GRPM - ETF AI Analysis
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Invesco S&P MidCap 400 GARP ETF (GRPM)
Rating:75Outperform
Price Target:―
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)
AUM460.06M
RegionNorth America
Expense Ratio0.35%
Beta0.95
IssuerInvesco
Inception DateDec 08, 2010
Dividend Yield1.04%
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. Volume24,992
30 Day Avg. Volume23,739
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
141.00Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering58
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 leans heavily into U.S. mid-cap financials and energy, with a few standout names doing much of the heavy lifting. Energy players like Permian Resources and TechnipFMC have been rising steadily, giving the fund a solid boost, while Lantheus adds extra fuel from the health care side. On the flip side, Halozyme and Kinsale Capital have been losing steam, and software name AppFolio has seen a rough patch, quietly tugging on returns. Overall, it’s a U.S.-focused, mid-cap GARP story with a noticeable tilt toward financial and energy strength.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Lantheus | 3.52% | $15.94M | $4.90B | -22.55% | 73 Outperform | |
| Valaris | 3.34% | $15.11M | $6.79B | 141.24% | 76 Outperform | |
| Permian Resources | 3.23% | $14.58M | $17.83B | 50.35% | 81 Outperform | |
| TechnipFMC | 3.15% | $14.25M | $27.66B | 114.89% | 80 Outperform | |
| Renaissancere Holdings | 2.97% | $13.44M | $12.93B | 21.32% | 78 Outperform | |
| Carpenter Technology | 2.52% | $11.40M | $19.63B | 110.38% | 75 Outperform | |
| Matador Resources | 2.26% | $10.22M | $7.85B | 23.62% | 82 Outperform | |
| Halozyme | 2.22% | $10.06M | $7.63B | 4.46% | 73 Outperform | |
| Bank OZK | 2.11% | $9.53M | $5.21B | 4.89% | 70 Outperform | |
| NOV | 2.10% | $9.50M | $6.78B | 22.06% | 72 Outperform |
GRPM Technical Analysis
Positive
―
Price Trends
120.81
Negative
120.34
Negative
117.97
Positive
Market Momentum
-1.12
Negative
48.81
Neutral
40.68
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GRPM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 117.70, equal to the 50-day MA of 120.81, and equal to the 200-day MA of 117.97, indicating a neutral trend. The MACD of -1.12 indicates Negative momentum. The RSI at 48.81 is Neutral, neither overbought nor oversold. The STOCH value of 40.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GRPM.
GRPM Peer Comparison
Comparison Results
Performance Comparison
GRPM
Invesco S&P MidCap 400 GARP ETF
118.23
12.39
11.71%
EZM
WisdomTree U.S. MidCap Fund
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XMLV
Invesco S&P MidCap Low Volatility ETF
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BKMC
BNY Mellon US Mid Cap Core Equity ETF
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JPME
JPMorgan Diversified Return U.S. Mid Cap Equity ETF
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QVMM
Invesco S&P MidCap 400 QVM Multi-factor ETF
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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.
DisclaimerThis 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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