tracking a rules-based index, GRPM offers investors a transparent and systematic approach to investing in mid-cap GARP stocks.
What They Do
- Tracks the S&P MidCap 400 GARP Index.
- Invests in mid-cap U.S. companies.
- Focuses on companies with growth at a reasonable price (GARP) characteristics.
- Screens for companies with consistent fundamental growth.
- Screens for companies with reasonable valuation.
- Screens for companies with solid financial strength.
- Screens for companies with strong earning power.
Business Model
- GRPM generates revenue through management fees charged to investors.
- The management fee is a percentage of the fund's assets under management (AUM).
- Higher AUM translates to increased revenue for GRPM.
Industry Context
The Invesco S&P MidCap 400 GARP ETF operates within the asset management industry, which is characterized by a wide range of investment products and strategies. The ETF market has experienced significant growth in recent years, driven by increasing investor demand for low-cost, transparent, and diversified investment vehicles. GRPM competes with other mid-cap ETFs and GARP-focused funds, offering a specific approach to capturing the potential upside of mid-cap stocks. The competitive landscape includes both passively managed index funds and actively managed funds that employ similar GARP strategies. The asset management industry is influenced by market trends, economic conditions, and regulatory changes.
Key Customers
- Individual investors
- Institutional investors
- Financial advisors
- Brokerage firms
Financials
Chart & Info
Invesco S&P MidCap 400 GARP ETF (GRPM) stock price: Price data unavailable
Latest News
No recent news available for GRPM.
Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for GRPM.
Price Targets
Wall Street price target analysis for GRPM.
MoonshotScore
What does this score mean?
The MoonshotScore rates GRPM's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
GRPM Financial Services Stock FAQ
What does Invesco S&P MidCap 400 GARP ETF do?
The Invesco S&P MidCap 400 GARP ETF (GRPM) is designed to track the performance of the S&P MidCap 400 GARP Index. The fund invests primarily in mid-sized U.S. companies that exhibit growth at a reasonable price (GARP) characteristics. It seeks to provide investors with exposure to companies demonstrating consistent fundamental growth, reasonable valuation, solid financial strength, and strong earning power within the mid-cap segment of the U.S. equity market. The ETF offers a diversified portfolio of mid-cap companies, providing exposure to a broad range of sectors within the U.S. economy.
What do analysts say about GRPM stock?
AI analysis is pending for GRPM, therefore analyst ratings and price targets are not currently available. However, the fund's performance is closely tied to the underlying S&P MidCap 400 GARP Index, which screens for companies with growth at a reasonable price. Investors should monitor the performance of the index and the overall market conditions to assess the potential for GRPM. Key valuation metrics to consider include the fund's price-to-earnings ratio, price-to-book ratio, and dividend yield (currently none).
What are the main risks for GRPM?
The main risks for GRPM include market volatility, economic downturns, and underperformance of the S&P MidCap 400 GARP Index. As an ETF focused on mid-cap stocks, GRPM is subject to the fluctuations of the equity market and the overall economic conditions. A significant decline in the stock market or a recession could negatively impact the fund's performance. Additionally, the fund's performance is dependent on the ability of the S&P MidCap 400 GARP Index to select companies with strong growth and reasonable valuations. If the index methodology fails to identify such companies, the fund may underperform its benchmark.
How does Invesco S&P MidCap 400 GARP ETF generate revenue in the asset management sector?
Invesco S&P MidCap 400 GARP ETF generates revenue primarily through management fees. These fees are calculated as a percentage of the fund's total assets under management (AUM). The ETF charges investors a small fee to cover the costs of managing the fund, including research, trading, and administrative expenses. The higher the AUM, the more revenue the ETF generates. The management fee is typically disclosed in the fund's prospectus and is deducted from the fund's assets on a regular basis. This fee structure is common among ETFs and other investment funds in the asset management sector.
How does GRPM's GARP strategy affect its portfolio composition and risk profile?
GRPM's GARP (Growth at a Reasonable Price) strategy significantly influences its portfolio composition by focusing on mid-cap companies exhibiting a balance of growth potential and reasonable valuation. This approach aims to mitigate the risks associated with purely growth-oriented strategies, which can be highly volatile. The GARP methodology seeks companies with consistent fundamental growth, solid financial strength, and strong earning power, leading to a portfolio that is generally less speculative than pure growth funds. However, the fund is still subject to market fluctuations and economic conditions, and its performance is dependent on the effectiveness of the GARP screening process.
What are the key factors to evaluate for GRPM?
Invesco S&P MidCap 400 GARP ETF (GRPM) currently holds an AI score of 47/100, indicating low score. Key strength: Targeted exposure to mid-cap GARP stocks.. Primary risk to monitor: Potential: Market volatility and economic downturn.. This is not financial advice.
How frequently does GRPM data refresh on this page?
GRPM prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven GRPM's recent stock price performance?
Recent price movement in Invesco S&P MidCap 400 GARP ETF (GRPM) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Targeted exposure to mid-cap GARP stocks.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- AI analysis pending for GRPM.