Invesco S&P MidCap 400 GARP ETF (GRPM)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, 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) trades at $133.79 with AI Score 47/100 (Grade C). The Invesco S&P MidCap 400 GARP ETF seeks to track the performance of mid-cap U. S. Market cap: $476.98M, Sector: Financial services.
Price live · AI analysis from 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. In the absence of analyst consensus, our AI model evaluates GRPM against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
GRPM: the 1 perspectives are evenly split.
How is this calculated? →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 $476.98M 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 | AI Score |
|---|---|---|---|---|
| BRNY Burney U.S. Factor Rotation ETF | $58.87 | +2.24% | $569.07M | 47 |
| DFSE Dimensional - Emerging Markets Sustainability Core 1 ETF | $48.68 | +3.07% | $644.02M | 47 |
| DGT State Street SPDR Global Dow ETF | $186.03 | +0.69% | $631.10M | 47 |
| DWX State Street SPDR S&P International Dividend ETF | $46.50 | +0.52% | $518.38M | 44 |
| EIS iShares MSCI Israel ETF | $122.96 | +2.06% | $903.79M | 47 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
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 Could Drive GRPM Stock Higher?
- Increased investor demand for GARP strategies.
- Continued growth of the ETF market.
- Semi-annual rebalancing of the S&P MidCap 400 GARP Index in June and December.
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 Are the Growth Opportunities for GRPM?
- 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.
What Opportunities Does GRPM Have?
- 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.
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
Invesco S&P MidCap 400 GARP ETF (GRPM) Valuation Context
Relative to its peer group, GRPM's quantitative score of 47/100 is roughly in line with the peer average of 46/100.
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 · July 2026
GRPM Latest News
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Should Invesco S&P MidCap 400 GARP ETF (GRPM) Be on Your Investing Radar?
zacks.com · May 21, 2026
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Is Invesco S&P MidCap 400 GARP ETF (GRPM) a Strong ETF Right Now?
zacks.com · May 20, 2026
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.
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 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) holds an AI score of 47/100 (low). Not financial advice.
How frequently does GRPM data refresh on this page?
GRPM prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven GRPM's recent stock price performance?
Invesco S&P MidCap 400 GARP ETF (GRPM) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Targeted exposure to mid-cap GARP stocks. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider GRPM overvalued or undervalued right now?
Valuing Invesco S&P MidCap 400 GARP ETF (GRPM) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
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.