Invesco S&P MidCap 400 GARP ETF (GRPM) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.20: the stock has moved about 20% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerInvesco S&P MidCap 400 GARP ETF (GRPM) trades at $138.33. 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. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for GRPM: GRPM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Invesco 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.
What Is the Investment Thesis for GRPM?
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
GRPM 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.
Who Are GRPM's Competitors?
GRPM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BRNY Burney U.S. Factor Rotation ETF | $58.54 | +0.51% | $597M | — |
| DFSE Dimensional - Emerging Markets Sustainability Core 1 ETF | $49.62 | +1.46% | $657M | — |
| DGT State Street SPDR Global Dow ETF | $186.88 | +0.44% | $615M | — |
| DWX State Street SPDR S&P International Dividend ETF | $45.42 | -0.44% | $478M | — |
| EIS iShares MSCI Israel ETF | $121.81 | -0.60% | $893M | — |
| BLK BlackRock, Inc. | $1066.45 | +0.64% | $165B | 51 5-pillar |
| BX Blackstone Inc. | $111.64 | -0.09% | $136B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | 0.00% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are GRPM's Key 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.
What Are GRPM's 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.
What Are the Key Risks for GRPM?
Market volatility and economic downturn.
- Underperformance of the S&P MidCap 400 GARP Index.
- Competition from other ETFs and investment products.
- Changes in investor sentiment towards mid-cap stocks.
What Threats Does GRPM Face?
- 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.
What Are GRPM's 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.
What Does GRPM Do?
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 Products and Services Does GRPM Offer?
- 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.
How Does GRPM Make Money?
- 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.
What Industry Does GRPM Operate In?
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.
Who Are GRPM's Key Customers?
- Individual investors
- Institutional investors
- Financial advisors
- Brokerage firms
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 42 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
| 2026-10-05 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved -4.5%.
GRPM Financials
Bull Case vs Bear Case
Bull Case
- 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.
Bear Case
- 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.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
GRPM Latest News
-
Should Invesco S&P MidCap 400 GARP ETF (GRPM) Be on Your Investing Radar?
zacks.com · Sep 25, 2026
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Is Invesco S&P MidCap 400 GARP ETF (GRPM) a Strong ETF Right Now?
zacks.com · Sep 21, 2026
GRPM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for GRPM.
Price Targets
Wall Street price target analysis for GRPM.
GRPM MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for GRPM; grades run from A+ (80-100) to F (below 30).
GRPM Financials 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.
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.
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
MoonshotScore is not published for this security.
Data provided for informational purposes only.