GRPM - ETF AI Analysis

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Invesco S&P MidCap 400 GARP ETF (GRPM)

Rating:74Outperform

Price Target:―

GRPM, the Invesco S&P MidCap 400 GARP ETF, earns a solid overall rating largely because many of its top holdings like Permian Resources, TechnipFMC, and Renaissancere show strong financial performance, positive earnings calls, and generally supportive technical trends. Some positions such as Halozyme and Kinsale Capital Group introduce risks with bearish technical signals and high leverage or segment challenges, and the fund’s focus on a specific slice of mid-cap growth-at-a-reasonable-price stocks means investors are exposed to sector- and style-specific swings rather than a broad market mix.

Positive Factors

Solid Recent Performance

The ETF has shown steady gains over the past month, three months, and year-to-date, indicating positive recent momentum.

Strong Top Holdings Momentum

Several of the largest positions, such as Rambus, TechnipFMC, Hamilton Lane, Medpace, and Pilgrim's Pride, have delivered strong year-to-date gains that support the fund’s performance.

Diversified Mid-Cap Sector Mix

Holdings spread across financials, technology, energy, consumer sectors, health care, and industrials help reduce the impact of weakness in any single industry.

Negative Factors

High U.S. Market Concentration

With almost all assets invested in U.S. companies, the fund offers little geographic diversification and is heavily tied to the U.S. market.

Sector Concentration in Financials

A large tilt toward financial stocks increases the fund’s sensitivity to problems specific to the financial sector.

Mixed Performance Among Top Holdings

Some key positions like Lantheus, Renaissancere, and AppFolio have shown weak year-to-date performance, which can drag on overall returns if the weakness continues.

GRPM vs. SPDR S&P 500 ETF (SPY)

AUM483.69M

RegionNorth America

Expense Ratio0.35%

Beta0.97

IssuerInvesco

Inception DateDec 08, 2010

Dividend Yield1.2%

Asset ClassEquity

Index TrackedS&P MidCap 400 GARP Index - USD - Benchmark TR Gross

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume38,582

30 Day Avg. Volume21,928

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

142.27

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering59

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

GRPM Summary

The Invesco S&P MidCap 400 GARP ETF (GRPM) tracks the S&P MidCap 400 GARP Index, focusing on mid-sized U.S. companies that are growing but not considered too expensive. It holds a mix of sectors like financials, technology, health care, and energy, with companies such as Rambus and TechnipFMC among its top positions. Someone might invest in this ETF to seek long-term growth while spreading risk across many mid-sized companies instead of picking individual stocks. A key risk is that mid-cap stocks can be more volatile than large, well-known companies, so the ETF’s value can rise and fall significantly with the market.

How much will it cost me?The Invesco S&P MidCap 400 GARP ETF (GRPM) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is actively managed, focusing on selecting mid-cap stocks with growth potential and reasonable valuations.

What would affect this ETF?The GRPM ETF, focused on mid-sized U.S. companies, could benefit from economic growth and innovation in sectors like technology and healthcare, which are significant parts of its portfolio. However, rising interest rates or economic slowdowns could negatively impact mid-cap stocks, particularly in cyclical sectors like consumer discretionary and financials. Regulatory changes or sector-specific challenges in industries like energy or healthcare may also influence the ETF's performance.

GRPM Top 10 Holdings

GRPM is leaning hard into U.S. mid-cap financials and energy, and that’s where much of the action is. Valaris, TechnipFMC, and Permian Resources have been powering ahead, giving the fund a strong tailwind from the energy patch. On the financial side, Renaissancere and Bank OZK look steady-to-rising, helping offset weakness in Kinsale Capital, which has been losing steam and slightly dragging on results. Lantheus adds a bright spot from health care, but overall this is a domestically focused, mid-cap play with notable bets in financials and energy.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
LNTH	Lantheus	3.36%	$15.97M	$4.69B	-31.77%	73 Outperform
RNR	Renaissancere Holdings	2.97%	$14.13M	$12.99B	22.54%	78 Outperform
VAL	Valaris	2.80%	$13.30M	$6.06B	134.05%	76 Outperform
PR	Permian Resources	2.75%	$13.06M	$16.90B	48.78%	81 Outperform
FTI	TechnipFMC	2.73%	$12.97M	$25.21B	136.30%	80 Outperform
CRS	Carpenter Technology	2.53%	$12.04M	$19.28B	114.73%	75 Outperform
HALO	Halozyme	2.38%	$11.31M	$7.95B	10.48%	73 Outperform
KNSL	Kinsale Capital Group	2.30%	$10.95M	$8.61B	-16.64%	75 Outperform
APPF	AppFolio	2.26%	$10.76M	$6.88B	-13.45%	71 Outperform
PPC	Pilgrim's Pride	2.21%	$10.50M	$9.68B	-25.39%	73 Outperform

GRPM Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

122.65

Negative

100DMA

120.69

Negative

200DMA

117.11

Positive

Market Momentum

MACD

-0.51

Positive

RSI

37.57

Neutral

STOCH

29.97

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GRPM, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 122.92, equal to the 50-day MA of 122.65, and equal to the 200-day MA of 117.11, indicating a neutral trend. The MACD of -0.51 indicates Positive momentum. The RSI at 37.57 is Neutral, neither overbought nor oversold. The STOCH value of 29.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GRPM.

GRPM Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
GRPM	―	―	$483.69M	0.35%	74 Outperform
EZM	―	―	$855.46M	0.38%	70 Neutral
XMLV	―	―	$753.83M	0.25%	71 Outperform
BKMC	―	―	$605.21M	0.04%	69 Neutral
JPME	―	―	$406.44M	0.24%	70 Outperform
QVMM	―	―	$397.29M	0.15%	71 Outperform

Performance Comparison

GRPM

Invesco S&P MidCap 400 GARP ETF

118.70

15.89

15.46%

EZM

WisdomTree U.S. MidCap Fund

―

XMLV

Invesco S&P MidCap Low Volatility ETF

―

BKMC

BNY Mellon US Mid Cap Core Equity ETF

―

JPME

JPMorgan Diversified Return U.S. Mid Cap Equity ETF

―

QVMM

Invesco S&P MidCap 400 QVM Multi-factor ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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